Accounting & ComplianceNew

Balance Sheet, Profit & Loss and Trial Balance

Financial statements that balance, year after year.

Balance Sheet, Profit & Loss and Trial Balance: Financial statements that balance, year after year.

Get the three statements every accountant asks for, straight from your day-to-day entries. Choose a financial year or a date range and the figures are ready.

What you can do

Balance sheet

Assets, liabilities and equity as on any date, with a clear balanced or not-balanced check.

Profit & Loss

Income and expenses for a financial year or any date range, with the net profit or loss.

Trial balance

Opening, movement and closing balances for every ledger.

Multi-year ready

Profit from earlier years is carried into equity, so the balance sheet keeps balancing as years pass.

Also included

  • Financial-year dropdown on every report
  • A loss correctly reduces equity
  • Dates are handled as calendar days with no time-zone surprises

Frequently asked questions

Will the balance sheet still balance in my second year?

Yes. Profit from earlier years is included in equity, whether or not those years have been closed.

Related features

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