Financial Reports

Financial Reports is where the books are read. Shortcuts open Balance Sheet, Profit and Loss Statement, Cash Flow, Trial Balance, General Ledger, Accounts Receivable and Accounts Payable; the cards show Cash & Bank, Net Profit / (Loss), Expenses and Revenue; the charts show Liabilities Mix, Expense Breakdown and the monthly Profit and Loss. The demo trial balance totals Rs 26,48,800 and revenue Rs 64,000. The owner opens it before meeting the bank, the accountant at every month end and year end, and the auditor at the close.

1. 01Go to Financial Reports from the sidebar.
2. 02Read the four cards for cash, profit, expenses and revenue this fiscal year.
3. 03Click Trial Balance, set the fiscal year and confirm debits equal credits at Rs 26,48,800.
4. 04Click Profit and Loss Statement for the year's result, then Balance Sheet for the position.
5. 05Open General Ledger with an account filter to trace any figure to its vouchers.
6. 06Use Menu > Export to send a PDF to the bank or the auditor.

Open at month end, year end or before meeting the bank.

Trial balance total Rs 26,48,800, revenue Rs 64,000.