Reports

LedgerHQ's report area is focused on the financial reports firms use most often while reviewing company books: Income Statement, Balance Sheet, Trial Balance, General Ledger, comparative statements, Cashflow, and Ratios. The goal is not to overwhelm users with every possible report name. The goal is to make the core statements reliable, readable, and exportable.

Reports are based on posted ledger activity. Bank feed rows that are still uncoded or unposted do not affect reports yet. Imported QuickBooks history does affect reports once the import has created posted journal entries and lines.

Choose The Right Report

Use the Income Statement to review revenue, expenses, and net income over a period. Use the Balance Sheet to review assets, liabilities, and equity as of a specific date. Use the Trial Balance when you want a compact account-level view that helps confirm whether the ledger is internally coherent.

Use the General Ledger when you need detail. It is the better report when a user asks why an account balance changed, which journal entry posted to an account, or whether imported history landed in the right place.

Set Dates Intentionally

Date ranges matter. For Income Statement, Cashflow, and comparative P&L work, choose the period you want to analyze. For Balance Sheet and Trial Balance, think in terms of an as-of date. If a report seems wrong, the first check is often whether the report date range matches the question being asked.

After a QuickBooks import, run reports for the imported period before adding new live activity. After bank feed posting, run current-period reports to confirm the new activity is flowing into the expected account categories.

The report date controls include year-oriented choices for quickly moving between current and prior reporting periods. Comparison reports also expose their period grouping and period-count controls. Always read the dates printed on the report rather than assuming the last-used selector still matches the question.

Hide Zero-Balance Rows

Some reports include a control to hide zero-balance account rows. This is useful when a migrated chart of accounts has many inactive accounts or when a client-ready report should focus only on accounts with activity.

Do not use zero-row hiding to diagnose missing data. If you are investigating a problem, show more detail first. Once the report is understood, hide zero rows for presentation.

Export Reports

LedgerHQ supports polished PDF and spreadsheet exports for core reports. PDF exports are designed for client review and include the report title, date context, firm branding where available, page structure, and clean amount formatting. Spreadsheet exports are better for analysis, review, and follow-up work outside the app.

The Management Financial Statements PDF packet combines the main financial statements into a client-ready export. Use this when you want a single packet instead of separate report downloads.

Comparison P&L, comparative Balance Sheet, Cash Flow, and Financial Ratios also have native mobile detail views. Both accountant and company-owner mobile reports use the same catalog and can export PDF/XLSX where supported.

Send Reports With Tally

Tally can help prepare and send one or several supported report PDFs to a validated company contact when the firm has authorized that action. The same rendered report PDF can also be logged on the related client-request thread so the firm has a record of what was sent.

Report delivery is externally visible. Tally should not send a report to a client contact unless the recipient is validated and the user or authority settings clearly allow the delivery. When in doubt, have Tally prepare the report and ask for an explicit decision before sending.

Use Reports During Close

Month-end close uses reports as review evidence. A clean close should include reasonable Balance Sheet and P&L review, not just a lack of bank-feed rows. If a report looks wrong, inspect the related journal entries, account register, statement coverage, or imported history before closing the period.