When it comes to your balance sheet vs income statement, they are not the same. There is a difference. While both will give you some insight into your business's finances, each one has different variables. And a smart financial manager will take a look at both of them.
There is a substantive difference between financial reports and management reports yet plenty of people confuse these.
QuickBooks isn’t the latest and greatest accounting software yet it is certainly useful. Countless businesses use.