The app comes with in-built, easy to use and customizable financial statements and reports -
1. Income Statement - Provides a measure of your company's economic performance. Also called a "Profit and Loss Statement". The income statement comes in two separate formats, each on a separate tab - single step with all revenues and expenses lumped together; and multi step that calculates Gross Profit and Operating Income.
2. Balance Sheet - Summarize what your company owns and owes.
3. Cash Flow Statement - Where does your company get and spend its cash?
4. Profit and Loss Projection - Helps you create a 3-year profit and loss projection for a business providing services or selling goods or both.
If you are just getting started managing your finances or have a new business and need a quick solution for tracking your income, expenses and their sources, Business Ledger is the best app for you. You can record expenses and income, and develop an aggregate balance.
The app lets you save and re-use the financial statements, so you can see and keep a track of the financial progress of your business over time. If you would like to share the accounts and ledger with your business partners, investors and other stakeholders, simply tap e-mail, to send the information instantly anytime and anywhere. Alternatively, you can locally save and email the statements.
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