Financial Reports Reference

BalanceSheet Pro generates 6 standard financial reports that comply with GAAP/IFRS standards.

Report Types

Report	Purpose	Frequency
Trial Balance	Verify debits = credits	Any time
General Ledger	Account transaction detail	Any time
Balance Sheet	Financial position	Period end
Income Statement	Profitability	Period end
Statement of Equity	Ownership changes	Period end
Statement of Cash Flows	Cash movement	Period end

---

Trial Balance

Endpoint: GET /api/v1/reports/trial-balance

Parameters:

• company_id: Company UUID
• as_of_date: Date to report on (YYYY-MM-DD)

Response fields:

report_name: "Trial Balance"
as_of_date: "2026-01-31"
lines: [
  { account_code: "1000", account_name: "Cash", debit: "50000.00", credit: "0.00" },
  { account_code: "2000", account_name: "AP", debit: "0.00", credit: "15000.00" },
  ...
]
total_debit: "105000.00"
total_credit: "105000.00"
is_balanced: true

Validation rules:

• Only posted entries are included
• Only active accounts are shown
• Zero balance accounts may be excluded

---

General Ledger

Endpoint: GET /api/v1/reports/general-ledger

Parameters:

• company_id: Company UUID
• account_id: Specific account UUID
• start_date: Period start (YYYY-MM-DD)
• end_date: Period end (YYYY-MM-DD)

Response fields:

report_name: "General Ledger"
account_code: "1000"
account_name: "Cash"
opening_balance: "25000.00"
lines: [
  { date: "2026-01-05", entry_number: "JE-0001", description: "Sale", debit: "5000.00", credit: "0.00", balance: "30000.00" },
  { date: "2026-01-10", entry_number: "JE-0002", description: "Rent", debit: "0.00", credit: "2000.00", balance: "28000.00" },
  ...
]
closing_balance: "45000.00"
total_debit: "25000.00"
total_credit: "5000.00"

---

Balance Sheet

Endpoint: GET /api/v1/reports/balance-sheet

Parameters:

• company_id: Company UUID
• as_of_date: Date to report on (YYYY-MM-DD)

Structure:

ASSETS
  Non-current Assets
    Property, Plant & Equipment    $500,000
    Intangible Assets              $ 50,000
  Current Assets
    Cash and Cash Equivalents      $150,000
    Accounts Receivable            $ 75,000
    Inventory                      $ 50,000
    Prepaid Expenses               $ 10,000
TOTAL ASSETS                       $835,000

LIABILITIES
  Current Liabilities
    Accounts Payable               $ 40,000
    Accrued Liabilities            $ 15,000
  Non-current Liabilities
    Long-term Debt                 $200,000
TOTAL LIABILITIES                  $255,000

EQUITY
  Common Stock                     $100,000
  Retained Earnings                $480,000
TOTAL EQUITY                       $580,000

TOTAL LIABILITIES + EQUITY         $835,000

Validation:

• Total Assets MUST equal Total Liabilities + Total Equity
• If not balanced, check for unposted entries or data errors

---

Income Statement

Endpoint: GET /api/v1/reports/income-statement

Parameters:

• company_id: Company UUID
• start_date: Period start (YYYY-MM-DD)
• end_date: Period end (YYYY-MM-DD)

Structure:

Revenue
  Sales Revenue                    $500,000
  Service Revenue                  $ 50,000
Total Revenue                      $550,000

Cost of Goods Sold                 $270,000

GROSS PROFIT                       $280,000

Operating Expenses
  Salaries & Wages                 $120,000
  Rent & Occupancy                 $ 24,000
  Utilities                        $ 12,000
  Depreciation                     $ 30,000
Total Operating Expenses           $186,000

OPERATING INCOME                   $ 94,000

Other Income (Expense)
  Interest Income                  $  2,000
  Interest Expense                 ($  8,000)
Total Other Income                 ($  6,000)

INCOME BEFORE TAXES                $ 88,000
Income Tax Expense                 ($ 22,000)

NET INCOME                         $ 66,000

---

Statement of Equity

Endpoint: GET /api/v1/reports/statement-of-equity

Parameters:

• company_id: Company UUID
• start_date: Period start (YYYY-MM-DD)
• end_date: Period end (YYYY-MM-DD)

Structure:

                    Common Stock  Retained Earnings  Total
Beginning Balance    $80,000       $150,000          $230,000
Net Income                          $66,000          $ 66,000
Dividends Declared                 ($10,000)         ($10,000)
Ending Balance      $80,000       $206,000          $286,000

---

Statement of Cash Flows

Endpoint: GET /api/v1/reports/cash-flow

Parameters:

• company_id: Company UUID
• start_date: Period start (YYYY-MM-DD)
• end_date: Period end (YYYY-MM-DD)

Structure (Indirect Method):

OPERATING ACTIVITIES
  Net Income                       $ 66,000
  Adjustments:
    Depreciation                   $ 30,000
    Changes in working capital:
      Increase in AR               ($15,000)
      Decrease in Inventory        $  5,000
      Increase in AP               $  8,000
Net Cash from Operations           $ 94,000

INVESTING ACTIVITIES
  Purchase of Equipment            ($50,000)
Net Cash from Investing            ($50,000)

FINANCING ACTIVITIES
  Repayment of Long-term Debt      ($20,000)
  Dividends Paid                   ($10,000)
Net Cash from Financing            ($30,000)

Net Change in Cash                 $ 14,000
Cash at Beginning of Period        $136,000
Cash at End of Period              $150,000