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Filogy organizes your finances to be able to report easily
All spent or received money (or money equivalent) is categorized into types. These categories are represented by accounts. The categorization is hierarchical; thus, all the accounts are part of a hierarchical list. This hierarchical list of accounts is called “Chart of Accounts”.
Chart of Accounts helps you to organize your finances, to segregate expenditures, revenue, assets, and liabilities.
Filogy contains a predefined Chart of Accounts, which can be modified if you want your own categorization.
This categorization is used for creating financial reports.
- Balance sheet is a summary of the financial balances of your web store. Assets, Liabilities and Owner's Equities are listed at a specific point in time.
- Profit and Loss Statement shows the revenues, costs of sales and expenses of your web store during a time range you wish.
- Cash Flow Statement shows the flow of cash in and out of your web store
List all transaction of a specific type
List all transaction entries of a specific account to get a list of similar events. For example, you can list your "Cash" account in a given date range to get all incoming and outgoing cash, or list your "Inventory" account to see all inventory transaction values in a single list.
This report will be shown if you click on a number in a summarized list, and drill down to the subsequent components of the selected summary value.
- Inventory Report is a list of items belonging to your webstore. It provides information about In Stock Qty (stock in hand), Committed Qty (ordered by a customer but not delivered), Ordered Qty (ordered by you but not received), and Value of in stock qty.
- Inventory Audit Report contains information about inventory transactions, increase or decrease of stock values.
Inventory Report can be used with Filogy Finance Professional and Premium.
Click on any number of Filogy dashboard to get details
Click on any number of Filogy dashboard widget and get a detailed report about all the item that is summarized by the selected number.
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