Reports & Profit Insights
Know where you stand.
And what changed.
The reports your accountant expects, computed live from your ledger, on cash or accrual basis. Click a number on your P&L or Balance Sheet to see the transactions behind it. Profit Insights tells you what changed in your profit and which customers and costs drove it, with your top vendors alongside.
14-day free trial. Pro is $20/month per business.
Financial statements
Click a number to see what’s behind it
P&L, Balance Sheet, Cash Flow and Statement of Changes in Equity, with Trial Balance and General Ledger underneath. Click a figure on the P&L, Balance Sheet or Trial Balance and a drawer opens with the transactions behind it. Compare periods by dollar or percentage change, and export to PDF or Excel.
Drill down layer by layer, with Back and Forward
Period comparisons, with fiscal-year shortcuts
Cash or accrual, named in every statement heading
Full screen, “In thousands” and “Without cents” views
Profit Insights
What changed, in plain English
Profit Insights leads with a headline about what changed in your profit, then breaks it down by your top customers, vendors and expense categories. Switch between accrual and cash, and compare to last year.
A “what changed” headline for this month, this quarter, year to date and more
Top customers, vendors and expense categories, side by side
Accrual or cash, and compare to last year
Ask the agent for this month’s P&L as a PDF or Excel file
Every report you need
Every report your accountant asks for
Balance Sheet and Trial Balance for your accountant, profit by job on cash or accrual, and the rest. Track what customers owe and what you owe with AR and AP aging. Sales tax, GST and HST summaries, and 1099-NEC tracking with a CSV for the filing service you use.
Job profitability, with jobs created from accepted estimates
AR and AP aging, sales by customer and item, expenses by vendor
Sales tax summary and 1099-NEC with a CSV export
Bookmarkable report links you can share with your team
Also included
Every business on one page
If you run several companies, “Your businesses” shows revenue, expenses, profit and cash for each, side by side.
Ready to print
Printed headers show the business, report, period and basis. Negative amounts appear in parentheses.
Exports
PDF and Excel for every statement, plus CSV for the General Ledger.
Ask for a review
Ask the agent to look over your P&L, balance sheet and books checks. It points out what looks off and where to fix it.
Ask for a forecast
Ask the agent for a cash-flow forecast, worked out from your own books.
Questions
Which reports are included?
P&L, Balance Sheet, Cash Flow, Statement of Changes in Equity, Trial Balance, General Ledger, Transaction Detail, AR and AP aging, sales tax, 1099-NEC, sales by customer and by item, expenses by vendor, job profitability and Profit Insights, among others.
Does Balances file my taxes?
No. Balances keeps the records your accountant or filing service needs: a sales tax summary and a 1099-NEC CSV you can hand to a third-party filer.
Can my accountant use these reports?
Yes. Statements name their basis, export to PDF and Excel, and the General Ledger exports to CSV.
Something else on your mind? Talk to our founder.
Keep exploring
Invoicing & payments
Send branded invoices with a pay link for card or ACH through Stripe, estimates customers accept online, recurring invoices, and reminders you switch on per invoice that then send on their own.
Bank feeds & reconciliation
Connect your bank through Plaid or import a statement, approve the categories, pair your transfers, and reconcile to your statement balance.
For accountants & bookkeepers
A firm portal with one list of every client and what’s waiting there. Set up client workspaces your firm owns, bring your team, and lock a client’s books when a period is done.
Or see everything Balances does.
See your own numbers
Start a trial, connect your bank, and open your P&L.