# Tax Package

The Tax Package generates a single Excel file with everything your accountant or tax preparer needs to file your taxes - no manual exports, no assembling separate reports.

Go to **Accounting** → **Year-End Tax Package**.

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### What's included

The package is an Excel workbook with five tabs:

* **Cover Page** - your business name, accounting basis, date range, entity type, and notes sections for you and your tax preparer
* [**Profit & Loss**](/reports/profit-and-loss.md) - full-year income and expenses
* [**Balance Sheet**](/reports/balance-sheet.md) - year-end account balances
* **General Ledger** - transaction-level detail for every account
* **Trial Balance** - monthly account balances across the full year

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### Generate the package

1. Go to **Accounting** and select **Year-End Tax Package** from the reports list  
2. Select the tax year  
3. Click the row to download the `.xlsx` file

The package covers the full prior calendar year - for example, selecting "2025 Tax Package" produces reports for January 1 - December 31, 2025.

{% embed url="<https://www.loom.com/share/382a4357fa5744818c842ddd3d5a5377>" %}

{% hint style="info" %}
Use the Cover Page notes section to flag anything your accountant should know - unusual transactions, missing receipts, or questions you have. It keeps everything in one place instead of a separate email.
{% endhint %}

**What the downloaded file looks like:**

{% embed url="<https://www.loom.com/share/115b5ec6e19a4ccc8e029347ca16c71f>" %}

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### Before you download

For the Tax Package to be accurate, your books need to be in good shape:

* All [transactions](/common-workflows/transactions.md) for the year should be [categorized](/common-workflows/categorization.md)  
* [Transfers](/common-workflows/transfers.md) should be matched  
* Any questions from your accountant (via [Tasks](/working-with-your-team/tasks.md)) should be resolved

If you're not sure whether your books are ready, ask your accountant to review before generating the package.