How to read and generate your Reports and Insights

Tide Accounting's Reports and Insights help you to read and understand your finances at the click of a button.

This guide shows you how to:

🔗 Access Reports & Insights

🔗 Use Reports & Insights

🔗 Make the most out of Reports & Insights

Your Reports and Insights lets you

Money insights

Understand what's driving your costs: expenses, profit, and revenue

No-stress tax season

Use the data for your Self Assessment, Corporation Tax estimates, or VAT returns

Financial applications

Prepare all documents, when applying for external financing, in just a few clicks

View and generate your Reports

Your Profit and Loss

Otherwise known as your Income Statement, the Profit and Loss (P&L) report will help you understand your income and expenses. The P&L is essential if you're seeking funding or filing your end-of-year reports.

Tap Admin > Insights > Profit & Loss to view your report

Select the specific financial year or enter a custom date range

Choose if you'd like to download your report as PDF or CSV

Your Balance Sheet

This statement shows you everything that your business owns (assets) and everything that it owes (liabilities), to determine your company's net worth.

Tap Admin > Insights > Balance Sheet to view your report

Select the specific financial year or enter a custom date range

Choose if you'd like to download your report as PDF or CSV

Your Trial Balance

This report shows the closing balances of all your accounts, and is useful for your Accountant to quickly spot if your debit and credit numbers don't match in the general ledger.

Tap Admin > Insights > Trial Balance to view your report

Select the specific financial year or enter a custom date range

Choose if you'd like to download your report as PDF or CSV

See how money moves through your business

View your Net profit, Revenue, and Expenses in the last 6 months:

Tap Tap Admin > Insights

Tap View details

Tap on a specific month to see how it compares to last month and the same time last year, as well as a breakdown of your transactions

Best practice to keep your Reports & Insights accurate

Double-check to see that all your transactions are labeled correctly. Learn how to add your missing categories

Match your invoices and payments to ensure you don't duplicate costs. Check out how to keep your account in order and automatically match your invoices

Complete all your bookkeeping tasks, so your Bookkeeping Score is 100%

Ensure you've connected all of your relevant Tide accounts, and accounts from other providers, to the accounting add-on you use. Learn how to connect to Xero or other providers (ie. Sage, FreeAgent, Coconut, CashFlow, QuickBooks, Crush, ClearBooks or Reckon)