Create Financial Reports Easily
Powered Now has comprehensive reporting options. The benefits of this include:
Easy to see trends in your business using a chart where you can the compare current year performance with previous years
All information is easily available so you can pass the information to your accountant or bookkeeper or do your own accounts
The variety of ways that you can configure the reports means that Powered Now provides template custom reports. And if even you can’t get exactly what you want, everything can be exported into Excel or another spreadsheet so you can manipulate the information to your heart’s content. This applies to all reports:
Business performance. Examine detailed information at a glance for any month in your history.
Charts. Compare month by month performance for every aspect of your business.
Reports. Display, print or export detailed information on sales, expenses and supplier invoices.
Accounts. The ability to generate a data export that can be sent to your accountant or bookkeeper.
CIS reporting. Statutory reports supported.
Assess business performance at a glance for any month
See summary figures for amount quoted, amount accepted, amount invoiced, amount paid and more
Scroll back through history
Show business performance on a graph
Provide side by side display of the last two years
Choose which information to plot including value of accepted quotes, sales invoices, amount paid, expenses, profit and more
Choose whether to display, print or export a choice of detailed or summary reports
Choose sales, expenses or supplier invoices. (Supplier Invoices in Pro only)
Optionally report on a single customer
Choose period covered – Last calendar month, Last calendar year, Last tax year, any period
Choose status of information reported: Approved, Payment outstanding (Approved), Not Approved
Generate a data export that can be sent to your accountant or imported into your accounting system
Once sent, information is locked so it cannot be changed and will not be exported a second time
Included are the sales invoice report, supplier invoice report, expense reporting, expenses, sales payments, payments for expenses/supplier invoices, cost disbursements
Making Tax Digital (MTD) and VAT Return
This is a new tab coming soon to the report screen ready for the April 2019 deadline.
Our CIS report template allows contractors to generate their payment and deduction statements to send them to subcontractors (Pro only)
A special report enables contractors to complete their monthly CIS 300 submission to HMRC (Pro only)
Subcontractors can keep track of the deductions made from their earnings so they have this figure ready for their tax submissions and make sure they receive the full tax credit that they are entitled to
Profit and loss reports
CIS report using the CIS report template
Invoice reporting using the invoice report template
Supplier invoice reporting using the supplier invoice report template (Pro only)
Expense reporting using the expense report template
Did you know?
You can export your reports into a useful CSV file, so if you need to mess around with your data you can! This is especially useful for sending a file to an accountant or bookkeeper and much quicker than printing all of your invoices off!