Reading the financial statements and the FS pack

The financial summary — your daily start screen

1. Open “Accounting”: the header shows the go-live date, lock date and last sync.

   

2. First row: cash in bank and cash box, due from clients (with average collection days), due to suppliers and VAT due.

3. Second row: revenue for the year, gross profit, net profit and current ratio — each KPI opens its report.

4. Handle every item under “Needs your attention” by clicking it (drafts, bank lines, a balance on 3999, imbalance).

Income statement

1. “Reports” → “Income statement” (year to date by default); set “From” and “To”.

   

2. For a specific project or activity choose the “Cost centre”.

3. Tick “Compare with the same period last year” for a comparative column and change %, then “Show”.

4. Click any account to open the ledger and reach the entries behind the figure, then “Print / PDF”.

Balance sheet

1. “Reports” → “Financial position (balance sheet)”, set “As at” and tick the comparison with last year end.

   

2. Confirm the “✓ Balanced” message under the table and the current ratio.

3. Check unusual items: a negative bank, a balance on 3999, clients with credit balances.

The financial statements pack

1. Open “Financial statements pack · FS pack”.

   

2. Choose the pack: “Monthly YTD” for the management meeting, or “Year-end (audit-ready)”, then the month and comparative year, and “Show”.

3. The “Automatic checklist” appears with each check and its evidence, plus “Key figures”: revenue, gross profit, net profit, assets, equity, cash.

4. Fix any ✗, then download “Letterhead PDF”, “Company paper” or “Excel”.