In Odoo, you can generate financial reports in real time. Odoo's reports range from basic accounting reports to advanced management reports. Financial Executive Summary is a management level report available in Odoo enterprise version. The Executive Summary allows for a quick look at all the important figures you need to run your company.
Executive Summary is available under the Reporting of Accounting Module.
Accounting → Reporting → Executive Summary
Generating Odoo Financial Executive Summary
Executive Summary can be generate using different criteria like month, financial year etc. Custom period can also be add on.
Executive Summary also allows the comparison generation previous periods or custom added periods.
Financial executive summary report in Odoo contains summary of :
Cash
Received cash
Spent cash Cash surplus - A cash surplus is the cash that exceeds the cash required for day-to-day operations.
Closing bank Balance - A closing balance is the amount remaining in an account within your chart of accounts. Let it be positive or negative, at the end of an accounting period or year end.
Profitability
Income
Cost of Revenue - It represents the direct costs associated with the goods and services the company provides.
Gross profit - Gross profit is the profit a company makes after deducting the costs associated with making and selling its products. Or it is the cost which associates with providing its services.
Expenses
Net Profit - The actual profit after working expenses that is not in the calculation of gross profit have been paid.
Balance Sheet
Receivables - Debts owed to a company by its customers for goods or services that have been delivered. Or which is used but not yet paid for.
Payables - Accounts payable (AP) is the amount owed for the purchase of goods or services at a specific date.
Net assets - Net assets refers to the value of a company's assets minus its liabilities.
Performance in percentage
Gross profit margin (gross profit / operating income) - The contribution each individual sale made by your business less any direct costs needed to make those sales (things like labour, materials, etc).
Net profit margin (net profit / income) - The contribution each individual sale made by your business less any direct costs needed to make those sales. As well as any fixed overheads your company has (things like rent, electricity, taxes you need to pay as a result of those sales).
Return on investments (net profit / assets) - The ratio of net profit made, to the amount of assets the company used to make those profits.
Financial Position
Average debtors days - The average number of days it takes your customers to pay you (fully). That is, across all your customer invoices.
Average creditors days - The average number of days it takes you to pay your suppliers (fully). Also across all your bills.
Short term cash forecast - How much cash is expect in or out of your organization in the next month. That is, the balance of your Sales account for the month less the balance of your Purchases account for the month.
Current assets to liabilities - Also refer to as current ratio. This is the ratio of current assets (assets that can be turn into cash within a year) to the current liabilities (liabilities which will be due in the next year). Hence, this is typically use as a measure of a company's ability to service its debt.
