Reporting - Entity process
Reporting uses financial statements to show the financial health of an entity during a specific period. This information supports management in considering an entity's future and reveals an entity's profitability and financial stability to capital providers such as creditors or investors.
In the section, these financial statements are used:
- Balance sheet: An overview of an entity's assets, liabilities, and stakeholders' equity in a specific period.
- Income statement: An overview of an entity's expenses and revenue in a specific period.
In Financial Consolidation, all financial data is stored only as YTD. In some reports, for example, in the Entity Income Statement report, you can enable the Current period -1 analysis column, which contains a YTD value of a period prior to the selected period. In a difference column, you can view a periodic value that results from the difference between a prior YTD period and a selected YTD period.
When you click the icon in the toolbar, you can select these options:
- : Rows that include only zero values are hidden. Not available for the Entity Account Analysis report.
- : An expandable account hierarchy is displayed. Not available for the Entity Account Analysis report.
- : Account totals are displayed at the top of an account list. Not available for the Entity Account Analysis report.
- : Account list is indented. Not available for the Entity Schedules and Entity Account Analysis reports.
- : Select a level from which the account list is expanded. Not available for the Entity Schedules and Entity Account Analysis reports.
- : All accounts in the list are expanded. Not available for the Entity Schedules report.
- : All accounts in the list are collapsed. Not available for the Entity Schedules report.
- : Select the size of the row height. Not available for the Entity Account Analysis report.