The balance report gives you an overview of your business performance, showing a summary of your income and expenses. All amounts do not included taxes (net amounts).
The balance report displays:
- Total sales amount – Your net sales. The total amount invoiced during the period minus tax and refunds. This is displayed in your accounting currency.
- Total expenses – Your total expenses. The total amount registered in your Quaderno account as expenses for the given period.
- Profit – Total sales minus total expenses.
You’ll also see a month-by-month breakdown of your sales and expenses, separated by currency.