diff --git a/content/applications/finance/accounting/reporting.rst b/content/applications/finance/accounting/reporting.rst index 514f86671..400df4aec 100644 --- a/content/applications/finance/accounting/reporting.rst +++ b/content/applications/finance/accounting/reporting.rst @@ -4,157 +4,129 @@ Reporting ========= -Main reports available -====================== +Odoo includes **generic** and **dynamic** reports available for all countries, regardless of the +:doc:`localization package <../../finance/fiscal_localizations>` installed: -Besides the reports created specifically in each localisation module, a -few very useful **generic** and **dynamic reports** are available for all -countries : +- :ref:`accounting/reporting/balance-sheet` +- :ref:`accounting/reporting/profit-and-loss` +- :ref:`accounting/reporting/executive-summary` +- :ref:`accounting/reporting/general-ledger` +- :ref:`accounting/reporting/aged-receivable` +- :ref:`accounting/reporting/aged-payable` +- :ref:`accounting/reporting/cash-flow-statement` +- :ref:`accounting/reporting/tax-report` -- **Balance Sheet** -- **Profit and Loss** -- **Executive Summary** -- **General Ledger** -- **Aged Payable** -- **Aged Receivable** -- **Cash Flow Statement** -- **Tax Report** -- **Bank Reconciliation** +To expand the lines of a report and view its details, click the :icon:`fa-caret-right` +(:guilabel:`right arrow`) on the left. Then click the :icon:`fa-caret-down` (:guilabel:`down arrow`) +to the right of the account, journal entry, payment, invoice, etc. to :guilabel:`Annotate` and view +the details. -You can annotate every reports to print them and report to your adviser. -Export to xls to manage extra analysis. Drill down in the reports to see -more details (payments, invoices, journal items, etc.). +.. image:: reporting/reporting-annotate.png + :alt: Annotate reports. -You can also compare values with another period. Choose how many periods -you want to compare the chosen time period with. You can choose up to 12 -periods back from the date of the report if you don't want to use the -default **Previous 1 Period** option. +To export reports in PDF or XLSX format, click :guilabel:`PDF` or :guilabel:`XLSX` at the top of the +page. -.. _reporting/balance-sheet: +To compare values across periods, click the :guilabel:`Comparison` menu and select the periods you +want to compare. -Balance Sheet -------------- - -The **Balance Sheet** shows a snapshot of the assets, liabilities and equity -of your organisation as at a particular date. - -.. image:: reporting/main_reports09.png +.. image:: reporting/reporting-comparison.png + :alt: Comparison menu to compare time periods. .. _accounting/reporting/balance-sheet: +Balance Sheet +============= + +The :guilabel:`Balance Sheet` shows a snapshot of your organization's assets, liabilities, and +equity at a particular date. + +.. _accounting/reporting/profit-and-loss: + Profit and Loss ---------------- +=============== -The **Profit and Loss** report (or **Income Statement**) shows your -organisation's net income, by deducting expenses from revenue for the -report period. - -.. image:: reporting/main_reports10.png +The :guilabel:`Profit and Loss` report (or **Income Statement**) shows your company's net income by +deducting expenses from revenue for the reporting period. .. _accounting/reporting/executive-summary: Executive Summary ------------------ +================= -The **Executive Summary** allows for a quick look at all the important -figures you need to run your company. +The :guilabel:`Executive Summary` provides an overview of all the important figures for overseeing +your company's performance. -In very basic terms, this is what each of the items in this section is -reporting : +It includes the following items: -- **Performance:** - - **Gross profit margin:** - The contribution each individual sale made - by your business less any direct costs needed to make those sales - (things like labour, materials, etc). - - **Net profit margin:** - The contribution each individual sale made by - your business less any direct costs needed to make those sales, - as well as any fixed overheads your company has (things like - rent, electricity, taxes you need to pay as a result of those - sales). - - **Return on investment (p.a.):** - The ratio of net profit made, to the - amount of assets the company used to make those profits. -- **Position:** - - **Average debtor days:** - The average number of days it takes your - customers to pay you (fully), across all your customer invoices. - - **Average creditor days:** - The average number of days it takes you to - pay your suppliers (fully) across all your bills. - - **Short term cash forecast:** - How much cash is expected in or out of - your organisation in the next month i.e. balance of your **Sales - account** for the month less the balance of your **Purchases account** - for the month. - - **Current assets to liabilities:** - Also referred to as **current ratio**, this is the ratio - of current assets (assets that could be - turned into cash within a year) to the current liabilities - (liabilities which will be due in the next year). This is - typically used as as a measure of a company's ability to service - its debt. +- :guilabel:`Performance`: + - :guilabel:`Gross profit margin`: + The contribution of all sales your business makes **minus** any direct costs needed to + make those sales (labor, materials, etc.). + - :guilabel:`Net profit margin`: + The contribution of all sales made by your business **minus** any direct costs needed to + make those sales *and* fixed overheads your company has (electricity, rent, taxes + to be paid as a result of those sales, etc.). + - :guilabel:`Return on investment (per annum)`: + The ratio of the net profit to the amount of assets the company used to make those profits. +- :guilabel:`Position`: + - :guilabel:`Average debtors days`: + The average number of days it takes your customers to (fully) pay you across all your + customer invoices. + - :guilabel:`Average creditors days`: + The average number of days it takes you to (fully) pay your suppliers across all your bills. + - :guilabel:`Short-term cash forecast`: + How much cash is expected in or out of your business in the next month, i.e., the balance of + your **Sales account** for the month **minus** the balance of your **Purchases account** for + the month. + - :guilabel:`Current assets to liabilities`: + Also referred to as the **current ratio**, this is the ratio of current assets (:dfn:`assets + that could be turned into cash within a year`) to the current liabilities (:dfn:`liabilities + that will be due in the next year`). It is typically used to measure a company's ability to + service its debt. -.. image:: reporting/main_reports01.png +.. _accounting/reporting/general-ledger: General Ledger --------------- +============== -The **General Ledger Report** shows all transactions from all accounts for a -chosen date range. The initial summary report shows the totals for each -account and from there you can view a detailed transaction report or any -exceptions. This report is useful for checking every transaction that -occurred during a certain period of time. +The :guilabel:`General Ledger` report shows all transactions from all accounts for a selected date +range. The initial summary report shows the totals for each account. To expand an account and view +its details, click the :icon:`fa-caret-right` (:guilabel:`right arrow`) on the left. +This report is useful for reviewing each transaction that occurred during a specific period. -.. image:: reporting/main_reports05.png - -.. _reporting/aged-payable: - -Aged Payable ------------- - -Run the **Aged Payable Details** report to display information on individual -bills, credit notes and overpayments owed by you, and how long these -have gone unpaid. - -.. image:: reporting/main_reports02.png - -.. _reporting/aged-receivable: +.. _accounting/reporting/aged-receivable: Aged Receivable ---------------- +=============== -The **Aged Receivables** report shows the sales invoices that were awaiting -payment during a selected month and several months prior. +The :guilabel:`Aged Receivable` report shows the sales invoices awaiting payment during a selected +month and several months prior. -.. image:: reporting/main_reports07.png +.. _accounting/reporting/aged-payable: + +Aged Payable +============ + +The :guilabel:`Aged Payable` report displays information on individual bills, credit notes, and +overpayments you owe and how long these have gone unpaid. .. _accounting/reporting/cash-flow-statement: Cash Flow Statement -------------------- +=================== -The **Cash Flow Statement** shows how changes in balance sheet accounts and -income affect cash and cash equivalents, and breaks the analysis down to -operating, investing and financing activities. +The :guilabel:`Cash Flow Statement` shows how changes in balance sheet accounts and income affect +cash and cash equivalents and breaks the analysis down to operating, investing, and financing +activities. -.. image:: reporting/main_reports03.png - -.. _reporting/tax-report: +.. _accounting/reporting/tax-report: Tax Report ----------- +========== -This report allows you to see the **net** and **tax amounts** for all the taxes -grouped by type (sale/purchase). - -.. image:: reporting/main_reports04.png - -Bank Reconciliation -------------------- - -.. image:: reporting/main_reports06.png +The :guilabel:`Tax Report` shows the :guilabel:`NET` and :guilabel:`TAX` amounts for all the +taxes grouped by type (:guilabel:`Sales`/:guilabel:`Purchases`). .. toctree:: :titlesonly: diff --git a/content/applications/finance/accounting/reporting/main_reports01.png b/content/applications/finance/accounting/reporting/main_reports01.png deleted file mode 100644 index 7bae820bf..000000000 Binary files a/content/applications/finance/accounting/reporting/main_reports01.png and /dev/null differ diff --git a/content/applications/finance/accounting/reporting/main_reports02.png b/content/applications/finance/accounting/reporting/main_reports02.png deleted file mode 100644 index 591767c84..000000000 Binary files a/content/applications/finance/accounting/reporting/main_reports02.png and /dev/null differ diff --git a/content/applications/finance/accounting/reporting/main_reports03.png b/content/applications/finance/accounting/reporting/main_reports03.png deleted file mode 100644 index 8b7514fd8..000000000 Binary files a/content/applications/finance/accounting/reporting/main_reports03.png and /dev/null differ diff --git a/content/applications/finance/accounting/reporting/main_reports04.png b/content/applications/finance/accounting/reporting/main_reports04.png deleted file mode 100644 index f369767b5..000000000 Binary files a/content/applications/finance/accounting/reporting/main_reports04.png and /dev/null differ diff --git a/content/applications/finance/accounting/reporting/main_reports05.png b/content/applications/finance/accounting/reporting/main_reports05.png deleted file mode 100644 index 7d7406d13..000000000 Binary files a/content/applications/finance/accounting/reporting/main_reports05.png and /dev/null differ diff --git a/content/applications/finance/accounting/reporting/main_reports06.png b/content/applications/finance/accounting/reporting/main_reports06.png deleted file mode 100644 index a6632ab8b..000000000 Binary files a/content/applications/finance/accounting/reporting/main_reports06.png and /dev/null differ diff --git a/content/applications/finance/accounting/reporting/main_reports07.png b/content/applications/finance/accounting/reporting/main_reports07.png deleted file mode 100644 index 3e0af0d12..000000000 Binary files a/content/applications/finance/accounting/reporting/main_reports07.png and /dev/null differ diff --git a/content/applications/finance/accounting/reporting/main_reports09.png b/content/applications/finance/accounting/reporting/main_reports09.png deleted file mode 100644 index bce998c49..000000000 Binary files a/content/applications/finance/accounting/reporting/main_reports09.png and /dev/null differ diff --git a/content/applications/finance/accounting/reporting/main_reports10.png b/content/applications/finance/accounting/reporting/main_reports10.png deleted file mode 100644 index 41ae82760..000000000 Binary files a/content/applications/finance/accounting/reporting/main_reports10.png and /dev/null differ diff --git a/content/applications/finance/accounting/reporting/reporting-annotate.png b/content/applications/finance/accounting/reporting/reporting-annotate.png new file mode 100644 index 000000000..4288bc62d Binary files /dev/null and b/content/applications/finance/accounting/reporting/reporting-annotate.png differ diff --git a/content/applications/finance/accounting/reporting/reporting-comparison.png b/content/applications/finance/accounting/reporting/reporting-comparison.png new file mode 100644 index 000000000..f92b3bc7f Binary files /dev/null and b/content/applications/finance/accounting/reporting/reporting-comparison.png differ diff --git a/content/applications/finance/accounting/reporting/year_end.rst b/content/applications/finance/accounting/reporting/year_end.rst index c29362838..fa7d89f34 100644 --- a/content/applications/finance/accounting/reporting/year_end.rst +++ b/content/applications/finance/accounting/reporting/year_end.rst @@ -52,12 +52,14 @@ Closing a fiscal year Then, to close the fiscal year: -- Run a :ref:`tax report `, and verify that all tax information is correct. -- Reconcile all accounts on the :ref:`balance sheet `: +- Run a :ref:`tax report `, and verify that all tax information is + correct. +- Reconcile all accounts on the :ref:`balance sheet `: - Update the bank balances in Odoo according to the actual balances found on the bank statements. - Reconcile all transactions in the cash and bank accounts by running the :ref:`aged receivables - ` and :ref:`aged payables ` reports. + ` and :ref:`aged payables + ` reports. - Audit all accounts, being sure to fully understand all transactions and their nature, making sure to include loans and fixed assets. - Optionally, run :ref:`payments matching ` to validate any open vendor bills diff --git a/content/applications/finance/fiscal_localizations/canada.rst b/content/applications/finance/fiscal_localizations/canada.rst index 4801ae0ef..ef8111b29 100644 --- a/content/applications/finance/fiscal_localizations/canada.rst +++ b/content/applications/finance/fiscal_localizations/canada.rst @@ -215,9 +215,9 @@ Reports A number of :doc:`report selections <../accounting/reporting>` are readily available for the Canadian localization, under the :menuselection:`Accounting app --> Reporting` drop-down menu: -- :ref:`Balance Sheet `: a "snapshot" of a company's financial position at - a specific point in time, which contains an overview of a company's assets, liabilities, and - equity. +- :ref:`Balance Sheet `: a "snapshot" of a company's financial + position at a specific point in time, which contains an overview of a company's assets, + liabilities, and equity. Be sure to select the :menuselection:`Balance sheet (CA)` option from the :icon:`fa-book` :guilabel:`Report` filter. @@ -240,10 +240,10 @@ Canadian localization, under the :menuselection:`Accounting app --> Reporting` d - :ref:`Executive Summary `: an overview report that covers the key performance indicators of a company's financial position, such as revenue, profit, and debt. -- :ref:`Tax Report `: an official form filed for a tax authority that reports - income, expenses, and other pertinent tax information. Tax reports allow taxpayers to calculate - their tax liability, schedule tax payments, or request refunds for the overpayment of taxes. In - Odoo, the tax report can be made monthly, every two months, quarterly, every 4 months, +- :ref:`Tax Report `: an official form filed for a tax authority + that reports income, expenses, and other pertinent tax information. Tax reports allow taxpayers to + calculate their tax liability, schedule tax payments, or request refunds for the overpayment of + taxes. In Odoo, the tax report can be made monthly, every two months, quarterly, every 4 months, semi-annually, and annually. .. seealso:: diff --git a/content/applications/finance/fiscal_localizations/united_states.rst b/content/applications/finance/fiscal_localizations/united_states.rst index ccc0d8438..3ba1d1ca1 100644 --- a/content/applications/finance/fiscal_localizations/united_states.rst +++ b/content/applications/finance/fiscal_localizations/united_states.rst @@ -271,9 +271,9 @@ Reports A number of :doc:`report selections <../accounting/reporting>` are readily available for the US localization, under the :menuselection:`Accounting app --> Reporting` drop-down menu: -- :ref:`Balance Sheet `: a "snapshot" of a company's financial position at - a specific point in time, which contains an overview of a company's assets, liabilities, and - equity. +- :ref:`Balance Sheet `: a "snapshot" of a company's financial + position at a specific point in time, which contains an overview of a company's assets, + liabilities, and equity. - :ref:`Profit & Loss `: otherwise known as a *P&L statement* or *income statement*, provides a summary of a company's revenues, expenses, and profits/losses over a given period of time. @@ -282,10 +282,10 @@ localization, under the :menuselection:`Accounting app --> Reporting` drop-down - :ref:`Executive Summary `: an overview report that covers the key performance indicators of a company's financial position, such as revenue, profit, and debt. -- :ref:`Tax Report `: an official form filed for a tax authority that reports - income, expenses, and other pertinent tax information. Tax reports allow taxpayers to calculate - their tax liability, schedule tax payments, or request refunds for the overpayment of taxes. In - Odoo, the tax report can be made monthly, every two months, quarterly, every 4 months, +- :ref:`Tax Report `: an official form filed for a tax authority + that reports income, expenses, and other pertinent tax information. Tax reports allow taxpayers to + calculate their tax liability, schedule tax payments, or request refunds for the overpayment of + taxes. In Odoo, the tax report can be made monthly, every two months, quarterly, every 4 months, semi-annually, and annually. - :guilabel:`Check Register`: a report that displays cash transactions (regardless of the journal) with their running balance after the transaction. Only visible with the *US - Accounting Reports*