Books and accounting
Financial statements
The Profit & Loss and the Balance Sheet read straight from posted entries, print and export to CSV, and are completed by a guided opening-balances entry.
Who: Owner, Manager, AccountingPlan: All plans
Last updated
Books → Profit & Loss shows income, cost of goods sold, gross profit, expenses, and net income over the date range you pick, straight from posted journals. Books → Balance Sheet shows assets, liabilities, and equity as of the end of the picked range; retained earnings is computed from all posted activity through that date, never stored, so the sheet always balances. Both pages print (chrome-free, honesty header included) and export CSV.
Two things make the statements honest rather than optimistic:
- Expenses appear when you record them. On plans below Pro nothing records rent, payroll, or utilities, so the P&L overstates profit; the page says so.
- Opening balances complete the balance sheet. Until you enter what the dealership held and owed on day one, the sheet reflects only activity posted in AutoDealer. The balance sheet links to a guided opening-balances journal entry (Books → New entry) that prefills the usual shape: bank balance, vehicles at cost, notes outstanding, loans, and the equity amount that makes it balance. Date it the day before your first activity here. If you migrated from QuickBooks and that file already holds these balances, do not import or push the opening entry into it, or every amount double-counts there.