Designing the accounting reports

Designing the accounting reports

Accounting report is a compilation of accounting information that are derived from the accounting records of a business concern. Accounting reports may be classified as routine reports and special purpose reports.

Routine accounting reports include

b.     Day books / Journal

c.      Ledger

d.     Trial balance

e.      Income statement

f.       Balance sheet

g.     Cash flow statement

Special purpose report is a report other than the routine accounting reports which is prepared according to the requirements of the user.

Following are the steps involved in designing accounting reports:

·        Define the objective of generating report

·        Specify the structure of the report

·        Creating database queries to interact with the database to retrieve, modify, add or delete data from the records.