Financial statements that stay continuously updated and ready for review.
Live P&L, Balance Sheet, and Cash Flow Statement. Cash or accrual. Consolidated across entities. CPA-ready PDFs in one click for review.
FinXteam prepares review-ready outputs — it does not replace a licensed CPA. You or your invited CPA approve all final books, filings, and decisions.
Unlocked on
Starter plan
Proof point
0 min / between transaction and refreshed P&L
P&L · Q2 2026
Accrual basis
The problem
Your accountant asks for a P&L; you spend the afternoon in spreadsheets. The numbers are stale before you finish.
Your accountant emails you in March: "Can you send me the P&L for last year?" You open the spreadsheet you've been maintaining — or worse, the QuickBooks file you haven't touched since November — and realize half the entries are wrong, the categorization is inconsistent, and the cash-vs-accrual question hasn't been answered consistently.
You spend the afternoon cleaning. Maybe two afternoons. You send the file. Your accountant emails back: "There are some adjusting entries we need to discuss." You schedule a call. The call is $300/hr. By the end of it, you have a P&L that looks nothing like the one you sent.
This is universal. Investor updates, loan applications, due diligence — every external financial conversation starts with "let me clean this up first." Months of operating data get squashed into a snapshot that's already stale by the time it lands.
How P&L solves it
The P&L Agent rebuilds your statements every time a transaction lands. Toggle cash ↔ accrual. Drill into any line. Export tax-ready PDFs to your CPA.
The P&L Agent rebuilds your statements every time a transaction lands. Every chart, every line, every drill-down reflects the books as of right now. No "rebuild" button, no nightly batch — the next time you load the page, the next transaction is already in there.
Toggle cash ↔ accrual at the top of the page. The agent rebuilds for the new basis instantly, with the timing entries (accruals, prepaids, deferred revenue) auto-applied for accrual mode. Drill into any line to see the underlying transactions.
Export a CPA-ready PDF with one click — bound, paginated, with notes. Or schedule weekly / monthly email exports for investors, lenders, or your accountant. Multi-entity owners get consolidated statements with intercompany elimination and FX translation already done.
What this agent ships
- P&L, Balance Sheet, Cash Flow — live, every day
- Cash ↔ Accrual basis toggle
- Consolidated statements across entities (with FX + intercompany elimination)
- Scheduled email exports (weekly / monthly)
- CPA-ready PDF with one-click share
Behind the scenes
The shipped tools powering P&L
Every capability below maps to working code in FinXteam AI's API. We don't ship vapor — if it's listed, it's live.
Live P&L
Rebuilt every transaction; no batch, no stale snapshots.
Balance Sheet + Cash Flow
Three core statements, kept in lockstep with each other.
Cash ↔ Accrual basis toggle
Switch view; agent recomputes with timing entries applied.
Drill-down to source
Click any P&L line → see every contributing transaction.
Consolidated statements
Multi-entity roll-up with intercompany elimination + FX translation.
Scheduled email exports
Weekly / monthly PDFs to your CPA, investors, or board.
Ask FinXteam AI
Try saying something like this
P&L answers natural-language questions about your books. No SQL, no menus to hunt through.
“Show me the P&L for Q2 on accrual basis.”
“Compare gross margin trend across the last 12 months.”
“Email a consolidated P&L for all entities to my CPA.”
“Why did COGS jump 18% in May?”
Inputs → Outputs
What goes in. What comes out.
Data inputs
- General Ledger (categorized by Bookkeeping Agent)
- Accruals, prepaids, deferred revenue schedules
- Multi-entity ownership graph
- FX rates (for consolidated reporting)
What it produces
- Live P&L (cash + accrual basis)
- Balance Sheet snapshot
- Cash Flow Statement
- CPA-ready PDF export bundle
Pairs well with
P&L doesn't work alone
These agents hand off to each other. Their data flows continuously across the eight specialists.
Accounting
Accruals, prepaids, depreciation, close — without the GAAP migraine.
AI-proposed accruals with paired reversals. Prepaid amortization. Fixed asset depreciation. 1-click month-end and year-end close.
- AI-proposed accruals (with paired reversals)
- Prepaid amortization calendar
- Deferred revenue recognition schedules
Revenue & Forecasting
See what's coming — cash, revenue, runway.
Cash flow forecast that reads your upcoming bills. Per-stream revenue analytics. Runway projection. Variance vs. budget. Forecasts are estimates, not guarantees.
- 30-day cash flow forecast (reads upcoming bills automatically)
- Runway projection — months at current burn
- Per-stream revenue analytics (subscriptions, one-time, MRR)
Put p&l on autopilot.
Connect your bank in two minutes. P&L starts working immediately — and the other seven agents come along for the ride.