MYLEDGER Accounting preparation
Financial reports
Profit and loss, balance sheet, trial balance, general ledger, SMSF statement of financial position and rental schedules, all from the reconciled ledger with drill-down.
Who it is for
Accountants reviewing client results and preparing year-end figures.
Features in Financial reports
Profit and loss
A profit and loss report for any period, with comparatives and drill-down to transactions.
VideoProfit and loss by tracking category
Split the profit and loss into a column per location, department, job or cost centre, one tracking category at a time.
VideoBalance sheet
A balance sheet at any date with built-in checks, and a by-tracking-category balance sheet available as a section of the financial statements.
VideoSMSF statement of financial position
A balance sheet in the layout self-managed super funds use.
VideoTrial balance
A trial balance for any period, to check debits equal credits before you report.
VideoGeneral ledger
Transaction-level detail for every account.
Cash at bank setting
Choose which account is cash at bank so statements classify cash correctly.
Rental property schedule
A schedule of rental property income and expenses drawn from the ledger, for the rental section of the return.
VideoOne reporting period for every report
Pick the financial year or period once and every report uses it.
VideoStatement sections per client
Choose which statement sections are shown for each client, to suit the entity.
Reports that do not break on one bad line
A single problematic transaction is set aside and flagged instead of breaking the whole report.
More from MYLEDGER
See it working in your practice.
Start with one workflow and adopt more of the connected practice system over time. Your team reviews and approves the work.
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