About essential reports

Essential reports can be used view your business’ performance. When running the reports you can view more detail about each of the values on the reports to see how they are calculated. To access these reports, click Reporting. You can export these reports as a CSV or PDF.

Essential reports include:

• Profit and Loss. Sometimes known as an income statement, this report shows your business’ income, expenses, and net income (or loss) for a particular period.
• Balance Sheet. See a snapshot of the worth of your business from the day you started trading, up to the date you specify.
• Trial Balance. View the balance on each ledger account in a specified date range.
• Accounts Receivable Aging. The Accounts Receivable (A/R) Aging Report shows you how much you’re owed at any point in time by each of your customers.
• Accounts Payable Aging. The Accounts Payable (A/P) Aging Report shows you how much you owe your vendors at any point in time.