Comprehensive Financial Reporting: Daily Summary, Balance Sheet, and P&L Statement

Feature Overview

With myBillBook, you can generate key financial reports like sales summary, profit & loss, and balance sheet in just a few taps–no accountant needed !

• A. How to Check Daily/Weekly Summary of Sales and Profits

Overview:

The daily/weekly summary shows your total sales, expenses, and profits - so you know how your business is performing day to day.

Benefits:

•  Quick performance snapshot

• Helps track profit margins

• Allows timely course correction

Step-by-step Instructions

Go to Reports > Items sales and purchase summary.

Choose the date range (Today, This Week, Custom).

View total sales, collections, expenses, and profit.

Tap Export to download the report.

• B. How to Check Your Balance Sheet

Overview:

The balance sheet shows your total assets, liabilities, and equity at a glance.

Benefits:

• Gives overall financial health of your business

• Useful for loan applications and tax filing

• Tracks what you own and what you owe

Step-by-step Instructions

Open Reports > Balance Sheet.

View summary of assets (stock, cash, bank), liabilities (payables, loans), and net balance.

Tap Download PDF or Share with your accountant.

C. How to Check Your Profit and Loss (P&L) Statement

Overview:

Your P&L shows income, expenses, and net profit over any period - daily, weekly, monthly, or custom.

Benefits:

• Helps understand actual profit

• Useful for GST/tax calculation

• Shows how expenses affect revenue

Step-by-step guide- 

Go to Reports > Profit & Loss.

Choose time period (Today, This Month, etc.).

View total revenue, expenses, gross profit, and net profit.

Tap Download or Share.