Statements that roll up your own chart of accounts
The trial balance, income statement and balance sheet read straight from the posted ledger. Each parent account totals the accounts beneath it, and the balance sheet tells you whether it balances.
- Total assets
- 1,284,500.00
- Total liabilities
- 512,300.00
- Equity
- 640,000.00
- Current period earnings
- 132,200.00
- Liabilities and equity
- 1,284,500.00
Goes through · Assets equal liabilities and equity: the sheet balances
From the ledger to the PDF
Pick the statement
A trial balance or income statement for a date range, or a balance sheet as at one day.
Read the hierarchy
Accounts sit under their parents, and each parent shows the sum of the accounts beneath it. Accounts with no balance stay hidden unless you ask for them.
Compare
Turn on comparison to see the same dates one year earlier beside this year’s figures.
Print
Send it to PDF in Arabic or English. It is built in the background and is ready to download when done.
Details that matter
A trial balance with turnover
Opening balance, debits, credits and closing balance for each account, with a check that debits equal credits.
Gross profit and net income
Revenue, cost of goods sold and expenses, with gross profit and net income beneath. The year-end closing journal is left out, so a closed year still reads.
Earnings carried to equity
The balance sheet shows the period’s earnings inside equity, so it balances before the year is closed.
Questions buyers ask
Do we re-key anything to get the statements?
No. They read the posted ledger, which sales, purchasing, stock and payments post to by themselves.
Can we print them in Arabic?
Yes. Each statement prints as a PDF in Arabic or English.
Can we compare with last year?
Yes. Comparison shows the same dates one year earlier beside the current figures.