Financial Reports

Financial Reports gives finance users access to core accounting statements and ledger summaries used for review, management reporting, audit, and period close.

Use this page when running a trial balance, balance sheet, income statement, cash flow statement, or related accounting report.

Where To Open It

Open Accounting -> Operations -> Financial Reports.

For broader report catalog features such as saved reports, schedules, snapshots, and report builder, use the Reporting module.

Workspace Reference

Workspace	How Users Reach It	What Users Usually Do There
Financial Reports	Accounting -> Operations -> Financial Reports	Run trial balance, balance sheet, income statement, cash flow, and related ledger summaries.
GL Journals	Accounting -> Operations -> GL Journals	Drill into journal activity behind balances.
Reporting	Reporting -> Reports or Reporting -> Report Catalog	Use broader report catalog, schedules, snapshots, and saved reporting features.
Fiscal Periods And Budgets	Administration -> Financial Setup	Confirm report period state, budget comparisons, and close readiness.

Available Financial Statements

Trial Balance

The trial balance lists accounts with opening balances, debit movement, credit movement, and closing balances for a selected period or date range.

Use it to confirm:

• total debits equal total credits
• account balances look reasonable
• unexpected accounts have not received postings
• period movements agree with supporting ledgers

Balance Sheet

The balance sheet shows financial position at a point in time.

It normally groups:

• assets
• liabilities
• equity

Assets should equal liabilities plus equity. Differences normally indicate setup, posting, or reporting-period issues that need review.

Income Statement

The income statement shows performance over a period.

It normally groups:

• income
• cost of sales where applicable
• operating expenses
• gains or losses
• net income or loss

For accrual products and workflows, income may be recognised before cash is received. Users should read the income statement together with receivables, arrears, collections, and cash-flow reports.

Cash Flow Statement

The cash flow statement explains cash movement over a period.

It normally groups movements into:

• operating activities
• investing activities
• financing activities

Use it when management needs to understand liquidity rather than only profit.

Running A Report

Typical report filters include:

Filter	Meaning
Report type	Trial balance, balance sheet, income statement, or cash flow.
Date or period	Reporting date, period, or date range.
Business unit	Single branch, service, or consolidated view where allowed.
Currency	Reporting or transaction currency where applicable.
Comparison	Prior period, prior year, or budget comparison where available.

After selecting filters, generate the report and review totals before exporting.

Drilldown

Where enabled, drilldown lets users open a summary amount and review the transactions behind it.

Use drilldown to answer:

• which journal entries make up this balance?
• which business unit posted the movement?
• which parties, products, tills, wallets, or accounts contributed?
• which posting dates or periods are involved?
• is the amount from manual journals or an operational workflow?

Exporting

Reports can usually be exported for review or sharing.

Common export formats include:

• PDF for board packs and formal review
• spreadsheet formats for analysis
• CSV for controlled downstream analysis

Export only after confirming filters and reporting period are correct.

Reviewing Results

Before relying on a financial report, check:

• the correct period or date range was selected
• the correct business unit or consolidated scope was selected
• period close status is understood
• major posting failures are resolved
• foreign-currency rates are current where applicable
• control accounts reconcile to detailed ledgers
• unusual movements have supporting drilldown

Common Issues

Issue	What To Check
Trial balance does not look right	Posting period, unposted batches, failed postings, or account setup.
Income appears before cash receipt	Product or workflow uses accrual accounting; review receivables and collections.
Balance sheet does not balance	Incomplete posting, reporting setup, or unresolved accounting exception.
Branch totals do not match consolidated total	Business unit scope, eliminations, and intercompany setup.
Report differs from exported file	Regenerate with the same filters and confirm export format.

Related Pages

• Reporting Overview
• Financial Statement Builder
• Account Balances
• Month-End Close