Annual Reporting troubles

I want a report that shows me income and expenses for the year but not to include outstanding invoices - how can i get this?

Profit and loss reports are normally calculated on an accrual basis, what you’re looking for is a cash based report.

There isn’t a specific report to obtain this information but what you can do is compare all sales payments against all purchase payments.

  1. Go to Sales >> View Payments
  2. Open the Advanced Search box, set the period and submit search…
  3. You will see the total for the period in the top right.
  4. You can repeat this step for purchase payments Purchases >> View Payments.