Reports
Quant has a number of useful reports available to users which give an easy-to-view insight into your business finances. The reports available to Quant users are:
Profit and Loss
This is useful for seeing how much profit your business is making for any given date range. Profit and loss reports can help you make business decisions and will highlight any areas of spending that could be cut back.
Balance Sheet
This report shows a snapshot of your financial position for any given point in time. Here you can see your assets, liabilities and remaining equity in the business.
Trial Balance
The trial balance report displays your category balances for any given date range. This will be useful for your accountants, as it will help them complete your end of year accounts and tax return.
Cash Flow
This report provides a detailed overview of the money coming in and out of your accounts.
Our cash flow projection report, enabling you to set future cash flow goals and view trends in your cash flow, leading to better, more informed business decisions.
Receivables
This report gives a breakdown of the amounts customers owe to you. This can be broken down by invoice and amount of time overdue.
Payables
The payables report is similar to receivables but instead displays the amounts you owe to your suppliers.
VAT Returns
This quarterly report will calculate the amount of VAT owed to HMRC, or owed to you from HMRC. From this report, you will also be able to submit your VAT returns directly from Quant.
EC Sales Lists
This quarterly report will calculate your EC sales list from all the invoices you have raised for your zero-rated EU customers. From this report you can also submit your EC sales list directly to HMRC.