Financial Statements & Reports

A financial statement generator allows you to define flexible financial or management reports using account balance, unit balance, foreign balance, and/or budget data, or source and use data for a Statement of Cash Flows. Financial Statements can optionally include information about summary accounts. Because General Ledger is updated with each posting procedure throughout the system, financial statements with current information are always available.

The Financial Statement generator offers sophisticated 13-column totalling and formatting capabilities, automatic period updating, and cost/profit center reporting. Arithmetic operations are permitted based upon defined column data. In comparative statements, horizontal and vertical percentages may be calculated.

Multiple printed statements can be created from a single format definition by attaching print parameters to a format and storing the combined format and print parameters. Print parameters include accounting period, account components, rounding selections, data format options, types of data to be accessed, and calculations or analyses to be performed.

An intercompany processing utility allows you to combine general ledgers from multiple companies for the purpose of printing consolidated financial statements. This utility permits the combination of account balance, unit balance, foreign balance, and/or budget records.