Puzzle gives you real-time access to the three core financial statements every business needs:
Balance Sheet
Profit & Loss (P&L) Statement
Cash Activity Report
Each report provides a different view of your company’s financial health. You can easily toggle between cash and accrual accounting using Puzzle’s dual general ledger — no need for separate setups.
💵 Cash Activity Report: Where Did the Money Go?
What it shows:
This is a real-time, intuitive view of how cash flows in and out of your business. It’s Puzzle’s modern take on the traditional cash flow statement — easier to read and more actionable.
Key components:
Cash In – customer payments, loans, refunds
Cash Out – payroll, subscriptions, vendor payments
Net Change – increase or decrease in bank balance
Why it matters:
Manage cash flow and runway
Understand payment timing
Ideal for early-stage companies and operators
🧾 Balance Sheet: What You Own and Owe
What it shows:
The Balance Sheet is a snapshot of your company’s financial position at a specific point in time. It answers the question: “What do we own, what do we owe, and what’s left over?”
Key components:
Assets – what your business owns (e.g. cash, receivables)
Liabilities – what your business owes (e.g. credit cards, loans)
Equity – owner investments and retained earnings
Why it matters:
Understand your net worth
Track solvency and leverage
Required for fundraising, audits, or loans
📈 Profit & Loss Statement: Are You Profitable?
What it shows:
Also called the Income Statement, the P&L shows your revenues, expenses, and profits (or losses) over a set period. It answers the question: “Are we making money?”
Key components:
Revenue
Cost of Goods Sold (COGS)
Operating Expenses
Net Income (Profit or Loss)
Why it matters:
Track how much money you’re making
Spot cost trends or revenue dips
Essential for taxes, budgeting, and growth tracking
🔁 Dual-Ledger: Cash vs. Accrual
Puzzle lets you view reports in either:
Cash Basis – income/expenses when money moves
Accrual Basis – income/expenses when earned or incurred
Switch seamlessly to get both:
Investor-ready accrual insights
Operational cash clarity
No need for separate systems or duplicated work.