Ask Lou

Account notes Lou understands

Notes on an account or period give Lou the story behind your numbers, everywhere you ask.

Trial BalanceACCOUNTNOV 2025DEC 20251000 · Cash388,150412,3001200 · Accounts Receivable902,100865,4001400 · Inventory515,600538,2002100 · Accounts Payable(431,200)(402,800)2600 · Notes Payable(1,145,000)(1,120,000)2600 — Notes PayableDecember 2025Refinanced in November at 7.25%.Principal is $25,000 a month.CancelSaveAsk LouWhy did notes payabledrop in December?It fell $25,000, yourscheduled monthlyprincipal payment.Your note says the loanwas refinanced inNovember at 7.25%.Using your note on 2600Also feeds your presentations

Add a note

Notes live on the Trial Balance page. Add one to an account (for example, "Includes the one-time equipment insurance payout") or to a whole period. You can edit them whenever you like.

Lou reads them everywhere

Lou sees your notes from every page, not just the Trial Balance. Ask about a jump in an expense on the income statement, and if there's a note explaining it, his answer includes it. Your presentations can carry the same story.

Asking Lou to write one

You can also ask Lou to add a note for you. He'll confirm the wording before he saves it.