The accounting functionality that Billingbooster has designed is catered to the exact needs of your business.
When running a business, you tend to create various accounts that can get changed for the activities taken up in the course of the business. These accounts can all be glanced at the same time on this setting and you can verify entries and balances in one swift movement.
You do not have to be an accounts major to be able to read the Profit & Loss statement that Billingbooster creates for your business. Simply put in the desired date range and you will be able to see the Profit & Loss for that time period. The profit / loss amount is reflected at the end of the page and gives you an overview of your business for any time frame.
Feel like you need to do some quick ratio analysis to understand the investment portfolio of your business? Then this is the perfect option. You can create a balance sheet from all the facts and figures that you regularly update for any date range and get going with the calculations right away. Understand the actual market position of your company but comparing this data with benchmarking indexes. This will give you a clear direction to steer the business in the future.
The functionality allows you to add any ledger entries that are outliers and not automatically processed by the system. It is a convenience option which allows your accounting to be fail proof and complete at all times.