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Financial Reports

Financial Reports

Owned by Van Ho (Deactivated)
Last updated: Dec 12, 2024 by Herman Wijoyo
 NOTE:

Note: The way that the values on a fixed form report appear vs the values on an analysis report for profit and loss etc.

The difference is due to the fact that profit is a credit on the general ledger.

So the analysis report shows profit results as a credit.

As a matter of convenience, the profit and loss form reports show the debit and credit figures reversed.  So that a positive profit shows as a positive number and a loss shows as a negative number.  Simply because most people find a positive profit number easier to understand even though profit is actually a negative number and a credit to the system itself.


  1. In the navigation panel, go to Reports then Form Reports.

  2. Type Balance Sheet in the search bar.

     Show me

  3. Select the Balance Sheet report

  4. In the Parameters tab, click Show Report Using Parameters. The Parameters window will display.

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  5. Enter the parameters values, being the financial year you request then click OK. The selected report displays in the Preview window.

    Report Parameter

    • F-004 Balance Sheet By Site report can only use : Balance Sheet By Site Reporting Parameter


    • .... 
  6. Check the report before you print, email or save the report.
  7. Repeat the procedure for the Profit And Loss report.
  8. Repeat the procedure for the General Ledger Trial Balance report.  Ensure that the Movement and Closing Balance on the GL Trial Balance is 0.00


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