How to Generate Key Financial Reports (New Vers.)

Generate Key Financial Reports is for you to find out how your business finance conditions. Biztory Accounting System will auto-generate Profit & Loss, Cash Flow, and aging accounts reports in less than 30 seconds. 

Why are complete financial reports important to your company and business?

Financial reports are the key to expanding your business, as outsiders or potential investors can learn more about your company’s performance. Eventually, this can lead to an increase in your business's shareholders.

1. Click on Accounting and select 'View Report'

2. You will see a list of reports

1. Profit & Loss - To check where your business gains and losses the most.

2. Balance Sheet - To check your assets and liabilities.

3. Trial Balance - A list of closing balances.

4. Debtor Aging Reports - To see your debtor situation and check how long they have been owing you.

5. Creditor Aging Reports - To check how long you have been owing others in order to manage your cash flow.

6. Payment & Receipt Report - A summary of actual cash receipts and payments extracted from the cash book over a certain period.

7. Statement of Account - A document that reflects all transactions that took place between you and a particular payee for a given period of time.

8. Fixed Asset Report - To track the value and condition of your business's long-term assets, such as property, equipment, and machinery, helping you manage depreciation and plan for future investments or replacements.

3. Click on Profit & Loss

4. The Biztory Cloud Accounting System will automatically generate a report for you to view the details under "Profit & Loss."

(Reminder: You must always update and record your business data, only then will the Biztory Accounting System be able to automatically generate a complete financial report.)