How to Generate Reports and Statements on the Openfloat Dashboard

Staying on top of your financial data is critical. Openfloat by Pesapal makes it easy to manage and access reports and statements, giving you valuable insights into your business’s financial health. Whether you’re tracking cash flow, reconciling accounts, or preparing for audits, Openfloat has you covered with its simple and efficient reporting tools. 

Here’s a step-by-step guide to generating reports and statements with Openfloat: 

1. Log in to your Openfloat account 

Begin by logging into your Openfloat dashboard with your credentials. If you’re new, sign up and complete the setup process to open your account. 

2. Navigate to the reports section 

On the dashboard, locate the “Reports” tab in the main menu. This section gives you access to all available report types, such as transactions, payment categories and running balance reports. 

3. Select the report type 

Choose the type of report or statement you need. Openfloat offers a variety of options, including: 

• Transactions: 
  Get a detailed breakdown of all financial transactions. This report section allows you to track individual entries, including dates, amounts, and descriptions, making it ideal for reconciliation or auditing purposes. 

• Payment's categories: 
  Understand where your money is going by categorizing payments. This report is perfect for analyzing expenses across different categories, helping you identify trends and manage costs effectively. 

• Running balance report: 
  Keep an eye on your cash flow with a running balance report. It shows your account’s ongoing balance over time, giving you a clear picture of your financial position. 

4. Customize the report parameters 

Set the parameters for your report. You can filter data by date range, transaction type, specific accounts, or categories. Customizing these parameters ensures you get the most relevant insights while reporting. 

5. Generate the report 

Click “Generate” to produce the report. Openfloat’s system processes the data and provides a comprehensive, easy-to-read summary. 

6. Export or share the report 

Once the report is generated, you can: 

• Download it in various formats like PDF or Excel. 

• Share it directly with stakeholders via email. 

• Save it to your Openfloat account for future reference. 

7. Analyze and Act 

Use the insights from the report to make informed decisions for your business. Whether it’s reallocating resources, adjusting budgets, or optimizing cash flow, Openfloat empowers you to act decisively. 

Ready to take control of your financial reporting? Sign in to Openfloat today and experience the ease of generating detailed reports and statements in just a few clicks.