Monthly & Quarterly Financial Statements
Generate management accounts and CA-style review statements from the Accounting Data Entry Register. Select a month or quarter to prepare Trial Balance, Profit & Loss / Income Statement, Balance Sheet and review exceptions.
1. Reporting Period
2. Opening Balance / Adjustment Register
For a proper Balance Sheet, enter opening/adjustment balances that are not present in the current voucher register. These remain local until a database is connected.
| Ledger | Group | Debit | Credit |
|---|
3. Monthly Income Statement / Profit & Loss
4. Monthly / Quarterly Balance Sheet
Assets
Liabilities & Equity
5. Trial Balance
| Ledger | Group | Debit Balance | Credit Balance |
|---|---|---|---|
| Total | |||
6. CA Review Checklist & Exceptions
7. Suggested Quarterly Review Pack
Financial Statements
- Quarterly Trial Balance
- Quarterly P&L
- Quarter-end Balance Sheet
- Comparative monthly P&L
Reconciliations
- Bank reconciliation
- Debtors / creditors ageing
- GST 2B / books reconciliation
- TDS payable / challan reconciliation
CA Review Areas
- Unusual / negative balances
- Loans / interest
- Fixed assets / depreciation
- Outstanding / prepaid / provisions
- Statutory dues
- Closing stock and year-end entries