Daily Transactions Report – know the receipts and expenses of each day.

Ledgers Report – Provide all financial data on assets, liabilities, revenues and expenses.

Trial Balance – Lists closing balances of all ledger accounts. Helps you ensure that debits and credits balance.

Accounts Receivable – Helps you know the money you expect to receive from customers you sold to on credit.

Accounts Payable – Helps you know the money you’re yet to pay for goods and services supplied to your business.

Inventory Report – Helps you know your stock levels at any time.

Income Statement – Shows your business’s profit or loss.

Balance Sheet – Shows you the financial position or condition of your business under assets and liabilities.

Cashflow Statement – Helps you understand how cash entered and left your business.