The Summary tab offers a comprehensive glance at your company's financial standing and results. It serves as a dashboard, allowing you to quickly assess the current financial condition of your business.
This tab displays the balances of various accounts, providing an overview of your financial wellbeing. It includes details on assets, liabilities, equity, income, and expenses, all organized into distinct accounts or categories for straightforward navigation.
By default, the Summary tab shows balances for all entered transactions. This is appropriate if you're starting a new business on Manager.io. However, if you're migrating an existing business to Manager.io or have been using Manager.io for more than one accounting period, you may want to tailor your Summary screen to display balances for your current accounting period only.
To customize the Summary period and other parameters relevant to your business situation, click the Edit button at the top of the Summary tab.
For detailed instructions on editing the summary period and settings, see Editing the Summary Tab.
The layout of groups, accounts, and totals on the Summary tab can be adjusted through the Chart of Accounts. This feature helps you organize your financial information in a way that best suits your business operations.
To learn more about customizing your accounts layout, visit the Chart of Accounts guide.
While the Summary tab shows balances for all your balance sheet and profit and loss statement accounts, you can also view individual transactions that make up these balances. To do this, click the Transactions button located in the bottom-right corner of the Summary tab.
For more information on viewing and managing transactions, see the Transactions guide.
By utilizing the features of the Summary tab, you can maintain a clear and organized view of your business's financial status, ensuring you have the information needed for informed decision-making.