Reports and statements
Dappr provides a range of reports and statements which are available for both display and export. Learn more about the most common reports here.
Income Statement
An income statement is a financial document that shows a company's financial performance over a certain period of time, usually a quarter or a year. It shows how much money the company made (revenue), how much it spent (expenses), and what its profits were (revenue minus expenses). This statement is also known as a profit and loss statement or P&L. It helps investors and analysts understand a company's financial health and performance.
Components
An income statement typically includes several key components, including:
Revenue: This is the money a company brings in from selling its products or services. It's typically listed at the top of the income statement and is the starting point for calculating the company's profits.
Cost of goods sold (COGS): This is the cost of the materials and labor used to produce the products or services that the company sells. It's subtracted from revenue to arrive at the company's gross profit.
Operating expenses: These are the ongoing expenses a company incurs in order to run its business, such as rent, salaries, and marketing costs. They are subtracted from gross profit to arrive at the company's operating income.
Other income or expenses: This category includes any other income or expenses that don't fit into the above categories, such as interest income or losses from investments.
Net income: This is the company's final profit for the period, calculated by subtracting all expenses from all revenue. It's typically listed at the bottom of the income statement.
Purpose
The Income statement is important to the investors, because it shows how profitable a company is. If a company's net income is consistently growing, it's a sign that the company is doing well. On the other hand, if a company's net income is consistently shrinking, it's a sign that the company may be struggling. Additionally, by comparing the income statement of a company over time and to that of its competitors, investors can get a sense of how well the company is performing relative to others in its industry.
Where to find it
With Dappr, you can view and export your income statement in just a few clicks. When the Accounting feature has been set up, you can navigate to your Income Statement by opening the Accounting page, clicking on the "Reports and statements" tab, and selecting the "Income Statement (P&L)" from the list of available reports.
Balance Sheet
A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time. It is one of the three main financial statements, along with the income statement and cash flow statement. The balance sheet is divided into two sections: (1) assets, and; (2) liabilities and equity.
Assets
The assets section lists all the resources a company owns and are either current assets or non-current assets. Current assets are those that can be converted into cash within a year, such as cash and cash equivalents, accounts receivable, and inventory. Non-current assets are long-term assets that cannot be converted into cash within a year, such as property, plant, and equipment, and intangible assets.
Liabilities and equity
The liabilities and equity section lists all the obligations a company owes, including both current and non-current liabilities. Current liabilities are obligations that need to be settled within a year, such as accounts payable and short-term debt. Non-current liabilities are long-term obligations, such as long-term debt and deferred taxes.
The equity section shows the net worth of the company, which is calculated as the difference between assets and liabilities. It includes common stock, retained earnings, and other equity accounts.
Purpose
The balance sheet is a useful tool for investors and analysts to evaluate a company's financial health. It can be used to determine the company's liquidity, which is its ability to meet its short-term obligations, and its solvency, which is its ability to meet its long-term obligations. Additionally, the balance sheet can be used to calculate various financial ratios, such as the debt-to-equity ratio, which can provide insights into the company's leverage and risk.
Overall, the balance sheet is a key document that provides a snapshot of a company's assets, liabilities, and equity, which can be used to evaluate the company's financial position, liquidity, solvency and potential risks.
Where to find it
With Dappr, you can view and export your balance sheet in just a few clicks. When the Accounting feature has been set up, you can navigate to your Balance Sheet by opening the Accounting page, clicking on the "Reports and statements" tab, and selecting the "Balance Sheet" from the list of available reports.
Cash Flow Statement
A cash flow statement is a report that shows the money coming in and going out of a company over a certain period of time, like a month or a year. It helps you understand how well the company is managing its money, where the money is coming from and where it's going. It's like a checkbook register for the company, showing inflow and outflow of cash. The statement is divided into three sections: cash flows from operating activities, cash flows from investing activities, and cash flows from financing activities.
Operating activities
The first section, cash flows from operating activities, shows the cash generated or used in the company's day-to-day operations. This includes cash received from customers, cash paid to suppliers, and cash paid to employees, among other things. This section also includes any non-cash transactions, such as depreciation, that affect cash flow.
Investing activities
The second section, cash flows from investing activities, shows the cash generated or used in the company's investments in long-term assets, such as property, equipment, or securities. This section also includes any proceeds from the sale of long-term assets.
Financing activities
The third section, cash flows from financing activities, shows the cash generated or used in the company's financing activities, such as issuing new debt or equity, repaying existing debt, or buying back shares.
Purpose
Cash flow statements are important for investors, as they provide insight into a company's liquidity, which is its ability to pay its bills and meet its financial obligations. It also helps to identify the source of cash, whether it is from operations, investments or financing activities.
Where to find it
With Dappr, you can view and export your cash flow statement in just a few clicks. When the Accounting feature has been set up, you can navigate to your Cash Flow Statement by opening the Accounting page, clicking on the "Reports and statements" tab, and selecting the "Cash Flow Statement" from the list of available reports.
Trial balance
A trial balance report is like a check-up for a company's financial records. It's a list of all the financial accounts and their balances, used to make sure that the money coming in and the money going out adds up correctly. This helps to find any mistakes in the company's financial records, such as wrong numbers or miscalculations. By doing a trial balance, an accountant can make sure the financial records are correct before preparing the final reports. This statement is usually prepared at the end of an accounting period to check for any errors before preparing the final financial statements.
Purpose
In addition to ensuring the accuracy of the financial records, the trial balance also provides useful information to management. By analyzing the trial balance, management can gain insight into the company's financial position and performance, which can be used to make informed decisions about the future direction of the company.
Overall, the statement of trial balance is a crucial step in the accounting process and is an important tool for ensuring the accuracy of financial records and for providing valuable information to management.
Where to find it
With Dappr, you can view and export your trial balances in just a few clicks. When the Accounting feature has been set up, you can navigate to your report by opening the Accounting page, clicking on the "Reports and statements" tab, and selecting the "Trial Balances" from the list of available reports.
General ledger
A general ledger is a record of a company's financial transactions. It includes accounts for assets, liabilities, equity, income, and expenses. Transactions are recorded in the general ledger in chronological order, and are used to prepare financial statements such as the balance sheet and income statement. The general ledger serves as a basis for the company's financial reporting and is used to ensure that the company's financial records are accurate and complete.
With Dappr, you can view and export your general ledger in just a few clicks. When the Accounting feature has been set up, you can navigate to your report by opening the Accounting page, clicking on the "Reports and statements" tab, and selecting the "General Ledger" from the list of available reports.
Last updated