This feature is available only for those that subscribe monthly to our Accounting and Reporting services.
If you are NOT a monthly subscriber and would like more information, please view: How to upgrade to add Accounting and Reporting features to my Autobooks account.
Autobooks provides our subscriber users a standard financial report to see whether the business is making money or operating at a loss. This type of report is also known as an Income Statement.
Accessing your report
Click on the Reports tab on the left side navigation within Autobooks. From there, click on the Profit and Loss option.
Your report may be sorted by a Fiscal year up to a certain Period (month). The default view is the current year and current month. To change the search criteria, click the down arrow next to Search criteria then change the fiscal year and/or period.
Understanding the report results
This report shows the business income from customer payments in the top section, business expenses that were categorized in the middle section, and the difference between them in the bottom section.
Here is where you can see Categories and Groups at work:
To learn how to categorize your bank account transactions, check out our article here.
To learn how to create new categories, check out our article here. To learn how to create a new group, check out our article here.
Exporting the results
To download the report results, click the Export button at the upper right corner of the search results.