Financial Reports
The financial reports module gives you a comprehensive view of your business's financial health. Access the different reports from the Finance menu to make informed decisions based on real data.
Balance Sheet
Path: /finance/reports/balance
The balance sheet shows your company's financial position at a specific point in time, organizing information into three sections:
- Assets: What your company owns (bank accounts, inventory, receivables, fixed assets).
- Liabilities: What your company owes (suppliers, loans, taxes payable).
- Equity: Partner investment and accumulated earnings.
The fundamental accounting equation is automatically validated: Assets = Liabilities + Equity.
Tip
Select a specific fiscal period or a custom date range to generate the balance sheet at the cutoff you need.
Income Statement (P&L)
Path: /finance/reports/pnl
The income statement shows revenue and expenses for the selected period to determine net profit or loss:
| Section | Content |
|---|---|
| Revenue | Net sales, other income |
| Cost of goods sold | Direct cost of products sold |
| Gross profit | Revenue minus cost of goods sold |
| Operating expenses | Payroll, rent, utilities, marketing |
| Operating income | Gross profit minus operating expenses |
| Other income/expenses | Interest, commissions, financial charges |
| Net income | Final result for the period |
Cash Flow
Path: /finance/reports/cashflow
The cash flow report breaks down month by month all cash inflows and outflows, classified as:
- Operating activities: Customer collections, supplier payments, payroll.
- Investing activities: Purchase or sale of fixed assets, investments.
- Financing activities: Loans received, credit payments, capital contributions.
Projection
The cash flow report includes a trend line that projects available balance for upcoming months based on historical behavior.
Profitability
Path: /finance/reports/profitability
This report presents key financial performance indicators:
- Gross margin: Percentage of profit on sales before operating expenses.
- Operating margin: Operational efficiency of the business.
- Net margin: Final profitability after all expenses.
- ROE (Return on Equity): Return on partner investment.
- Break-even point: Minimum sales needed to cover costs.
Tip
Compare profitability across periods to identify trends. A declining margin may indicate that costs are growing faster than revenue.
Bank Reconciliation
Path: /finance/reports/reconciliation
Bank reconciliation compares transactions recorded in Fenicia against bank statements to identify differences:
- Reconciled transactions: Records that match between the system and the bank.
- Deposits in transit: Recorded in Fenicia but not yet reflected at the bank.
- Unrecorded charges: Present in the bank statement but without an entry in the system.
- Discrepancies: Amounts that do not match and require investigation.
Frequency
Perform bank reconciliation at least once a month, ideally before closing the fiscal period.
Report Export
All reports can be exported in the following formats:
- PDF — For presentations and physical filing.
- Excel — For additional analysis and customization.
- CSV — For importing into other accounting systems.
Related Articles
- Journal Entries — Reports are generated from approved journal entries.
- Chart of Accounts — The chart structure defines the organization of reports.
- Fiscal Periods — Scope reports to a specific accounting period.