Financial Reporting

Foundry Bean Financial Reporting

Accurate financial reporting is an essential part of managing, organizing, and understanding your company's finances. While this concept may seem complicated and overwhelming, Foundry Bean Financial Reporting helps you automatically create and deliver financial reports.

Automatically create financial reports

Unlike other software, Foundry Bean automatically creates Balance sheet and income statement reports from predefined templates. Whether you add a new account or account category, it is automatically placed in the proper place in Balance Sheet and income statements. No need to manually change the reports. You can also change the template for different formats as per your business needs.

Balance Sheet

A Balance Sheet delivers a snapshot of a company's assets, liabilities, and stockholders' equity at a single point in time. You can run the Balance Sheet for multiple months, quarters and years or any combination of them.

Income Statement

An Income Statement, also known as the profit and loss statement, summarizes a company's revenue, expenses, and profits. The income statement shows how much the business earned or lost during a period and determines a company's net income or bottom line. You can run the Income Statement for multiple months, quarters and years or any combination of them.

Retained Earnings

Retained earnings reveals a company's changes in equity during a standard accounting period.