4Lesson 4
· 8 min readFinancial reports for your business
THREE ESSENTIAL REPORTS:
PROFIT AND LOSS: Revenue minus Expenses equals Net Profit or Loss. Access via Finance then Reports then Profit and Loss. Use monthly to check business health.
BALANCE SHEET: Assets minus Liabilities equals Equity. Use at year-end for formal accounts.
CASH FLOW: Actual cash in minus cash out. Use weekly to ensure you can pay salaries and suppliers.
All reports support custom date ranges and export as PDF or CSV.
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