Balabook Currently Offers a Focused Set of Core Financial Reports:

1. General Ledger (Account Transactions):
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- The General Ledger gives you a detailed view of all transactions across your accounts.
- Use filters to narrow results by account, date range, customer, or vendor.
- For each account, you can see the opening balance, transactions, and the closing balance.
- Ideal for reviewing detailed activity and ensuring all entries are correct.

2. Balance Sheet:

- The Balance Sheet provides a snapshot of your business’s financial position at a specific point in time.
- It shows your assets, liabilities, and equity.
- Use this report to assess what your business owns and owes, and its overall net worth.

3. Profit & Loss (Income Statement):

- The Profit and Loss report summarizes your income and expenses over a selected period.
- It calculates your net profit or loss, helping you track performance over time.
- Great for reviewing revenue, cost of sales, and operating expenses.

4. Trial Balance:

- The Trial Balance displays the total debits and credits for all accounts as of a specific date.
- It helps verify that your accounting records are in balance.
- A useful tool for preparing your books for closing periods or audits.

5. VAT Returns Report:

- If you're VAT-registered, this report helps track VAT collected on sales and paid on purchases.
- It summarizes VAT payable or refundable within a given period.
- Use it to support your tax filing obligations and ensure compliance with VAT regulations.

Each report can be viewed directly within Balabook and exported in formats like PDF or CSV for sharing or recordkeeping.

For additional guidance, you can view the tutorial here.