BYTE · Reports Coming soon

Financial reports in BYTE: trial balance, balance sheet and profit and loss

Every report reads the same general ledger, so the trial balance, the balance sheet and the profit and loss agree. Read the profit and loss by branch, department, project or machine.

Last updated: 2 November 2026

Trial balanceAccountDebitCreditCash4,2000Receivables3,1500Expenses1,6500Sales07,000Payables02,000Trial balance balancedDebits equal creditsReportsBalance sheetReadyP and LBy dimension
Illustration of a trial balance: debits and credits for each account, with the two totals equal. BYTE is coming soon, so this is not a screenshot.

What it covers

  • Trial balance, with debits and credits for each account.
  • Balance sheet and general ledger.
  • Profit and loss by dimension: by branch, department, project or machine.
  • Dimension tags on journal lines, read by the reports.
  • Every document posts to the general ledger, so the reports need no reconciling between systems.

How it works

  1. Documents post to the general ledger as they are issued, received or paid.
  2. Run the trial balance. Debits and credits must agree.
  3. Open the balance sheet and the general ledger for the period you need.
  4. Read the profit and loss by branch, department, project or machine.

At a glance

Built means the feature is in BYTE's current build. BYTE is coming soon, so ask us for the status of anything you need.

AreaWhat BYTE doesStatus
Trial balanceDebits and credits for each account, from the general ledger.Built
Balance sheetAssets, liabilities and equity from the same ledger.Built
General ledgerEvery posted line, by account.Built
Profit and loss by dimensionRead by branch, department, project or machine.Built
Dimension tagsTags on journal lines, read by the reports and budgets.Built

Ask us before you decide

  • Ask for a profit and loss by machine or department for a sample month.
  • Ask us which statements you need, and confirm their format before you rely on them.
  • Ask which of these features are confirmed for your business before you decide.

Questions about reports in BYTE

Do the reports agree with each other?

Yes. Every report is read from the same general ledger.

Can I see profit by branch or department?

Yes. The profit and loss can be read by dimension, such as branch, department, project or machine.

Are documents posted to the ledger automatically?

Yes. Every document posts to the general ledger, so the reports read the same entries.

Can I open the general ledger?

Yes. The general ledger shows every posted line, by account.

Be first to try BYTE.

Send us a short note about your business and the modules you care about. We will tell you when early access opens.

Talk to us See all of BYTE