Reports

Every action posts a balanced entry the moment it happens, so the reports are never a project at the end of the year.

• Profit and loss, and the balance sheet: current whenever you look.
• The BBO tax report: built payment by payment from the entries, the way the Aruba tax office expects. On tax day, pay the office straight from the report; it settles everything still open.
• BBO you paid on imported goods credits back against what you owe.
• Outstanding creditors and reimbursements: who still needs to be paid.
• The general journal: every entry, open for you or your accountant to check as far back as the books go.