 investment activities are are involved with typically financing activities financing the business the financing the business happens through the owner financing it and through the loans so equity section and loans and then the total cash flow the end of the total cash flow should tie out to the balance sheet so cash and cash equivalents at the beginning cash and cash equivalents at the end 57 790 60 and that should be the the checking account so I think it might be the 6407 5.98 minus the the credit card 900 minus the 900.95 statement of cash flows no that's not it why see we have a PayPal account in here that's a liability let's try it again so it's the 6407 5.98 minus this overdrawn PayPal account minus the 6285.3857790 so 57790 okay that's how it ties in all right let's see what other reports we have we could talk about the statement of cash flows all day so statement of owner's equity could break out more detail on the balance sheet if you need more detail there which you met you might depending on how complex of owner's equity you have then you've got your payables and receivables now remember that most of these reports are going to give you more information about one or multiple line items on the balance sheet or the income statement so it can be a little bit overwhelming to look at these reports but just remember that there's just usually going to give you just more information about the primary reports also just note that the balancing of the income statement also through the edit layout tab gives you a lot of capacity to do comparative reports comparing like one period to another period subtracting the two periods you can compare quarter to quarter current year to the prior year and that kind of stuff so you've got the aged payables these will give you more information about the about the liability of accounts payable showing who you owe the money to and then you've got the aged receivables which show you who owes you money and how overdue the receivables are income and expense by by contact these reports gives you more information about your profit and loss and this is why in particular with the income side of things we don't usually break out the income by who we got the money from we did this time because we had gig work and it's a little bit different but usually you don't want to have all your customers broken out on the income statement one reason is because it'll be too long another reason is because you can get that information with other reports like for example possibly this income and expense report and similar on the expense side that's also why we'll keep it at that so payable invoice detail that gives more information about the accounts receivable because or the accounts payable the payable invoice summary the receivable invoice detail so these are given more information about the accounts receivable and accounts payable accounts you would only have if you're deviating from a cash based system because of the industry that you're in the reconciliation reports primarily the primary one being the bank reconciliation that we take a look at when we constructed on the bank reconciliation noting that these reports are a little bit different than the other reports in that their internal control type of reports and zero the way zero puts them in here we're kind of building these even as we do the data input as well it's built a little bit differently than other software like QuickBooks online but even still this is it's a bit different of a report because you're really showing the reconciliation tying out to an external place which is the bank now again in our case we were constructing our books from the bank but I won't get into that in detail 1099 reports are our reporting reports in the United States that you would need to to track for reporting purposes on who you paid money to to like contractors not employees but contractors not generally corporations but sole proprietor contractors and small businesses foreign currency gains and losses if applicable general ledger detail this report gives you kind of like the the transaction detail report it's the GL by the activity reports general ledger exceptions general ledger summary the journal report this gives you a report on like debits and credits to record the double entry accounting transactions could be a good report to kind of study on if you want to shore up your understanding of debits and credit sales tax reports can be useful of course when you're trying to track your sales tax noting that sales tax is another one of those areas that kind of throw a wrench in or complicate the process of trying to build your financial statements directly from the bank feeds tax reconciliation our trial balance great report having basically the balance sheet on top of the income statement that we've talked about on the end of many of our presentations as we've constructed this transaction account transactions you can look at your transaction report duplicate statement line inventory item details which of course are going to be important if you're tracking inventory in the system inventory being one of those items they could complicate creating your books directly from the bank feeds and the sales by item reports so there's a general outline of what we can construct or have constructed from primarily constructing our books using the bank feeds