Reports
Balance sheet, profit & loss, trial balance and the VAT report.
Reports turn your posted entries into the statements you need. Open Accounting → Reports and switch between them with the tabs.
- Balance sheet - what you own and owe at a date (assets = liabilities + equity).
- Profit & loss - income minus expenses over a period, and your result.
- Trial balance - every account's balance, with debits equalling credits.
- VAT report - output VAT on sales versus input VAT on purchases, and the net due.
Dates
The balance sheet and trial balance are “as of” a date; profit & loss and the VAT report cover a period (defaulting to the year so far). Only posted entries are included.
The Dashboard gives you the headline numbers and a 12-month revenue-vs-expenses chart; Reports is where you get the detail.