Reports and Statements
Keep yourself updated on your company's financial performance
Income Statement (P&L)Learn what an Income Statement (P&L) is, how to read it, and why it's crucial for tracking your business's profitability and health.
Balance SheetLearn what a Balance Sheet is, what it contains, and why it's a critical tool for understanding your company's financial health.
Cash Flow StatementLearn how the Cash Flow Statement tracks cash from operating, investing, & financing activities to show your company's true liquidity.
General LedgerLearn what the General Ledger (GL) is, the master record of all financial transactions, and how it's used for troubleshooting and audits.
Trial BalanceA guide to the Trial Balance, the internal report that verifies your books are balanced by confirming that total debits equal credits.
Impacts of Cash Basis AccountingLearn the difference between cash & accrual accounting and how using the cash basis method affects your P&L, Balance Sheet, and reports.