Financial Statements
Drop in your trial balance and instantly generate a GAAP-ready income statement, balance sheet, and cash flow.
Overview
Financial Statements takes your adjusted trial balance and produces the three primary financial statements: income statement, balance sheet, and statement of cash flows. It maps account balances to standard GAAP line items so debits and credits tie out and the statements articulate cleanly with one another. Built for controllers and accountants who want to skip the manual spreadsheet linking at period close.
The problem
Turning a trial balance into properly structured, tied-out financial statements is tedious, error-prone spreadsheet work every close.
How it works
You upload or paste an adjusted trial balance, and the tool maps each account to standard statement line items, then computes the income statement, balance sheet, and cash flow statement so they cross-foot and articulate.
Use cases
- Producing month-end or quarter-end financials from a closed trial balance
- Generating a tied-out balance sheet, P&L, and cash flow for a leadership or board review
- Converting a bookkeeper's trial balance into GAAP-presentation statements for review
Tech stack
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