How to Fill Out the Annual Financial Report on TerraMatch

This article explains how to access and fill out your organization's Annual Financial Report on TerraMatch.

Financial reporting is required once a year, as determined by your project manager. If you do not have audited financial records at the time of reporting, you may use unaudited management accounts. However, in the next reporting cycle, you will be required to submit your audited statements. 

Financial reporting differs slightly between non-profit organizations and enterprises. Additional indicators are being tracked for enterprises, which you can read more about here. 

Financial Reporting tips and good practices: 

• Regularly update your financial records.
• Cross-check your information with TerraFund templates.
• Seek clarification early if you have any questions.
• Align your financial reporting with your organizational goals.

Follow the steps below to fill out and submit your Financial Report:

Step 1: Log in to TerraMatch and access the Financial Report. 

You can find the report under "My Organization" and the "Financial Information" tab. The report is located in the top right of the "Financial Information" page. To edit it, click the blue "View report” button:

Step 2: Fill out the Report. 

You can start editing the report by clicking on the "Edit" button. 

When you open the report, you will find different sections to fill out. Data from previous submissions might be pre-filled. Please check for accuracy and update the most recent years.

You should ensure that:

• All financial figures are in the correct currency.
• The financial year start month is accurate.
• Figures are correct and clearly documented.
• Any supporting documentation is provided for each year.

The following sections are included in the report:

Non-profit Organizations	Enterprises
Currency, Start Month, Budget by Year: Enter your budget for each year.	Currency, Start Month, Net Profit by Year: Enter your revenue, expenses, and net profit for each year.
-	Current Ratio by Year: Provide your current assets, current liabilities, and the calculated current ratio.
Documentation + Description by Year: Upload supporting documents and add any notes or context about your financial position.	Documentation, Exchange Rate + Description by Year: Upload supporting documents and add any notes or context about your financial position.
Major Funding Sources: List any additional funding you have received since starting TerraFund.	Major Funding Sources: List any additional funding you have received since starting TerraFund.

 Step 3: Submit the Report. 

To do this, press the blue "Submit" button on the final (Review" page of the report. Your WRI project manager (PM) will review the report, reopen it if they need to request additional details or any changes, and once any issues are resolved, they will approve the report.