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Accounting reports

Double-entry accounting with ten tabs: P&L, Balance Sheet, Trial Balance, General Ledger, Aging, Journal Entries, Comparative, Fixed Assets, Year-End Closing and FX Exposure.

Overview​

Frihet generates entries when you create invoices, record payments or add expenses. Under Finance → Accounting you find the reports and tools in tabs. The chart of accounts has its own screen, with no menu link (see Chart of accounts).

Quick start​

  1. Go to Finance → Accounting.
  2. Choose the tab you need.
  3. Adjust dates or the account. P&L can be exported to CSV or printed; Aging has a CSV export.

Tabs​

TabWhat it shows
P&LIncome, expenses and result for the period
Balance SheetAssets, liabilities and equity as of a date
Trial BalanceDebit and credit balances per account
General LedgerMovements of an account with running balance
AgingReceivables by age band
Journal EntriesManual entries: create, post and review
ComparativeTwo periods side by side
Fixed AssetsAsset register with depreciation method (straight-line, declining balance or units of production), useful life in months and depreciation runs
Year-End ClosingAnnual closing and opening balances
FX ExposureForeign-currency items

Cash flow is under Reports → Cash Flow (see Cash flow forecast).