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Run Financial Reports

Every report below pulls from the same ledger, so they always agree with each other. Find them under Finance & Accounting → Financial Reporting.

The reports

ReportWhat it tells you
Trial balanceWhether your total debits equal your total credits
General ledgerWhat moved through each account, with drill-down
Profit and lossWhether you made a profit or a loss over a period
Balance sheetWhat you own, owe, and are worth at a point in time
Cash bookCash account movements
Cash flow statementHow your cash position changed
Notes to the accountsSupporting detail behind the statements
COGS accuracy / gross marginInventory costing versus sales (needs Inventory enabled)

Using them

  1. Pick a report and set your date range.
  2. Export it, if the screen offers that option.
  3. For the trial balance specifically, debits and credits should match to within a fraction of a cent. If they don't, check for unposted drafts or one-sided entries using the journal entry viewer.

Next step