Creating your first financial report

12 min

Navigate to the Reports section

From the main dashboard, select Reports from the left sidebar. You'll see three core report types: Profit & Loss, Balance Sheet, and Cash Flow Statement. VissoraX also offers Variance Reports (actuals vs. budget) and KPI Snapshots for board-level summaries.

Set your parameters

Choose your date range, reporting period (monthly, quarterly, annual), comparison period if desired, and entity scope (single entity or consolidated). For accrual-basis reporting, ensure your invoices and bills are posted — VissoraX will flag if there are unposted items that affect the period.

Review and annotate

The generated report is fully interactive — click any line item to drill down to the underlying transactions. Use the annotation tool to add commentary directly inline: explain a large variance, note a one-time item, or flag something for the auditor. Annotations appear in exported reports.

Add a budget comparison

If you've loaded a budget (Settings → Budgets → Import), enable the Actuals vs. Budget toggle. The report adds variance columns showing both the dollar difference and percentage variance for each line. Lines exceeding your configured alert thresholds are highlighted automatically.

Export and share

Export to PDF, Excel, or CSV. For recurring reports, set a schedule — VissoraX will generate and email the report automatically at month-end, quarter-end, or weekly. Shared report links can be sent to stakeholders with view-only access, no login required.