This report can be used to generate the company’s income statement at the year-end as well as profitability as each money transaction from the bank account gets assigned to a category.
To access this report, go to Reports > Accounting > General Ledger
Chart of Account: Choose “all” to view all chart of accounts in the report or choose a specific chart of account from the list
Account Type: Choose”all” to view all account types or choose a specific account type. (Ex: If you want to report on all of your expense accounts, choose ‘Expense’ from this list)
Accounting: You can generate the General Ledger Report for two types of accounting: cash basis or accrual basis.
Date Range: The date range options you have are All Dates, Last Month, Last Year, This Month, This Year. You can override the date range via the from/to boxes to the right
Report Printing Options
Include accounts with zero activity: Checking this option will include those accounts which had no activity in the range selected. This is unchecked by default
Once your filters are set, to preview the report, click the View button at the top right of the window.
Export or Print Report
You can export all reports to either pdf or excel.
To do so, select the format you want, in the ‘Print as’ field, then click Download
This will save the report to your default downloads location where you can then print, or save to another location.