Reports and financial statements
Profit and loss, balance sheet and trial balance from the same entries, and a figure followed down to the vouchers behind it.
Transcript
Falcon does not store reports. Each one is worked out from the posted entries the moment you open it.
Profit and loss
Profit and loss for the year so far: what came in, what it cost, and what is left.
Balance sheet
The balance sheet: what the business owns and owes on a date, and the two sides always agree.
Trial balance, and down to the voucher
The trial balance lists every ledger. Any figure opens the ledger behind it. Each line in the ledger is a voucher you can open — the bill, the date, who it was with. Debits and credits, balanced, posted once and never edited: a correction is a new entry that reverses it. Falcon. Start free.
Where to next
Start free
Open an account and the same steps are waiting as guided tutorials inside the app, under Help.