Profit and loss is a financial report that shows the company’s revenues and expenses for a mentioned specific period of time for a specific customer. This report can be created in three different sections they are Current, Previous, and Custom. In the current, the report can be created by using Today, Current Month, Current Year, […]
Category: General
Trial Balance Report
The first step towards the preparation of the financial statement is done by trial balance which is closing the balances of all ledger accounts. This report is usually prepared at the end of the accounting period. In trial balance, Asset and expense accounts appear on the debit side and whereas liabilities, capital, and income accounts […]
Sales by Item Report
This report shows records of sales per item and it includes invoices for which payment has not been received. This report also shows amount and average price. This report will be helpful in identifying the items which are selling the most. This report can created in three different sections they are Current, Previous and Custom. […]
Sales by Salesperson Report
This report shows records of sales per salesperson and it includes invoices for payments not yet received. This report also shows sales amount and sales amount with tax. This report will be helpful in identifying the salesperson who is making the most number of sales. This report can be created in three different sections they […]
Invoice Report
This report shows the record of invoices and it includes invoices for which payment not received. This report also shows the invoice creation date and the due date of that invoices. This report will be helpful in identifying the paid, unpaid, and invoices that were saved as a draft. This report can be created in […]
Business Profile
https://youtu.be/L2cGAe5aUfc The business profile includes all the details related to the business. It includes General details, Address details, GST info, Accounting info. To update a business detail in myBooks Go to Settings, choose Business settings and click Business profile General details Short name: Short form of your name or business name. It’s displayed in the […]
Estimate Report
This report shows the record of estimates and it includes estimates which were saved and sent. This report also shows the estimated creation date and expiry date. This report will be helpful in identifying sent estimates and those estimates saved as a draft. This report can be created in three different sections they are Current, […]
Bill Report
This report shows records of bills and it includes bills which have not been paid. This report also shows the invoice bill date and the due date of that bills. This report will be helpful in identifying the bills which were saved as a draft and the bills which have been sent to the customer. […]
Taxes
Part of the profits or the income earned by the business had been paid to the government as taxes. When goods are taxed, a percentage of their price of the goods has to be paid to the government. Here you can add taxes and once the tax codes are created you can group those tax […]
Purchase Order Report
This report shows records of Purchase Order and it includes Purchase Order which was paid. This report also shows the Purchase Order creation date and the delivery date of that Purchase Order. This report will be helpful in identifying the bills which are not paid, partially paid, and paid. This report can be created in […]