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General Ledger Report

Introduction

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

Report Filters

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.

For US firms, this setting will default to cash basis, for Canadian firms, this will default to Accrual basis. You can override your default accounting method under Setup > Firm Settings > Accounting

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

Preview Report

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. 

Sample Report

Updated on September 30, 2019

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