Does QuickBooks Make Financial Statements?

QuickBooks provides four types of financial reports. The Trial Balance Report gives a list of the credits and debits of each account you have in QuickBooks. The Profit and Loss Report gives a summary of your income and expenses and tells you if your company is making a profit. The Balance Sheet totals your income, expense, liabilities and the value of your assets and equity to make sure the accounts have equal debit and credit amounts. The Cash Flows Report tells you how you spend your money and how your profit grows over time.

Instructions

    • 1

      Open QuickBooks. Select "Reports" from the menu at the top of the screen.

    • 2

      Click "Accountant and Taxes" and select "Trial Balance" Use the drop-down box to select the date range of the information you want to print. Click "File" at the top of the screen and select print.

    • 3

      Go back to "Reports" menu. Click "Company and Financial" and choose "Profit and Loss."

    • 4

      Select the range of dates you want to print from, using the drop-down box. Click "File" at the top of the screen and select print.

    • 5

      Go back to the "Reports" menu. Select "Company and Financial" and choose "Balance Sheet."

    • 6

      Select the date range of the information you want. Click "File" in the top menu and select "Print."

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