# Financial Reporting ## Stop Exporting Financials to Excel. Drill Into Them Live. Your CFO clicks a $47K expense spike on the Income Statement and sees every journal entry, source document, and vendor bill behind it instantly. Saved report templates, cash-to-accrual toggling, period comparison, and warehouse-level grouping are native to every statement. ## The executive reporting gap ## What Static Reporting Costs You Every Month CFOs lose entire weeks to manual report configuration and exported spreadsheets. Every hour your Controller spends rebuilding the same Balance Sheet filters is an hour not spent analyzing margins, forecasting cash, or preparing for audits. - 2-3 weeks - average time mid-market manufacturers spend closing the books each month with legacy tools - 80% - of CFO report requests require analysts to export raw data to Excel before any analysis can begin - $0 - the amount of actionable insight a static PDF report delivers when your CEO needs to drill into a specific line item - 6+ hours - spent every month manually re-configuring identical date filters and column comparisons for recurring executive briefings ## Financial Statements ## Click Any Number. See Every Transaction Behind It. our Income Statement, Balance Sheet, and Cash Flow Statement are not static PDFs - they are live, interactive dashboards. Toggle between cash and accrual basis, compare any two periods side-by-side, and when the board questions a number, click it to instantly drill down into the exact journal entries and source documents underneath. Save your exact configuration as a reusable template and regenerate next month's executive briefing in one click. - Income Statement with period-over-period comparison - Balance Sheet with drill-down into asset and liability detail - Cash Flow Statement with Operating, Investing, and Financing splits - Trial Balance with full Chart of Accounts mapping - One-click saved templates for recurring reports - Toggle between cash and accrual accounting basis ## Core financial capabilities ## Every Tool Your Finance Team Needs in One System ### Receivables and Collections Track every customer invoice from issuance through payment. Email invoices directly from the system with real-time open-and-read telemetry so you know exactly when customers see their bill. - Customer invoice master grid with payment status filters - Issue credit notes directly from the original invoice - Email invoices with delivery and open tracking - Configurable invoicing policies (ordered vs. delivered) ### Payables and Vendor Bills Centralize all vendor liabilities with native 3-way matching to POs and Goods Receipts. Color-coded alerts flag approaching due dates so you never miss an early-pay discount. - 3-way matching: bill to PO to receipt - Color-coded overdue and approaching-due alerts - Vendor credit memos applied automatically to future payments - ACH batch payments with per-bill banking details ### General Ledger Mastery Draft complex, multi-line journal entries with continuous debit-credit validation. Every automated entry links back to its source document for instant, clickable audit trails. - Multi-line journal entries with live balance validation - Source document tracing on every automated entry - Journal reversals and administrative voiding - Multi-dimensional tagging (warehouse, department, project) ### Automated Recurring Entries Build templates for monthly accruals, rent, and depreciation entries. The system drafts and posts them on schedule - your team reviews exceptions, not routine work. - Journal templates with configurable recurrence schedules - Auto-post or draft-for-approval execution policies - Scheduled entries dashboard with manual early-execution - Template-level posting permission controls ## Accounts Receivable ## From Invoice to Cash Collection in a Single Workflow Stop downloading PDF invoices from your ERP just to email them through Outlook. Generate, customize, and dispatch invoices directly from Naologic with real-time email telemetry showing exactly when a customer opens the bill. The system automatically triggers follow-up reminders the second a payment becomes overdue, while credit notes and memos flow back against outstanding balances without manual intervention. ## Bank Reconciliation ## Turn a Multi-Week Close Into a Few Hours Throw away the highlighters and printed bank statements. Naologic's Reconciliation command center brings your bank feed and open invoices onto a single screen. Match transactions manually or let the AI auto-suggest high-probability pairings in green. When a wire arrives $15 short due to a bank fee, post the adjustment directly inside the reconciliation screen without abandoning your workflow. Every matched transaction disappears from your active feed, creating a clean, diminishing to-do list that drives you toward zero. ### AI-Powered Transaction Matching Stop manually eyeballing bank lines against invoice amounts. Enable AI Auto-Suggest and the system evaluates your entire bank feed, highlighting high-probability document matches. Review the suggested pairings and click Accept All to process the bulk of your monthly reconciliation in minutes instead of days ### Inline Adjustments and Direct Payments When a transaction has no matching document, create a direct payment or prepayment without leaving the screen. Post bank fees, rounding variances, and minor discrepancies as inline adjustments. The system logs every correction to the audit trail while keeping your workflow uninterrupted. ## Fixed Assets ## Depreciation on Autopilot Stop calculating monthly depreciation manually. - 100% of monthly depreciation entries auto-generated and posted without manual intervention #### Automated Depreciation Schedules Define acquisition cost, salvage value, and useful life once. Naologic auto-generates a complete month-by-month schedule for the entire asset lifecycle, posting journal entries automatically on each period close. #### Source Document Tracing for Frictionless Audits Every journal entry in Naologic carries a direct hyperlink to its originating source document. When auditors ask "Where did this $12,000 entry come from?", you click the link and instantly open the purchase order, goods receipt, or vendor bill that triggered it. No binder tabs, no cross-referencing spreadsheets, no digging through email attachments. Your entire audit trail is one click deep, every single time. ## Chart of Accounts ## Infinite Nesting. Zero Clutter. Total Control. Stop using bizarre numerical codes to group expenses. Build an intuitive, hierarchical Chart of Accounts with unlimited parent-child nesting levels. Expand and collapse categories with a click, so your CFO sees the macro view while your Controller dives into detail. Protect your ledger by designating parent accounts as Header Accounts that physically prevent users from posting broad transactions - forcing them to use the correct sub-account every time. Map new GLs to standardized Account Categories, and your financial statements automatically route the data exactly where it belongs. ## Your Financial Data Connected to Every Module **Manufacturing Cost Flows** Every manufacturing order, work order, and BOM consumption automatically generates the correct journal entries. Your COGS updates in real time as production completes, with full traceability from the factory floor to the financial statement. **Inventory Valuation** Warehouse transfers, stock adjustments, and material receipts post journal entries automatically. Your Balance Sheet reflects true inventory value at all times, with source document links on every single transaction. **Purchasing and AP Automation** Purchase orders flow into vendor bills flow into payment batches. 3-way matching verifies every dollar before it leaves your account. Your AP aging report updates the second a new bill is confirmed. ## Why manufacturers are switching ## Naologic vs. Legacy Financial Reporting QuickBooks gives you static PDFs. SAP forces you into Excel. GlobalShop and JobBOSS trap you in Crystal Reports with zero vendor support. Naologic delivers live, interactive financial statements with drill-down capabilities, saved templates, and AI-powered reconciliation - purpose-built for manufacturing finance teams.