> ## Documentation Index
> Fetch the complete documentation index at: https://help.palletlog.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Understand balances

> Learn how Palletlog balances summarize movements by partner and asset type.

Balances summarize how many units of each asset type sit between your workspace and each partner.

<Note>
  Interface labels, screenshots, and step-by-step UI guidance in this article are pending verification against the live Palletlog application. Conceptual guidance below uses approved Palletlog terminology. Detailed UI steps will be added when product sources are confirmed.
</Note>

## Outcome

You can interpret a balance view and know which movements and confirmations affect it.

## How balances are formed

Balances are derived from recorded **Movements** between your workspace and a **Partner**, for each **Asset type**.

Typical contributors:

* Movements you register
* Partner responses to confirmations
* Corrections to earlier movements
* Opening positions imported from Excel

<Note>
  Balances reflect the direction of recorded movements between your workspace and each partner. A positive balance for an asset type means your partner holds more of that asset than you, or owes you units, depending on your workspace configuration. Verify balance direction against your operational agreements.
</Note>

## Views you will use

| View                | Use when                                          |
| ------------------- | ------------------------------------------------- |
| Balances by partner | You need the position with one logistics partner  |
| Balances by asset   | You need totals for an asset type across partners |
| Partner statements  | You need a shareable snapshot for reconciliation  |
| Exports             | You need data outside Palletlog                   |

## Confirmations and disputed positions

A movement may affect balances before or after partner confirmation, depending on your process. If a partner reports a difference, treat the related balance as uncertain until the **Dispute** is resolved.

See [Resolve a dispute](/confirmations-and-disputes/resolve-dispute) and [Balance not updated](/troubleshooting/balance-not-updated).

## Expected result

You can explain why a balance changed and which article to open next for reconciliation, export, or dispute handling.

## Related articles

* [Balances by partner](/balances/balances-by-partner)
* [Balances by asset](/balances/balances-by-asset)
* [Reconcile your account](/balances/reconcile-account)
* [Partner statements](/balances/partner-statements)