Financial statements & reports
Trial balance, P&L with comparative periods, balance sheet, cash flow and statement of changes in equity — live from the posted ledger, exportable to CSV.
When statements are built in spreadsheets, every version is a fork: the P&L the bank saw, the one the auditor marked up, the one that is actually right. Nobody is sure which numbers are current.
Zaffre Axon renders every statement from the same posted ledger at request time. There is one source of truth, and every figure drills down to the entries behind it.
Every statement in Zaffre Axon is computed from posted journal entries at the moment you ask — there is no month-end "generate reports" step that goes stale. The trial balance proves the books balance; the P&L stages profit through gross, operating, before-tax and after-tax; the balance sheet ties assets to liabilities and equity including current-year earnings.
Comparative reporting is built in rather than bolted on. The income statement can carry a previous-period column with change percentages, and the balance sheet can be compared against any earlier date — the two views every management meeting actually asks for.
The statement of changes in equity — the report SME tools most often skip — is first-class: per-account opening, movement and closing, with retained earnings rolled forward from all accumulated profit and the period’s net result. Together with cash flow, the pack covers what a lender or auditor expects to receive.
Built-in safeguards against fake attendance
Comparative periods
One click compares the P&L with the equivalent previous period — revenue, gross profit, operating profit and profit after tax with change percentages.
Proper profit staging
The income statement reads the way accountants expect: gross profit, operating profit, profit before tax and profit after tax, each staged from the account hierarchy.
Equity roll-forward
The statement of changes in equity shows opening balance, movement and closing per equity account, plus the retained-earnings roll-forward from accumulated profit.
Cost-center cuts
The trial balance filters to a single cost center for departmental reporting without a separate ledger.
CSV exports
Trial balance, P&L, balance sheet and equity statement export to CSV for the auditor, the bank or the board pack.
How it works
- 1
Post normally
Statements need no preparation — they read the posted ledger directly.
- 2
Pick the window
Choose dates for the P&L and equity statement, or an as-of date for the balance sheet.
- 3
Add a comparative
Toggle comparison to see the equivalent previous period with change percentages.
- 4
Drill where needed
Any suspicious figure traces to its accounts and from there to the source entries.
- 5
Export the pack
Download CSVs for the trial balance, P&L, balance sheet and equity statement.
Frequently asked questions
- Are the financial statements real-time?
- Yes — every statement is computed from posted journal entries when you open it. If payroll posted a minute ago, the P&L already includes it.
- Can I compare this quarter with the previous one?
- Yes. The income statement supports a comparative column for the equivalent previous window, and the balance sheet accepts a comparison date.
- Does it produce a statement of changes in equity?
- Yes — opening, movement and closing per equity account plus a retained-earnings roll-forward, for any date range.
- Can statements be exported for our auditor?
- Trial balance, income statement, balance sheet and equity statement all export to CSV, which opens directly in Excel.
- Can I see a P&L for just one department?
- Tag journal lines with cost centers and filter the trial balance by cost center; departmental cuts come from the same ledger.