# Financial Statements

Financial statements help us to track the financial health of our organisation. The financial statements offered by FreeSpace are:

[<b>Balance Sheet Advanced</b>](accounts/reports/balance-sheet-advanced.md "Balance sheet advanced in freespace"): Advanced balance sheet with opening and closing balances and drill-down.

[<b>Balance Sheet</b>](accounts/reports/balance-sheet.md "view balance sheet in freespace"): Gives summary about a company’s assets,  liabilities and stakeholders’ equity at a specific point in time.

[<b>Cash Flow Statement</b>](accounts/reports/cash-flow-statement.md "view cash flow statement in freespace"):  Shows the amount of cash and cash equivalents entering and leaving our company.  

[<b>Income Statement</b>](accounts/reports/income-statement.md "view income statement in freespace") :shows the details of all our income and expenditures. We understand if our company is in profit or loss from this report.


 # Video
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<h2 id="faq">FAQ</h2>
<b>Which reports included?</b><br>
Trial Balance, Balance Sheet, Income Statement, Cash Flow hub links.

<b>Run order?</b><br>
Trial Balance first, then BS and P&amp;L, then cash flow.

<b>After closing entry?</b><br>
Run after <a href="#/accounts/closing-entries">Closing Entries</a> for clean P&amp;L.

<b>Branch consolidation?</b><br>
Set branch filter consistently across statements.

<b>Auditor pack?</b><br>
Export all four for the same period-end date.