Financial Statement Setup

You can define your own financial statements that best suit your reporting needs. To specify the content and format of a statement, use the Financial Statement Definition form, along with the Financial Statement Definition Columns form and the Financial Statement Line Definition form.

Designing Your Financial Statement

Financial statement design consists of two major sections:

Report Columns
Report Totals

To design the statements, you use four major functions:

Copying sections of reports
Resequencing lines
Automatically generating accounts
Automatically setting ratio and subtotal levels

You must enter information for the report, such as:

Headers and titles
The columns in which to calculate and/or print amounts
The account numbers for which amounts will be printed
Descriptive text

You also must decide:

Whether or not to print ratios, and if so, where
When to print totals

It is best to lay out the reports on paper before attempting to define them. Remember to leave enough room to print all the desired amount and ratio columns, because the system does not perform this task automatically.