Accounting Reports is used to manage overall financial transactions of your business and enables to view financial health of the organization. By managing the accounting reports (such as Balance Sheet, Trial Balance, Profit and Loss report), you can easily view the total profit earned by the Company in financial year or you can also maintain the record of financial transaction of the day.
For Example: Pinnacle Hills and Northway, Computer Hardware Company, wants to view net profit earned in financial year. For this purpose, Company will view Balance Sheet Report to evaluate total profit earned by the Company.
After entering the transactions detail of the Company, the next step is to view the report according to evaluate business performance. Reports automatically calculate values which you have entered on the voucher entries.
Click on Report Menu to view the following reports: