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Module · Finance

Easy Financial Reporting Systems

Easy Financial Reporting Systems brings every transaction into finance: chart of accounts, journals, ledgers, payments, statutory reports, audit logs and a daily P&L you can drill into.

Daily P&LAudit logsMulti-year data
Easy Financial Reporting Systems
Daily P&LEvery day
Drill downChannel, entity, SKU
Audit logsMulti-year data
StatutoryReports and functions

Easy Financial Reporting Systems brings every transaction from every module into finance, and shows the profit every day.

On this page
Overview

OverviewFrom transaction to daily P&L

From transaction to daily P&L
From transaction to daily P&L

Procurement, sales, stores, payroll and expenses post into the chart of accounts through journal entries; ledgers and the daily P&L follow.

The Financial Reporting System is included as standard.

Functions on this topic
  • Journal entry; accounting integration for all transactions
  • Financial Reporting System, included as standard
Daily

DailyKey daily KPIs and the P&L dashboard

Each day shows total revenue, COGS, gross profit, OPEX, net profit or loss, gross and net margin and cash received. The daily P&L dashboard charts revenue against COGS and net profit for 7 or 30 days, with sparklines and a date range selector.

Filters cover date, branch, region or company entity, channel, product category or SKU and currency, with refresh, PDF export and scheduled email. See Financial P/L Daily.

Who uses it
CFOMD
Functions on this topic
  • Key daily KPIs: Total revenue, COGS, gross profit, OPEX, net profit / loss, gross margin %, net margin %, cash received
  • Daily P&L dashboard: Revenue vs COGS vs net profit (7 / 30 days); sparklines; date range selector
  • P&L filters and actions: Date; branch / region / company entity; channel; product category / SKU; currency; refresh, export PDF, schedule email
P&L summary chart
P&L summary chart
P&L chart
P&L chart

DailyChannels, SKUs, cash flow and receivables

Revenue is shown by channel, with the top 10 SKUs by revenue and a drill into each SKU’s P&L. Cash in, cash out and net cash flow, receivables ageing from 0-30 to 90+ days and the top 10 receipts of the day complete the daily view.

Income and expense accounts for the month are listed in the P&L details.

Who uses it
CFOSales head
Functions on this topic
  • Revenue by channel; top 10 SKUs by revenue with drill into SKU P/L; channel table
  • Cash in / cash out / net cash flow; receivables ageing (0-30 to 90+); top 10 receipts of the day
  • P&L details: income and expense accounts for the month
Income drill-down
Income drill-down
Credit flow
Credit flow
Accounts

AccountsChart of accounts, journals, ledgers and payments

The chart of accounts and the profit and loss module, journal entries with accounting integration for all transactions, ledger statements and payment management form the accounting core. Accounts are updated monthly, and forecasting management accounting is supported.

Documents are stored with the transactions.

Who uses it
AccountsCFO
Functions on this topic
  • Chart of accounts; Profit & Loss module
  • Forecasting management accounting
  • Ledger statement
  • Payment management
  • Document storage
  • Monthly accounts updates
Chart of accounts summary
Chart of accounts summary
Assets
Assets
Control

ControlAudit logs, statutory reports and multi-year data

Audit logs run across multi-year data for statutory audit, with statutory reports and functions. Purchase, sales and material reports drill down, multiple years of data are instantly accessible, invoices are stored over years and customers and vendors can be analysed across years.

Weekly and monthly KPA reports summarise performance.

Who uses it
AuditorsCFOManagement
Functions on this topic
  • Audit logs; multi-year data with audit log for statutory audit
  • Statutory reports and functions
  • Drill-down purchase, sales and material reports
  • Multiple years data with instant access; store all invoices over multiple years; multi-year customer and vendor analysis
  • Weekly / monthly KPA reports
Day-wise FIS report
Day-wise FIS report
Screens

ScreensFRS screens

The FRS screens cover the profit and loss report, net profit, income and expenses, assets, the chart of accounts, liabilities, revenue and the day-wise FIS report.

Each is shown on FRS Screens.

Functions on this topic
  • FRS screens: Profit & loss report, net profit, income, expenses; asset; chart of account; liabilities; revenue; day-wise FIS report
P&L statement
P&L statement

SpecificationsAt a glance

Daily KPIsRevenue, COGS, gross profit, OPEX, net profit, margins, cash received
Drill downChannel, entity, SKU, income and expense heads
AccountingChart of accounts, journals, ledgers, payments
ControlAudit logs, statutory reports, multi-year data
OutputPDF export, scheduled email, Tally export from procurement and sales

FAQFrequently asked questions

Is profit shown daily?

Yes.

Can it email the P&L?

Yes, scheduled email and PDF export.

Is there an audit log?

Yes, across multiple years.

In detail

Every function, with a picture

23 functions, each with a screen or diagram you can click to open full size, and a link to the step-by-step guide in the Docs. Key features are marked in orange.

Every accounts and finance function

Key daily KPIs
Key feature

Key daily KPIs

Total revenue, COGS, gross profit, OPEX, net profit / loss, gross margin %, net margin %, cash received.

See how →
Revenue by channel and more

Revenue by channel and more

Revenue by channel and top SKUs, with a drill-down into each SKU's P&L.

See how →
Cash in / cash out / net cash flow and more

Cash in / cash out / net cash flow and more

Daily cash in, cash out and net cash flow, with receivables ageing and the day's top receipts.

See how →
Daily P&L dashboard
Key feature

Daily P&L dashboard

Revenue vs COGS vs net profit (7 / 30 days); sparklines; date range selector.

See how →
P&L filters and actions

P&L filters and actions

Date; branch / region / company entity; channel; product category / SKU; currency; refresh, export PDF, schedule email.

See how →
P&L details: income and expense accounts for the month

P&L details: income and expense accounts for the month

Month's income and expense accounts behind the P&L.

See how →
FRS screens

FRS screens

Profit & loss report, net profit, income, expenses; asset; chart of account; liabilities; revenue; day-wise FIS report.

See how →
Chart of accounts; Profit & Loss module

Chart of accounts; Profit & Loss module

Chart of accounts and the profit and loss module.

See how →
Journal entry and more
Key feature

Journal entry and more

Transactions from every module post to accounts; journal entries for the rest.

See how →
Forecasting management accounting

Forecasting management accounting

Management accounts with forecasting.

See how →
Ledger statement

Ledger statement

Ledger statement for any account and period.

See how →
Payment management

Payment management

Plan, approve and record payments.

See how →
Document storage

Document storage

Keep bills, contracts and other documents with the transaction they belong to.

See how →
Audit logs and more
Key feature

Audit logs and more

Several years of data with an audit log for statutory audit.

See how →
Statutory reports and functions

Statutory reports and functions

Statutory accounting reports from the same data.

See how →
Drill-down purchase, sales and material reports

Drill-down purchase, sales and material reports

Drill down from totals to the purchase, sales and material entries behind them.

See how →
Multiple years data with instant access and more

Multiple years data with instant access and more

Years of invoices stay instantly accessible for customer and vendor analysis.

See how →
Weekly / monthly KPA reports

Weekly / monthly KPA reports

Weekly and monthly key performance area reports.

See how →
Monthly accounts updates

Monthly accounts updates

Accounts are brought up to date every month.

See how →

Masters and set-up

Tax types and taxes

Tax types and taxes

FRS → Tax Type and Tax: tax name, rate and line-item type, e.g. CGST/SGST, IGST, TCS and TDS.

See how →
Chart of accounts: assets

Chart of accounts: assets

Asset heads in the chart of accounts.

See how →
Chart of accounts: revenue

Chart of accounts: revenue

Revenue heads used by sales postings.

See how →
Tally XML and bank files
Key feature

Tally XML and bank files

Procurement generates Tally XML for audit; bank payment files are customised for major banks.

See how →
See it in the demo tourThe Accounts and finance chapter shows these screens in the order the work happens.

Keep exploring at your own pace

Every module page walks through the screens, reports and mobile apps in the same way, so you can see exactly how EasyDairyERP fits your dairy.

When you have seen enough, we are happy to show it to you live on our sample data: book a demo or call +91 94880 59495.

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