FINANCIAL REPORTS
Financial Reports are Automatically being Generated by this BestWiz4 Accounting Program
and Integrated Accounting System
and Integrated Accounting System
DAILY CASH REPORT
Is Automatically Generated Report where you can view the daily summary report of your Cash Receipts and amount deposited and un-deposited. Less, Cash Payments and you will know the Excess or Deficiency of Receipts. Take note that the Previous data should be encoded based on the previous DAY report to determine today’s data. Today’s data are your Receipts and Payments and Expenses for the day. Previous + Today = Updated. Cash Balance Beginning at the start of this Cash Program should be encoded on the Updated and Previous columns that will remain permanent until the end of the accounting period.
The Bank Reconciliation should be dated every end of the month and the data should be encoded based on Book records and Bank Statement. All other items are Book reconciling items.
The Bank Reconciliation should be dated every end of the month and the data should be encoded based on Book records and Bank Statement. All other items are Book reconciling items.
TRIAL BALANCE
Is Automatically Generated Report which you can view or print. This is where the Balance Sheet, Income Statement and Statement of Cash Flows gather all the information.
BALANCE SHEET
Is Automatically Generated Report where you can PRINT or view to know your Current Asset, Liabilities and Stockholder’s Equity.
INCOME STATEMENT and STATEMENT OF RETAINED EARNINGS
is Automatically Generated Report where you can view or print to know your Income, Expenses and Retained Earnings.
STATEMENT OF CASH FLOWS
Is Automatically Generated Report which you can PRINT or View your Business flow of cash.
TIP: To copy Reports or Journals contents without copying the formula links, highlight the desired area to be copied, right click and click copy, then close the file window. A dialogue box will appear asking if you want to “save content on the clipboard to paste it later” click Yes. Then, paste it to a new file and you will see that what was copied are the contents and not the formula links.
TIP: To copy Reports or Journals contents without copying the formula links, highlight the desired area to be copied, right click and click copy, then close the file window. A dialogue box will appear asking if you want to “save content on the clipboard to paste it later” click Yes. Then, paste it to a new file and you will see that what was copied are the contents and not the formula links.