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. […]
Category: General
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 […]
Currencies
myBooks enables you to transact in more than one currency. Base currencies are where all the transactions will be created and if you want to create transactions on other foreign currencies. You can add those currencies here and My Books automatically calculates the exchange rate. If you want to add the exchange rate manually it […]
General Ledger Report
General report shows all the transactions from all accounts for specific given dates. This report shows the totals for each account and from here you can view details of each transaction. This report is unhelpful in checking every transaction that occurred a specific period of time. This report can be generated in three different date […]
Profit & Loss by Item
Profit and loss by the item is a financial report that shows company’s revenues and expenses for a mentioned specific period of time for a specific item. This report can be created in three different sections they are Current, Previous, and Custom. The current report can be created by using Today, Current Month, Current Year, […]
Balance Sheet
Balance sheet is a financial statement that shows company assets, liabilities, equity. This is one of the important reports because it shows the company assets, liabilities, and equity for the given period of time and which in turn it shows the company’s financial status. This report can be created in three different sections they are […]
Cash Flow Report
This is another important report because it shows the company’s liquidity position. The amount of cash that the company receives from customers or pays out to creditors is known as cash flow. This is another important report because it shows the company’s liquidity position. You can analyze from where the money is coming in and […]
Sales by Customer Report
This report shows records of sales per customer and it includes invoices for which payment has not been received. This report also shows sales amount and sales amount with tax. This report will be helpful in identifying repeat customers. This report can be created in three different sections they are Current, Previous, and Custom. In […]
Chart of Accounts
Accounts that are used in the general ledger of an organization are the chart of accounts. The chart is used by the accounting software to aggregate information into an entity’s financial statements and it is usually sorted by account code so that accounts can be properly located. These account codes are usually numeric or alpha-numeric. […]