Manage reports

Create and manage financial reports including income statement, balance sheet and WIP reports.

Instructions

To create new reports:

1. Navigate to the Reports section from the left menu.
2. Click on New Report.
3. In the Essentials section, select a type of report:

• • Report Type 

• • • Income Statement: Provides a summary of your company's revenues, expenses, and profits over a specific period, showing whether the business is profitable or not.
    • Balance Sheet: Displays the company's financial position at a specific point in time, including assets, liabilities, and shareholders' equity.
    • AR Aging Report (Accounts Receivable Aging Report): Breaks down the outstanding amounts owed by customers, categorized by the length of time they have been due.
    • AP Aging Report (Accounts Payable Aging Report): Lists the company's unpaid bills, categorized by the length of time they have been outstanding, helping manage cash flow and obligations.
    • Transaction Report: Shows a detailed list of all financial transactions within a specific period, providing insight into the company's cash flow.
    • Sales Tax Liability Report: This report summarizes the sales tax collected and owed to tax authorities, ensuring compliance with tax regulations.
    • Work In Progress Report: Tracks the costs and progress of ongoing projects, helping monitor budget and profitability for projects that are not yet complete.
  • Name of the Report
  • Report Period

4. Select Create and Save to complete the process.

 

Printing and downloading reports

You can view, print, or download reports in CSV format. Additionally, by selecting the gear icon, you can toggle the Account Number Prefix to include it in the report.

What's next?

Keep exploring our platform by taking the next step: Create estimates and jobs page.