Creating Statistical Accounts

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

The following are the steps you must perform to use statistical accounts:

Enter a statistical account on the Chart of Accounts form.
Enter statistical information on the Chart of Accounts - Budget and Plan form. This information should record the amount of change during the current period.
After you have set up your statistical accounts and entered information on the Chart of Accounts - Budget and Plan form, you can then use these accounts to create financial statement ratios to view this statistical information.