Financial Reports & Tools
Running financial reports, tracking asset depreciation, and getting a clear picture of your business performance. Profit and loss, balance sheets, customer statements, and more.
Running Reports
How to pull the financial reports you need — profit and loss, balance sheet, trial balance, tax s...
Profit and loss statement
The profit and loss statement (P&L) is the report that tells you whether your business is making ...
Balance sheet
While the profit and loss tells you how your business performed over a period, the balance sheet ...
Trial balance
The trial balance is a report that lists every account in your chart of accounts with its current...
Tax reports and sales tax summary
When it's time to file your state sales tax return, you need to know exactly how much tax you col...
Customer and vendor statements
A statement is a summary of all transactions between you and a specific customer or vendor over a...
Asset Management
Tracking business assets like display cases, safes, and security systems — setting up depreciatio...
What is asset management?
When you buy a $3,000 gun safe, a $5,000 display case, or a $15,000 security camera system, you d...
Creating and depreciating an asset
When you purchase a business asset — like a new display case for $4,800 — here's how to set it up...
Disposing of an asset
When you sell, scrap, or replace a business asset — maybe you upgrade your display cases, replace...