Financial Overview Latvia

Below are the account classes from the Briox standard chart of accounts which the Financial Overview reports look at:

1 - Assets and Liabilities

Assets:

 _BALANCE.1 Long-term investments

_BALANCE.2 Current Assets

Liabilities:

_BALANCE.3 Equity

_BALANCE.4 Provisions

_BALANCE.5 Accounts payable

2- Debtors and Creditors

In this report, we do not look at account classes but instead at accounts receivable and accounts payable as set up under your default accounts (Registry - Chart of accounts - Default Accounts) or as set directly on your suppliers in the registry.

3 - Liquidity 

_BALANCE.2.6 Cash and cash equivalents

4 - Net Profit

_PROFITLOSS Profit & Loss 

5 - Operating  Profit

We look at sales before financial items: 

_PROFITLOSS Profit & Loss

Excluding:

_PROFITLOSS.8.8 Taxes on profit and other income

6 - Revenue and Expenses

Revenue:

_PROFITLOSS.6 Income from Core activity

_PROFITLOSS.8.1 Miscellaneous income 

Expenses:

_PROFITLOSS.7 Core activity expenses

_PROFITLOSS.8.2 Miscellaneous expenses

7 - Turnover

_PROFITLOSS.6 Income from Core activity

_PROFITLOSS.8.1 Miscellaneous income

8 -Turnover & Personnel

Turnover:

_PROFITLOSS.6 Income from Core activity

_PROFITLOSS.8.1 Miscellaneous income

Personel:

_PROFITLOSS.7.2 Staff expenses

_PROFITLOSS.7.3 Social taxes and expenses

Note: If you have your own chart of accounts please check that the account classes correspond if not please mail support which account classes you want linked to the various reports.