Current assets in the financial statements
Current assets is a balance-sheet line item: a balance at a date, with a debit balance in the ledger.
Current assets in Business Central
How the accounts are selected
- Category Current Assets (2) and every category below it
- Plus 10 accounts assigned directly: 15910 Current Receivable from Employees, 15920 Accrued income not yet invoiced, 15930 Clearing Accounts for Taxes and charges, 15940 Tax Assets, 15950 Current Receivables from group companies, 17100 Bonds, 17120 Decreases during the Year, 17200 Convertible debt instruments, 17300 Other short-term Investments, 17400 Write-down of Short-term investments
38 posting accounts in total.
Posting accounts
- 10001 TOTAL ASSETS
- 14000 Inventories, Products and work in Progress
- 15000 Receivables
- 15100 Account Receivables
- 15900 Other Current Receivables
- 16000 Prepaid expenses and Accrued Income
- 17000 short term investments
- 18000 Cash and Bank
Metrics using current assets
- Current Ratio: Current assets ÷ Current liabilities
- Net Working Capital: Current assets − Current liabilities
- Working Capital Turnover (through another metric): Revenue ÷ average Net Working Capital