Creating Financial Statements with Statistical Information
You can use statistical accounts in financial statements to compare important non-financial data to related financial data for measuring such things as productivity and controlling costs. Some examples of analytical measures that can be used are as follows:
Statistical | Measured Against | To Compute Ratios Of |
---|---|---|
# of lbs shipped | Expenses | Expenses to lbs. |
# of units shipped | Expenses | Expenses to units |
# of shipments | Freight Expense | Freight to shipments |
# of employees | Revenue | Revenue to employees |
# of customers | Revenue | Revenue to customers |
- Define your financial statement(s) layout using the Financial Statement Definition form.
- Identify the statistical accounts to display on the financial report.
- Select and print the desired financial report.