Profit and loss statement 1.1.0

The application distinguishes itself from conventional household account book software by shifting the focus from meticulous expense tracking to a broader overview of financial performance. Users are encouraged to input only significant income and expenditure items, allowing the application to automatically generate a personalized Profit and Loss Statement.

This feature enables users to quickly assess their profitability and identify any financial losses at a glance. By regularly creating such income statements, users may find valuable opportunities to reflect on their financial management practices and enhance their motivation to improve profitability.

Furthermore, the application also automatically generates a Balance Sheet, providing clear visibility into current assets and liabilities.

• Major Features:
  • Generation of Balance Sheets
  • Creation of Profit and Loss Statements
  • Customizable account titles and auxiliary subjects
  • Robust journal search functionality with various filters
  • Ability to attach photos to journal entries and auxiliary subjects
  • CSV output for integration with other software
• Other Features:
  • Developed by certified public accountants
  • User interface is straightforward and efficient
  • Can function as a household accounting tool with P/L creation capabilities
  • Facilitates an understanding of accounting and management practices
  • Serves as an educational tool for bookkeeping and accounting
  • Aids in the preparation of final tax returns