This document provides an overview of accounting reports for two Nepalese banks, Nabil Bank LTD and Nepal Investment Bank LTD. It discusses the different types of reports generated on a daily, monthly, quarterly, semi-annual, and annual basis. It also describes how the banks' core banking software, Finacle, facilitates generation of reports such as cash vault balances and supports accounting processes like double-entry bookkeeping. Finally, the document outlines the process for generating reports from the Finacle system.

1. A Presentation on:
Generations of Accounting Reports
By:
Alina Dangol
Chhitiz Shrestha
Leeza Shrestha
Financial Information System Instructor
Ace Institute of Management
Faculty of Management
Pokhara University

2. Accounting reports reflect the performance of an
organization
The purpose of the financial reports is to show the reader
the financial position, financial performance and cash
flows of a business
Accounting reports are important to:
Business Owners
Investors
Bank
Suppliers
Government
Introduction

3. One of the leading commercial bank in
Nepal
Successfully completed 28 years of
service since July 12 1984
The bank has expanded its outreach
across 72 districts of the country
through a network of 48 branches
Uses Finacle as its core information
management system
Introduction to Nabil Bank LTD

4. Established in 1986 as a joint
venture between Nepalese and
French partners
Also a leading banking venture
in Nepal
Use of Finacle as its core
information management
system
Introduction to Nepal Investment
Bank LTD.

5. CBS stands for Core Banking Solution or Centralized
banking solution
CORE stands for "centralized online real-time
exchange“
Finacle is designed with service-oriented-
architecture(SOA)
It is a multi channel, multi currency & multi country
enabled technology
Finacle

6. Computerized recording system from Infosys that
empowers banks to transform their business leveraging
technology
Addresses the core banking, e-banking, treasury, and
wealth management, CRM, and cash management
requirements of retail, corporate and universal banks
worldwide
Nepalese accounting standard which is simplified version
of international accounting standard is used for the
computerized accounting package used for Finacle
Finacle

8. To analyze the various types of Financial reports in the
context of two Nepalese banks, namely:
Nabil Bank LTD
Nepal Investment Bank LTD
To analyze the impact of Financial Information system
software like Finacle on those reports
To examine the contribution of MIS softwares in the
respective banks on financial reports prepared in the
present day.
Objectives

9. On the basis of Frequency
Daily
Monthly
Quarterly
Semi Annually
Annually
Bases of Accounting Reports
On the basis of Nature
Trial Balance
Ledger
Income Statement
Balance Sheet
Cash Flow Statement

10. Cash Vault Report
Cash that a bank keeps in its vault for
daily transactions such as check
cashing or cash withdrawals.
It is considered part of
a bank's reserve obligation
Finacle is used to calculate how much
money remains at the end of the day
in the cash vault.
Without the help of Information
system software like Finacle, It would
be a difficult to keep track of inflow
and outflow of cash.
Types of Report (Daily)

11. Other daily reports include:
CCOD history Limit, Outstanding, Overdraft, Balance
Functioning status of ATM
ATM switch report
Office accounts supplementary
Cash summary (teller wise)
System Generation Transaction report
Day book
GL report
Types of Report (Daily)

12. Income Statement
It reports its earnings and expenses for a given
period of time, typically by the month
Finacle is not used to calculate the monthly
report like the income statement.
It is calculated by collecting information from
all the branches of Nabil or Nepal Investment
from all over Nepal.
After that the information is relayed to the
Head Office.
Then the head office calculates monthly
income statements separately which also helps
to calculate the annual report.
Types of Report (Monthly)

13. The quarterly report consists of aspects like:
Unaudited Financial Reports
Related Party Disclosure
Management Analysis
Details related to legal proceedings
Analysis of bank’s shares transaction
Problems and challenges
Corporate Governance
Types of Report (Quarterly)

14. Semi-annual Report
Documents that cover the financial activity of
a business or other entity for a period of less
than one calendar year.
an interim financial statement is issued to
cover a six-month period of activity
While the structure of the reports included in
a statement of this type will follow generally
accepted accounting principles, the
information is usually unaudited
Types of Report (Semi-annual)

15. Annual Report
An annual report is a comprehensive report on
a company's activities throughout the preceding year
intended to give shareholders and other interested people
information about the company's activities and financial
performance.
Typical annual reports will include:
Accounting policies
Balance sheet
Cash flow statement
Contents: non-audited information
Profit and loss account
Notes to the financial statements
Types of Report (Annual)

16. Accounting listing that shows the
beginning and ending balances for
all accounts included in the set of
books
This worksheet format makes it
possible to evaluate whether or not
the total debits for the period cited
are in balance with the total
number of credits generated for the
same period
When a true trial balance exists, the
total credits and total debits will be
equal.
Types of Report (Trial Balance)

17. Also commonly referred to as an
accounting ledger, it is a
primary accounting record used
by a business to keep track of all
the financial transactions the
company makes
All financial transactions, debits
and credits, are recorded, or
"posted," in the general ledger
Types of Report (Ledger)

18. Financial statement that provides an analysis
of the influx of revenue from various money
making endeavors on the part of the
company
Includes revenue sources such as billed
income from the central operation process,
investments made on the part of
the corporation, and any financing activity
engaged during the period cited
The idea is to provide the basis for an overall
picture of how cash flow generated by the
company is doing with handling the
outstanding expenses incurred during
operation
Types of Report (Cash Flow
Statement)

19. Double Entry Accounting
Technique which records each transaction as both a credit and a
debit.
Credit entries represent the sources of financing, and the debit
entries represent the uses of that financing.
The process of recording each transaction twice - as an asset and
a liability - in order to be able to set out balances showing the
financial state of the business at a particular moment in time.
Financial Information System with
Finacle

20. The accounts section staff records this entries as follows:
Type TM IN MENU OPTION AND PRESS ENTER
TYPE A AND PRESS F4
type T/bi and press F4
type the account number(advertisement) and press F4
type the amount (10,000)and press F4
Type D and press F4
Type the narration Why the advertisement account was debited
and Press F4.
Press down arrow and continue credit transactions as same
type the account number(Debtor’s a/c) and press F4
type the amount (10,000)and press F4
Type C and press F4
Type the narration Why the debtor’s account was credited
and Press F10.
Now DC number is generated which is reference number for this transaction.
Financial Information System with
Finacle

21. Transaction Maintenance in Finacle

22. At the beginning of the day, the head teller distributes certain
amount to every cash teller. The inward cash and outward cash are
recorded by every cash teller
Head teller can access to every transaction that has been recorded
by tellers. At the end of the day the head teller counts the cash-in-
hand in each teller and matches the amount with the total balance
of the teller’s account.
Go to Menu and type FTR
Type Gen and then User ID
Type DATE and TIME
Type Print.
Transaction list of that day is printed. The total balance in list is
matched with Cash-in-hand.
Balance Day Adjustments

23. Process of Generating the Report
The reports can be created through ‘REPORT
SERVER’.
Menu Option - MISREP, Enter
Put in ‘Report Class’ - RETAIL. Press F4
Press TAB or enter to go to next field.
Put RTLDOC and enter to go to next field
Put SCHEME CODE and F4
System will generate report in ‘Background’
Go to main menu and put ‘ PR’ and enter.
Then view or take printout accordingly.
Note : Ensure ILINK in open status.
Process of Report Generation

24. Process of Report Generation

25. Process of Report Generation

26. Office Accounting Professional 2009
SAP ERP Financials
Tally 9: Financial Accounting and Inventory
Management Software
Flexcube – ‘i-flex solutions’
Hyperion Financial Management - System 9
Other Available Alternatives