Report	Description
Audit Trail	Reviews changes made to recorded transactions, tax codes, account details and system settings. Note that before you can track and report changes, you need to activate the audit trail tracking preference. For more information, see ‘Audit trail tracking system’.
Profit & Loss	Shows your profit and loss figures.
Balance Sheet	Reviews your financial position as of the end of a period.
Trial Summary Balance	Identifies incorrectly entered amounts. When reviewing this report, check for: • entries that seem unusually high or low for the account that has been affected • debit amounts for accounts that normally have credit entries and vice versa • unusually high or low ending balances • an unusually high or low number of entries for a specific account.
Balance Sheet Budget Analysis	Lists account balances as of the end of a selected period, along with the budgeted amounts. If you’ve determined that changes need to be made to the budgets for the coming months, you can adjust your budget.
Profit & Loss Budget Analysis	Lists account balances for a selected period, along with the budgeted amounts. If you’ve determined that changes need to be made to the budgets for the coming months, you can adjust your budget.
Statement of Cash Flow	Shows how your cash position has changed over a period of time, what profit you have earned, where you received additional cash, and where your cash was spent.