What reports do I need to file my taxes?

If you use the accrual inventory method (not sure which accounting method you use? Click here)

You'll run two reports: the "Profit/Loss Statement" and the "Inventory Report". For both, go to "Reseller Reports" in the MRG menu:

1. Set the "Report Type" to "Profit/Loss Statement" for the Entire Year of 2022, click "Run Report" and click off the "Toggle Est Tax" option so it looks like the picture below:
2. Set the  "Report Type" to "Inventory Report" for 2022, and click "Run Report" 

If you use the cash inventory method (not sure which accounting method you use? Click here)

You'll run one report: the "Profit/Loss Statement". To run this report, go to "Reseller Reports" in the MRG menu:

1. Set the "Report Type" to "Profit/Loss Statement" for the Entire Year of 2022, click "Run Report" and click off the "Toggle Est Tax" option so it looks like the picture below:

If you're familiar with tax forms and are filing by yourself as a sole proprietorship, you can also use the "Schedule C Generator".

Run this report by clicking Reseller Reports > Schedule C Generator. When you first run this report, you'll be prompted to map expense accounts to lines on the schedule C. You can reference the instructions for the schedule C to help you do this -- if you're not comfortable doing this on your own, we recommend instead following the instructions above and providing the information to your accountant.