Bookkeeping reports

The reports will give you insight into how your business is doing financially. It will also provide you with a completed VAT report. 

In this guide we will give a short explanation of each report. We have divided the reports into three main categories: Bookkeeping, Accounts receivable/payable and For the Tax Administration. 

Bookkeeping reports

Profit and loss
The result gives a full overview of income and costs in your company.

Balance 

The balance sheet shows what you own (assets) on the one hand, and equity and debt on the other. With other words, it is what your company owns and what it owes.

Transaction entries
Transaction entries are an overview of all vouchers. It is all the transactions you have registered. 

General ledger 

The general ledger shows all the transactions in and out of your company divided into the accounts they were registered. 

Invoice journal 

The invoice journal is a list of all invoices your business has created. 

Trial balance 

The trial balance shows the sum of everything registered on each account.

Accounts receivable/payable 

Accounts receivable 

The accounts receivable shows you the transactions between your customers and your company, and if customers owe your company money. You can find each individual customer by clicking on CUSTOMERS in the menu and then CUSTOMER CARD to see details for the relevant customer. 

Accounts payable 

The accounts payable shows all transactions between your suppliers and your company, and who you owe money to. You can find each individual supplier by clicking SUPPLIERS in the menu and then details for the relevant supplier. 

Accounts receivable ageing

See how much money the customers owe you in a diagram that shows you which invoices are overdue and how long it has been overdue. 

Accounts payable ageing 

See how much money your business owes your suppliers in a diagram that shows which invoices are overdue and how long it has been since they should have been paid. 

For the Tax Administration

VAT report 

The VAT report is an overview of income and costs and explains wheter you have to pay VAT or if you get money back. It gets information from the accounting and you can send it straight to Altinn. 

Export bookkeeping data (SAF-T)

Are you going to deliver accounting information to the Tax Administration for a book audit? Here you can download a ZIP file with data from a given period. 

Income Statement 1 

Income Statement 1 is something every sole proprietorship has to deliver to the Tax Administration. It shows the income and expenses in a company. It gets the information from the accounting, and you can send it straight to Altinn.