Brooke: We tried to group together all of the most important reports that a small business owner would need. Now there're so many different reasons you might need to generate a report. It could be because it's the end of year. At tax time your accountant needs all of your data and you can easily send it over in this method. You also, perhaps, might need to go to the bank for a loan. This is a great way for you to actually portray how your business functions on a daily basis. You can print out a report and really it's an awesome way to get a loan or get some lending or anything like that. And if you're a successful, profitable business, this is of course just something that you need on a regular basis. I will show you one of the reports here which is our income statement.
Brooke: This is basically a P&L statement or Prompt and Law statements which is very useful to a business. You can set the date ranges at the top of this report and you can also export it into excel, CSV or PDF format. I don't have very much data in this account right now but I will show you that you can drill down into any of the items on the report.
Brooke: I'm going to click on this sales piece. It takes me to my account transaction's report and shows me the actual invoice that was attached to that transaction. So I can click on the invoice and I can edit any details at that time or just take a look and of course, Wave is back button friendly so it's very easy to go back. You won't lose any data. Nothing will get deleted. It's just a super easy Cloud based tool to navigate or launch.
Jimmy: And one of these reports is this something that we could instantly push out to an external accountant?
Brooke: Definitely. A lot of our accountants that work with Wave, you can actually export the report into any format that you need and then the accountant is for you to manipulate it if they need to add a column or if they need to pull a specific number. It's really easy to work with all the reports in any way that you need.