Financial statements

The month’s statements, without waiting for the close.

Income statement and balance sheet, calculated from the general ledger for whatever period you choose, without waiting for anyone to consolidate anything. The direct-method cash flow statement is already calculated; its screen is in development.

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Financial statements · September

IncomeBalance sheetTrial balance

Revenue2,846,300.00Net income933,900.00

Assets6,120,450.00Liabilities + equity6,120,450.00

Period debits8,412,906.40Period credits8,412,906.40

Trial balance in balance

Track record

Part of R2 OS, the hotel operations platformFirst place worldwide in UN Tourism’s rural tourism programCase study at IE University, MadridOperating in twelve countries, from London to Patagonia

How it works

Your signed-off days fill the ledger

Every signed-off day is already a journal entry in the general ledger, with its account and its line.

Choose the period

The income statement by period; the balance sheet as of a date.

Review the trial balance

Opening balance, activity for the period and ending balance, account by account.

What’s included

Income statement by period, with revenue, costs, expenses and net financing result.
Balance sheet as of a date, with assets, liabilities and equity, and current-year earnings and retained earnings where they belong.
Trial balance with opening balance, activity for the period and ending balance.
Account detail: every transaction with its date, its journal entry and its description.

The limit

Statements are produced per hotel. A group with several legal entities sees each entity’s statements; group consolidation is on the way and isn’t presented as a feature available today.

The direct-method cash flow statement (NIF B-2, Mexico’s cash flow standard) is already calculated and ties out to the cash on the balance sheet, but it doesn’t have a screen yet.

Income statementWhat the hotel earned or lost in the month or year to date, by category, calculated from the same general ledger that is delivered to the SAT.Balance sheetWhat the hotel owns and owes at a month end: assets, liabilities and equity, with the year's result in its place and the balance check in plain sight.Cash flow statement, direct methodHow Containn builds the cash flow statement: the direct method of NIF B-2, classified by offsetting account and checked against the balance sheet.

Frequently asked questions

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What about the cash flow statement?

It’s already calculated using the direct method and ties out to the cash on the balance sheet; its screen is in development.

Can I see consolidated statements for my group?

Today statements are produced per hotel. Group consolidation is in development and appears on the roadmap.

Keep exploring

Journal entries and general ledgerOne journal entry per signed-off day, and none that don’t balance.Month-end and year-end closeA closed month is a month that no longer changes.SAT complianceAnnex 24 electronic accounting, from your books.

Start with yesterday.

If your hotel already signs off on its night audit, Containn can post yesterday today. The chart of accounts is set up in one step, the transaction code mapping is done once, and from then on every signed-off day becomes a journal entry.

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