Financial Report Template
A custom layout for Balance Sheet or Profit and Loss rows. No ledger effect.
In detail
A Financial Report Template defines your own row layout for the Balance Sheet or Profit and Loss: which accounts or account categories go on which line, the order, the subtotals and the labels. The standard statements follow the chart tree; a template lets you present the same balances in the order the IRD income tax return, a bank loan application or the board expects. It has no ledger effect; it reads the same GL Entries and rearranges them. One template can group all Finance Act fees on one line and show VAT separately. Build it once and the report is a filter choice from then on.
How to record it in BRAccount
- 01Go to Invoicing > Financial Report Template > New.
- 02Name it, pick the report type Profit and Loss or Balance Sheet, and the company.
- 03Add rows in order: a label, then the accounts or account categories it totals.
- 04Mark subtotal rows and the rows they sum.
- 05Save, then open the report under Financial Reports and choose the template in the filters.
When to use it
Create under Accounts > Financial Report Template.
Example from the demo books
A template grouping expenses the way the IRD income tax return expects.