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Update app.py
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app.py
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@@ -1,127 +1,13 @@
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import pandas as pd
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import gradio as gr
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# Sample account mapping for the trial balance accounts
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account_mapping = {
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'Revenue': 'Revenue',
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'Sales': 'Revenue',
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'Cost of Sales': 'Cost of Sales',
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'COGS': 'Cost of Sales',
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'Operating Expenses': 'Operating Expenses',
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'Selling': 'Operating Expenses',
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'Administrative': 'Operating Expenses',
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'Finance Costs': 'Finance Costs',
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'Interest Expense': 'Finance Costs',
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'Tax Expense': 'Tax Expense',
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'Income Tax': 'Tax Expense',
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'Assets': 'Assets',
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'Liability': 'Liabilities',
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'Equity': 'Equity'
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}
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def map_account_category(account_name):
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for key, value in account_mapping.items():
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if key.lower() in account_name.lower():
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return value
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return 'Other'
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def generate_financial_statements(file):
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try:
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df = pd.read_excel(file)
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print("File read successfully.")
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except Exception as e:
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return f"Error reading the file: {e}", None
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#
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if not all(col in df.columns for col in required_columns):
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return "Invalid file format. Please ensure the columns are 'Account' and 'Balance'.", None
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try:
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# Ensure that 'Account' column has no NaN and is treated as string
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df['Account'] = df['Account'].astype(str).fillna('')
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# Convert values in the 'Balance' column to thousands (000)
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df['Balance'] = df['Balance'] / 1000
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# Apply account mapping to categorize accounts
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df['Category'] = df['Account'].apply(map_account_category)
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# Income Statement calculation based on categories
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revenue = df[df['Category'] == 'Revenue']['Balance'].sum()
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cost_of_sales = df[df['Category'] == 'Cost of Sales']['Balance'].sum()
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gross_profit = revenue - cost_of_sales
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other_income = df[df['Category'] == 'Other']['Balance'].sum()
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operating_expenses = df[df['Category'] == 'Operating Expenses']['Balance'].sum()
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operating_profit = gross_profit + other_income - operating_expenses
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finance_costs = df[df['Category'] == 'Finance Costs']['Balance'].sum()
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profit_before_tax = operating_profit - finance_costs
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tax_expense = df[df['Category'] == 'Tax Expense']['Balance'].sum()
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profit_for_the_year = profit_before_tax - tax_expense
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# Generate the income statement with formatting
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income_statement = f"""
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INCOME STATEMENT (in 000s)
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Revenue: {revenue:,.2f}
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Cost of Sales: ({cost_of_sales:,.2f})
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------------------------------------------------
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Gross Profit: {gross_profit:,.2f}
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Other Income: {other_income:,.2f}
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Operating Expenses: ({operating_expenses:,.2f})
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------------------------------------------------
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Operating Profit: {operating_profit:,.2f}
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Finance Costs: ({finance_costs:,.2f})
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------------------------------------------------
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Profit Before Tax: {profit_before_tax:,.2f}
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Tax Expense: ({tax_expense:,.2f})
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------------------------------------------------
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Profit for the Year: {profit_for_the_year:,.2f}
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"""
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print("Income Statement created.")
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# Create Balance Sheet - Filter for Asset, Liability, or Equity Accounts
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balance_sheet = df[df['Category'].isin(['Assets', 'Liabilities', 'Equity'])].copy()
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balance_sheet_summary = balance_sheet.groupby('Category').agg({'Balance': 'sum'}).reset_index()
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print("Balance Sheet created.")
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return income_statement, balance_sheet_summary.to_string(index=False)
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except Exception as e:
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return f"Error while processing the data: {e}", None
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# Gradio interface
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def gradio_interface(file):
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print("Processing file...")
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income_statement, balance_sheet = generate_financial_statements(file)
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if income_statement is None or balance_sheet is None:
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return income_statement or "An error occurred", balance_sheet or ""
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print("Processing complete.")
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return income_statement, balance_sheet
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# Set up Gradio interface
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iface = gr.Interface(
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fn=gradio_interface,
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inputs=gr.File(label="Upload Trial Balance Excel File"),
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outputs=[
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gr.Textbox(label="Income Statement", lines=20),
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gr.Textbox(label="Balance Sheet", lines=10)
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],
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title="Financial Statement Generator",
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description="Upload a trial balance Excel file to generate an Income Statement (in 000) and a Balance Sheet."
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)
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# Launch the Gradio app
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if __name__ == "__main__":
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iface.launch(share=True)
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import pandas as pd
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import gradio as gr
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def generate_financial_statements(file):
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try:
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# Try reading the Excel file with only relevant columns to reduce overhead
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df = pd.read_excel(file, usecols=['Account', 'Balance'], nrows=1000)
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print("File read successfully.")
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except Exception as e:
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return f"Error reading the file: {e}", None
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# Continue with the previous logic, now optimized
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# (Rest of the code remains the same, including the mapping logic)
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