# Types of Reports This page gives an overview of the standard financial and operational reports available in **CrewCost**. Understanding each report type helps you analyze performance, monitor cash flow, and make informed business decisions. {% hint style="info" %} If you want to create a new report using any of these report types, follow the steps [here](/documentation/reporting-and-resources/reports/create-new-reports.md). If you need to edit or delete an existing report, refer to the instructions on the[ **Edit a Report**](/documentation/reporting-and-resources/reports/edit-a-report.md) page. {% endhint %} #### **Accounts Payable Aging (AP Aging)** Shows all unpaid vendor bills, grouped by the length of time they have been outstanding.\ **Use it for:** Monitoring upcoming obligations, planning cash flow, and staying on top of overdue payments.

#### **Accounts Receivable Aging (AR Aging)** Displays outstanding customer invoices, organized by how long they have been due.\ **Use it for:** Identifying late payments, improving collection efforts, and managing incoming cash flow.

#### **Balance Sheet** Provides a snapshot of your company’s financial position at a specific point in time, including assets, liabilities, and equity.\ **Use it for:** Understanding overall financial health and assessing liquidity and sustainability.

#### **Balance Sheet Comparison** Compares balance sheet values from two different periods.\ **Use it for:** Tracking financial growth, analyzing changes in assets and liabilities, and identifying trends.

#### **General Ledger** Shows a detailed record of all accounts and their transactions for a selected period.\ **Use it for:** Auditing, reconciliation, and verifying the accuracy of accounting entries.

#### **Income Statement** Summarizes revenues, expenses, and profit or loss for a specific period.\ **Use it for:** Assessing whether the business is profitable and evaluating cost structure and performance.

#### **Income Statement by Month** Breaks down income and expenses month by month within a selected period.\ **Use it for:** Identifying seasonal patterns, tracking monthly performance trends, and monitoring budget alignment.

#### **Income Statement Comparison** Compares income statements across two different periods.\ **Use it for:** Evaluating growth, analyzing revenue and cost impacts over time, and identifying performance shifts.

#### **Journal Entry Report** Lists all manual journal entries created within a given period.\ **Use it for:** Reviewing adjustments, validating accounting corrections, and ensuring accuracy in financial reporting.

#### **Sales Tax Liability Report** Summarizes sales tax collected and the amount owed to tax authorities.\ **Use it for:** Staying compliant with tax regulations and preparing tax filings.

#### **Transaction Report** Displays all financial transactions recorded during a selected period.\ **Use it for:** Audits, reconciliations, and obtaining a full picture of cash movement.

#### **Trial Balance** Shows all account balances (debits and credits) at a specific point in time.\ **Use it for:** Ensuring the ledger is balanced, preparing financial statements, and detecting posting errors.

#### **Work In Progress (WIP) Report** Tracks financial progress for ongoing projects, showing cost accumulation, billable amounts, and estimated profitability.\ **Use it for:** Monitoring project health, preventing budget overruns, and forecasting earnings.

### **Why These Reports Are Important** These reports play a critical role in your financial visibility and operational control: * **Monitor financial health:** Reports allow you to evaluate profitability, expenses, and overall performance with accuracy. * **Improve cash flow management:** AR and AP reports help you identify outstanding payments and upcoming obligations. * **Support strategic decisions:** With updated financial and operational data, you can make informed decisions that impact growth and stability. * **Ensure compliance:** Reports like the Sales Tax Liability Report help maintain accurate tax records. * **Track project performance:** WIP reports show how projects are financially progressing before they are finished. Accurate reporting empowers your team to plan, optimize processes, and maintain long-term financial stability. ### See also To explore more topics on CrewCost, you can check: * [Setting Up Recurring Transactions](/documentation/accounting-transactions/set-up-recurring-transactions.md): Learn how to create and manage recurring transactions to automate repeated financial entries, save time, and ensure consistency in your accounting records. * [Bulk Data Import:](broken://pages/wTWF6fo7gBEO5t5UEU2U) Learn how to upload large volumes of financial or operational data at once, streamlining onboarding, reducing manual entry, and keeping your system accurate and up to date. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.crewcost.com/documentation/reporting-and-resources/reports/types-of-reports.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.