20 September 2026
Profit & Loss shows whether you made money over a period — income minus expenses. Watch your biggest costs and your net margin.
The Balance Sheet is a snapshot of what you own and owe on a date. Assets must equal Liabilities plus Equity; if it doesn't balance, something is miscounted.
Cash-flow shows where cash actually moved — operating, investing and financing — because profit on paper isn't the same as money in the bank.
The Trial Balance checks your books are internally consistent (total debits = total credits). Outstanding/ageing shows who owes you and for how long, so you can chase the oldest first.
AKXI Books produces all five automatically from your entries, with one-click export to Excel and PDF, plus business analytics and key ratios on top.