FAQ Tag: income statement

What are different financial statements in Accounting Software?

What Are Financial Statements? Financial statements are written records that convey the business activities and the financial performance of an entity. Financial statements are often audited by government agencies, accountants, firms, etc. to ensure accuracy and for tax, financing, or investing purposes. Financial statements include: Balance sheet Income statement Cash flow statement. What are the

Read more

How to get income expense statement in Accounting Sofware?

What is an Income Statement? An income statement is one of the three important financial statements used for reporting a company’s financial performance over a specific accounting period, with the other two key statements being the balance sheet and the statement of cash flows. Also known as the profit and loss statement or the statement of revenue and expense, the income statement

Read more