If you are diligent about recording expenses, raising invoices and filing payroll on time, end-of-year accounts can be surprisingly simple to do ...

How to Do a Year by Year Profit Graph in QuickBooks. Reports provide details about your company's financial, inventory and tax situation. If you need a yearly comparison to show profits, loss or ...

How to Prepare a Trading Account and Profit and Loss Account for the Year End. At the end of a period, accountants will perform closing entries.

You hire an accountant to do that. But while accountants can be useful confidantes and advisors, many of them just use QuickBooks to analyze your business finances.