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From wikipedia: "In financial accounting, a balance sheet or statement of financial position is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as Government or not-for-profit entity. Assets, liabilities and ownership equity are listed as of a specific date, such as the end of its financial year. A balance sheet is often described as a "snapshot of a company's financial condition". Of the four basic financial statements, the balance sheet is the only statement which applies to a single point in time of a business' calendar year."
By default, flowlog generates a balance sheet from all your asset, liability, and equity account entries starting from the beginning of the fiscal year and ending on the current date. You can enter any End Date and flowlog will regenerate the balance sheet up to and including that date. The balance sheet will only list accounts that have had entry items entered during the specified date range.