How to exclude journal items from Financial Reports

In reality, companies may have internal journal entries that they don’t want to show on financial reports.

To assist accountants in accurately tracking the incurred costs of the company and preparing financial reports by the law, Viindoo provides a fairly simple and convenient tool.

First, navigate to the Viindoo Apps, remove Apps filter and search for module Accounting Reports - Report Exclusion ‣ Install:

Install Accounting Reports - Report Exclusion module in Viindoo Accounting app

After installing the module, navigate to Accounting ‣ Accounting ‣ Journal Entries, there will be a field available to exclude the journal entries of legal reports:

Exclude journal entries in legal reports feature - Viindoo Accounting app

On financial reports in accordance with the law such as Profit and Loss, Balance Sheet, etc., there will be an additional filter for entries marked as excluded from legal reports:

Profit and Loss report - Viindoo Accounting app Balance sheet - Viindoo Accounting app

By using this feature, you can both view reports with the actual incurred expenses and view reports according to the accounting law easily and accurately.