How can I see all the activity and balances in the chart of accounts? And do you offer some type of a balance sheet/income statement based on the transactions in the chart of accounts?
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How can I see all the activity and balances in the chart of accounts? And do you offer some type of a balance sheet/income statement based on the transactions in the chart of accounts?
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Hey Paula, we're actually getting ready to release an income statement that will provide exactly what you're looking for here. In the meantime, we recommend using owner statements as a way of getting a P&L rundown. But we should have this available within the next few weeks. Thanks!
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Hey Chris, yes actually. We're getting very close on it. We'll be releasing a major update in the coming week or so with lots of core improvements and updates, in addition to credit card payments. Right after that we'll be releasing the P&L report. I should note that we're practically finished with it at this point as well. Please keep an eye out for an announcement early next month. Thanks!
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We now have an Income Statement (P&L) available on all plans. You can see this new report under your Reporting Tab. The Income Statement is very flexible, allowing you to generate for the whole Company, an Owner, a Unit Group, or just a Unit. Additionally you can compare periods. So you could generate a P&L for the current month and compare it to the previous 11 months to get a year breakdown comparison of your performance.
Check it out and let us know what you think!
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