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RunningP&L,BalanceSheet,andCashFlowReports

Objective

Generate standard GAAP-style financial statements — Profit & Loss, Balance Sheet, Cash Flow, and Budget vs Actual — for any period.

Prerequisites

  • •GL entries posted for the period (payments, expenses, distributions)
  • •Chart of Accounts configured

Step-by-Step Instructions

  1. 1

    Navigate to Accounting → Financial Reports.

  2. 2

    Choose your report type: Profit & Loss, Balance Sheet, Cash Flow Statement, or Budget vs Actual.

  3. 3

    Configure filters:

    • —Period: MTD, QTD, YTD, or Custom date range
    • —Entity: All properties, a single property, or a legal entity group
    • —Comparison: Prior period, prior year, or budget
  4. 4

    Click Run Report. Valix computes the statement from live GL data.

  5. 5

    Click Export PDF or Export CSV to download.

Troubleshooting Tips

Pro Tip:Close your accounting period monthly via Accounting → Period Close. This freezes reports and prevents backdating, which makes financial statements audit-defensible.
Note:Cash Flow Statement uses the indirect method, starting from Net Income and reconciling to actual cash movement.

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