Financial Statements
Multi-company | Multi-branch | Multi-currency ready
Quick Entry

Financial Statements

Complete finance report pack for statements, ledgers, AR, AP, cash, tax, and management review.

Reports Excel PDF
Revenue MTD
PHP 845,230.00
Net Income
PHP 462,820.00
Cash Balance
PHP 1,268,500.00
Working Capital
PHP 64,450.00

Income Statement

May 2026 · PHP
Draft
Line Item Amount
Service Revenue
Revenue from billing invoices, SOA, debit notes, and service charges.
845,230.00
Cost of Services
Shipment-linked vendor bills, handling, brokerage, trucking, and direct costs.
(240,300.00)
Gross Profit
Revenue less direct shipment costs.
604,930.00
Operating Expenses
Salaries, rent, bank charges, utilities, and admin expenses.
(142,110.00)
Net Income Before Tax
Operating result before income tax provision.
462,820.00

Balance Sheet

May 2026 · PHP
Draft
Line Item Amount
Cash and Bank
PHP and USD bank balances converted to reporting currency.
1,268,500.00
Accounts Receivable
Open customer invoices and SOA balances.
238,700.00
Accounts Payable
Open vendor bills and approved unpaid payables.
(174,250.00)
VAT Payable
Output VAT less input VAT.
(25,932.00)
Owner Equity and Retained Earnings
Capital accounts and retained earnings.
(1,307,018.00)

Cash Flow Statement

May 2026 · PHP
Draft
Line Item Amount
Collections from Customers
Official receipts, acknowledgement receipts, bank deposits, and online transfers.
328,900.00
Payments to Suppliers
Checks, bank transfers, online payments, and AP payment runs.
(174,250.00)
Tax Payments
VAT and withholding remittances.
(25,932.00)
Owner Contributions
Financing cash movements.
250,000.00
Ending Cash Balance
Cash and bank ending balance.
1,268,500.00

Required Finance Reports

Reports needed for accounting close, management review, tax compliance, and audit support.
25 reports

Core Financial Statements

Report Purpose Frequency Open
Balance Sheet Assets, liabilities, equity, AR, AP, bank, VAT, and retained earnings. Monthly
Income Statement Revenue, direct costs, gross profit, operating expenses, and net income. Monthly
Profit and Loss Management P&L with branch, client, shipment, and cost center filters. Monthly
Cash Flow Statement Operating, investing, financing, and ending cash movement. Monthly
Statement of Changes in Equity Capital movements, drawings, dividends, and retained earnings. Monthly

General Ledger and Audit

Report Purpose Frequency Open
Trial Balance Debit and credit balances before generating financial statements. Monthly
General Ledger Account-level ledger with source document, job ID, and posting reference. Daily
Journal Entry Register Posted and draft journal entries with shipment job ID and approval status. Daily
Audit Trail Changes to finance records, layouts, approvals, exports, and posting entries. As needed

Receivables and Billing

Report Purpose Frequency Open
AR Aging Current, 30, 60, 90+ balances by client, invoice, job, and currency. Daily
Customer Statement Open invoices, SOA, payments, reimbursables, and customer balances. Weekly
Sales Register Billing invoices, SOA A/B, debit notes, VAT class, and customer/job details. Monthly
Collection Report OR/AR receipts, payment applications, bank deposit, and withholding deductions. Daily

Payables and Cash

Report Purpose Frequency Open
AP Aging Vendor bills by due date, bucket, currency, approval, and payment status. Weekly
Disbursement Report Checks, vouchers, bank transfers, online payments, and payment approvals. Daily
Cashbook Cash and bank deposits, withdrawals, transfers, and reconciliation status. Daily
Bank Reconciliation Book balance versus bank balance with outstanding checks and deposits. Monthly

Tax and Compliance

Report Purpose Frequency Open
VAT Summary Output VAT, input VAT, VAT payable, zero-rated, and exempt sales. Monthly
Withholding Tax Report EWT/CWT computation by document, vendor, client, and tax rate. Monthly
Sales and Purchases Schedule VAT filing support for taxable, exempt, and zero-rated transactions. Monthly
BIR Compliance Audit Trail Tax source documents, adjustments, approvals, and filing history. As needed

Management Reports

Report Purpose Frequency Open
Shipment Profitability Revenue, direct costs, reimbursables, margin, and profit by job. Weekly
Client Profitability Revenue and margin by customer, branch, route, and service item. Monthly
Cost Center Report Income and expenses by branch, department, and operation cost center. Monthly
FX Gain/Loss Report USD/PHP realized and unrealized gains and losses. Monthly