Cash-based reporting is a financial reporting method aligned with cash-based accounting, where financial transactions are reported only when cash is received or paid. This reporting provides a real-time reflection of cash flow and liquidity, making it especially useful for businesses or organizations focused on cash management.
Steps to access the reports :
- To access your Docyt account, log in using your credentials.
- Go to the main menu and click on 'Business Reports'. Then, select the option for 'Business Reports' and choose the 'Cash Basis' option.
- Once you access the Business Reports section, you can choose between viewing 'Profit & Loss' statements or the 'Balance Sheet'.
- You can access the detailed balance sheet by choosing 'Balance Sheet' in the image above.
- Clicking on 'Profit and Loss' in the figure at point 3 will give you access to the detailed 'Profit & Loss' statement.
- You also have the option to export the reports in Excel format. Click on the ellipsis icon and select the Export as Excel from the available options.
7. A pop window will appear to with option of 'Data Export'.
8. Report is ready for download in the Data Export section.
