Financial statements are written records that convey the financial activities and conditions of a business
or entity. They help on determinining a business company's financial capabilities and shows the company's overall
performance at a given period of time. Financial statements include balance sheet, income statement and statements
of sales and expenses.
Balance Sheet
Lists what you own (assets), what your debts are (liabilities), and what you’ve invested in your company (equity).
Income Statement
Shows money you earned (income) and money you spent (expenses) so you can see how profitable you are.
Statement of Cash Flow
Shows cash generated by your business (operating activities), cash spent on your business (investing and financing activities).
Trial Balance
Lists the closing balances of GL accounts segregated into debit balances and credit balances.
A/R Aging
Shows the total amount due of invoices per customer for the current period and for the last 30, 60 and 90+ days so you can see
how long they’ve been open (outstanding).
A/P Aging
Shows the total amount due of Accounts Payable Vouchers per supplier for the current period and for the last 30, 60 and 90+ days
so you can see how long they’ve been open (outstanding).