Financial reports, from the trial balance to AR aging
Guliel is accounting and finance-operations software that runs invoicing, expenses, purchasing, payroll, reporting and a double-entry general ledger on one engine. It has 49 report definitions. The financial statements come first: a trial balance, balance sheet and general ledger computed from Guliel's own double-entry ledger, plus an income statement and cash flow statement built from the same document lines the ledger posts from. Every report previews in the app and downloads as a PDF.
The financial statements
| Report | What it shows | Built from |
|---|---|---|
| Trial Balance | Debits, credits and net balance per account for a period | The ledger: documents, payments, payslips and journal entries |
| Balance Sheet | Assets, liabilities and equity as of a date, with retained earnings deduced from the unclosed P&L | The ledger, including journal entries such as opening balances |
| General Ledger | Every posting in the period, dated and labelled with its source | The ledger |
| Income Statement | Revenue by document type net of credit memos, tax collected, expenses by category, salaries and statutory contributions, net income; monthly or quarterly, with an optional comparison to the previous period | Issued documents, approved expenses and payslips |
| Cash Flow Statement | Cash received from customers against cash paid out, by month or week, on a cash basis (payment date) or an accrual basis (issue date) | Documents and payments |
| Balance Summary | Receivables, realised expenses, pending obligations and net cash position as of a date | Documents and payments |
How the ledger behind them works
The ledger is double-entry on a fixed chart of accounts: cash, receivables, payables, revenue, expenses, tax payable and receivable, equity, prepaid expenses, deferred revenue and the payroll accounts. Issued documents, payments and payslips post to it automatically. A captured expense waits for a person's approval before it reaches the ledger. Manual journal entries must balance before they save.
Debits equal credits in every reporting window, and the receivables and payables accounts match the open balances on your documents, because both are computed from the same document lines. A document with a service period spreads its income or expense across that period through deferred revenue or prepaid expenses. A manager sets the books lock date, and nothing dated on or before it can change unless a manager moves the date. The ledger exports as CSV. Custom accounts in the chart are planned.
Where the edges are
- The income statement reads documents and payslips by issue date. Manual journal entries and service-period spreading show in the trial balance, balance sheet and general ledger, not in the income statement.
- Ledger statements add amounts as recorded, without currency conversion. A multi-currency organisation reads them per currency until FX revaluation ships (planned).
- There are no bank feeds or bank reconciliation yet.
- Guliel does not file tax returns. GST and VAT return preparation is planned.
All 49 reports
| Group | Count | Reports |
|---|---|---|
| Financial statements and payroll | 8 | Trial Balance, Balance Sheet, General Ledger, Income Statement, Cash Flow Statement, Balance Summary, Payroll Summary, Benefits in Kind |
| Tax | 3 | Tax Report, Tax Transactions, Withholding Tax |
| Receivables | 5 | AR Aging Summary, AR Aging Detail, Customer Statement, Collections Report, Receipts Register |
| Income | 7 | Income Register, Total Income, Income by Customer, Income by Period, Income by Document Type, Average Invoice Value, Revenue Growth |
| Expenses | 4 | Expense Register, Expense Summary, Expenses by Category, Expenses by Vendor |
| Documents | 6 | Document Summary, Document Register, Unpaid Invoices, Overdue Invoices, Draft Documents, Credit Memos & Adjustments |
| Payments | 4 | Payment Summary, Payment History, Outstanding Balance, Collection Rate |
| Customers | 4 | Top Customers, Customer Activity, New Customers, Customer Retention |
| Currency | 2 | Revenue by Currency, Currency Summary |
| Stock | 3 | Stock Level, Stock Movement, Item Revenue |
| Suppliers | 3 | Supplier Spend, Order Status, Supplier Activity |
AR aging comes in three bucket sets: standard (current, 1-30, 31-60, 61-90, 90+ days), weekly and monthly. Payroll Summary shows gross pay, statutory contributions by scheme, net pay and employer cost per employee; see payroll. The expense reports read from expenses, and the supplier and stock reports from purchase orders and stock.
Country-aware tax reports
The Tax Report runs by year, quarter or month and can include or leave out zero-rated and exempt sales. Tax Transactions lists every taxed line and filters by standard, reduced, zero-rated or exempt rate. The Withholding Tax report covers Israel, Singapore, the USA, Australia, Thailand and Indonesia.
Country adapters set the labels and formatting for Israel (VAT, מע״מ), Singapore (GST) and the USA (sales tax). Organisations in other countries get the same reports with generic tax labels. Two-month period presets match Israel's bi-monthly VAT reporting. Guliel does not determine US sales-tax nexus or file state returns.
Parameters, not a report builder
Each report takes parameters: date range or as-of date, customer, document type, currency, grouping and sort order. Some parameters appear only when another option is chosen. By default, expense figures count approved expenses only, with an option to include those still waiting for review. There is no free-form query builder. For your own warehouse or BI tool, pull the data through the API.
Reports on a schedule
Automations have daily, weekly and monthly schedule triggers, and an action can be any API operation, including running a report. A second step can post the report's data to a webhook (live). For example: on the first of each month, run the income statement for the previous month and post it to your accountant's endpoint.
Sending a report by email from an automation is planned. A dedicated report scheduler with stored report history is also planned; today, each automation run is kept in the automation's run log.
AI and the API
Every report is an API operation. Any AI client that supports the Model Context Protocol, such as Claude, ChatGPT or Copilot, connects to Guliel's MCP server through OAuth 2.1 and can run reports within the role and scopes the user grants. The built-in AI companion works through the same API.
Formats and the accountant handoff
- Reports: in-app preview and PDF download (live). CSV and Excel export of reports is planned.
- The general ledger: CSV export, one row per posting (live).
- Expenses: CSV export, with the original receipts as a ZIP (live).
Your accountant can work in the same organisation. Add them as a Viewer for read-only access to reports and the ledger. Pricing is per organisation, so an extra user costs nothing. A sign-off queue where an accountant approves AI work is planned.
Pricing
The published Free plan includes 10 reports a month. Standard ($20 per organisation per month) and Premium ($99) list unlimited reports. These are published prices: billing is not live yet and paid plans are not on sale. Full table on /pricing.
FAQ
Does Guliel produce a trial balance and a balance sheet?
Yes. Both come from Guliel's double-entry general ledger, together with a general ledger report listing every posting. Documents, payments and payslips post automatically, and manual journal entries must balance.
Is the income statement built from the ledger?
It reads the same issued documents, approved expenses and payslips that post to the ledger, by issue date. Manual journal entries and service-period spreading appear in the trial balance, balance sheet and general ledger.
Can reports run on a schedule?
Yes, through automations: a daily, weekly or monthly trigger runs the report and a webhook step posts its data. Emailing reports from an automation is planned.
Which export formats are there?
Reports download as PDF. The general ledger exports as CSV, and expenses export as CSV with their receipts as a ZIP. CSV and Excel export of individual reports is planned.
Are the tax reports country-specific?
Labels and formatting are country-specific for Israel, Singapore and the USA, and the withholding report covers six countries. Other countries get generic tax labels. Guliel does not file tax returns.
Can my accountant get direct access?
Yes. Add them to your organisation as a Viewer for read-only access to reports and the ledger. Pricing is per organisation, not per seat.
Do I still need Xero or QuickBooks?
Not for the ledger: Guliel keeps its own double-entry ledger and statements. If you use one today, Guliel can run beside it while you adopt it, with the ledger exported as CSV. Bank feeds and bank reconciliation are not built yet.
Start free at /pricing.
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