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Financial Reports

Qwan Accounting provides real-time financial reporting.

Standard Reports​

Access these reports via the Financial Reports menu.

Profit & Loss (Income Statement)​

Shows your revenue minus expenses over a specific period.

  • Use this to determine if your business is making money.
  • Filter by date range.

Balance Sheet​

Shows your financial position at a specific point in time.

  • Assets: What you own (Bank, Inventory, Debtors).
  • Liabilities: What you owe (Creditors, Loans).
  • Equity: The net value of the business.

Trial Balance​

A list of the closing balances of all accounts. Used for auditing and ensuring books are balanced.

AI Analyst​

An intelligent assistant that interprets your financial data and provides insights (e.g., "Revenue is up 10% this month").