Reports & Tax
Tax time, handled
For self-employed, freelance, or side business owners, OpenLedger generates Schedule C reports automatically from your categorized transactions. Categories map to specific Schedule C lines — Advertising, Car & Truck, Legal & Professional, Office Expense, and more.
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How it works
Get started in three simple steps.
1
Categorize your transactions throughout the year — AI handles most of it
2
Run reports at any time — monthly, quarterly, or yearly
3
Export Schedule C data as CSV for your accountant at tax time
Key capabilities
Schedule C report with automatic tax line mapping
Part I: Income (gross receipts, sales, other income)
Part II: Expenses grouped by Schedule C line
Net Profit/Loss calculation
Spending by category reports with date range filtering
Income vs. expenses tracking
Net worth tracking across all 28 account types
Balance sheet report
Loan, credit card, and asset summaries
Export to CSV for accountant
Try Reports & Tax today
Download OpenLedger for free and start using Reports & Tax right away.