Statutory reporting

These reports, while generally available, may not be applicable in all countries.

This list shows the different Statutory reports which are available:

• Accounts Receivable Tax Report

  Requirement for tax authorities to require periodic submission of invoice details for Accounts Receivable

• Accounts Payable Tax Report

  Requirement for tax authorities to require periodic submission of invoice details for Accounts Payable

• Journal Report

  Detailed account that records all financial transactions of a business and lists journals in a given time period, both for day-to-day accounting and also for audit control purposes

• Trial Balance Report

  A list of closing balances of ledger accounts on a certain date and is the first step towards the preparation of financial statements

• GL Transaction Report

  A summary or detailed view of transactions for specific accounts, which shows the opening balance, ending balance, and all the transactions for the period organized by account

• Tax Delivery Confirmation

  An additional confirmation that is required typically for VAT-free deliveries as proof that goods have been received

• Advance Invoice

  Payment made in advance by a customer before commencing work on a customer order, which is made through the issue of a proforma invoice for all or part of the sum due and done before issuing the goods or performing a service

• Inventory Quantity and Value Balances Report

  A report that shows quantity on hand and stock cost for inventory items for a specific date

• Inventory Turnover Report

  A report that shows Inventory transactions for a period or range of dates. This is to facilitate reconciliation between Inventory and the General Ledger, for audit purposes and good business practice.

• Accounts Payable Trial Balance Report

  A trial balance report over Accounts Payable balances with this information: opening balance, period balance, period movements and closing balance per debit and credit

• Accounts Receivable Trial Balance Report

  A trial balance report over Accounts Receivable balances with this information: opening balance, period balance, period movements and closing balance per debit and credit