Management Reports in Wafeq

The need for financial reports goes beyond accountants, it extends to managers, partners, and investors who rely on clear and consolidated financial insights to make informed decisions.

To simplify this process, Wafeq provides the Management Reports feature, allowing you to generate a well-formatted PDF file that combines key financial statements ready to share with a single click. No more downloading individual reports and merging them manually.

What’s Included in the Management Report?

A single PDF file that contains:

• Profit and Loss Statement (P&L)

• Balance Sheet

• Cash Flow Statement

When to Use It?

• During monthly or quarterly board meetings to present a unified financial overview.

• When sharing reports with investors or lenders to provide a complete financial snapshot.

• As an attachment in administrative reports or business presentations.

• For internal financial performance reviews at the end of each month, quarter, or fiscal year.

Reports Interface Details

The Reports interface has been redesigned with greater accuracy and organization to provide a more efficient and flexible reporting experience, making it easier to access, review, and analyze your business data based on your operational needs.

Available Features in the Reports Interface:

• Pin Reports Feature:
  You can pin your most important or frequently used reports by clicking on the “Pin” option, allowing them to appear at the top of the Reports page for quicker access without needing to search through all reports each time. You can also unpin reports at any time by clicking the same option again.

• Summary or Detailed View:
  When selecting a report, you can choose how you would like the data to be displayed:

  1 - Summary View to display key information such as accounts and amounts.

  2 - Detailed View to access more in-depth information such as customers, notes, or any additional details added to your transactions.
  This feature helps you analyze your data with the level of detail that best suits your needs.

• Reports Categorization:
  Reports are organized into clear categories to help you quickly find the right report based on the type of information you need, such as reports related to cost centers, projects, and other classifications.
  This organization saves time and effort while providing more accurate and structured reporting insights.

How to Generate a Management Report in Wafeq

Go to “Reports” from the main menu, Under the “Financial Reports” section, click on “Management Report – PDF”.

• Select the desired reporting period, for example:

  • “Current Fiscal Year”

  • “Current Quarter”

  • “Last Two Fiscal Years”

• Choose the reporting currency.

• Select whether to display the report by year or by month.

• Click on “Generate Report.”

Wafeq will automatically generate a PDF containing:

• A detailed Profit and Loss statement for the selected period

• A Balance Sheet as of the end date

• A Cash Flow Statement for the same period

Once ready, review the content, then click “Download PDF Report” to save the file.

You will be taken to the PDF preview screen where you can download the file to your device or print it directly.