Workbenches

General Ledger

The general ledger is the basis for many management reports. It often contains enormous amounts of data, because any transaction with a financial consequence ends up as a journal voucher in the general ledger.

The General Ledger Workbench (tfgld8350m000) has been added to analyze the data for the identification of anomalies and outliers. It enables users to drill down from the parent ledger account to the original transaction.

The workbench supports these features to analyze the general ledger:

  • Compare the figures of the current period with the previous period.
  • Compare the figures of the current period with the financial budget of that period.
  • Compare the figures up to and including the current period with the same period of the previous year.
  • Compare the figures up to and including the current period with the same period range of the budget.
  • Show the variances of the compared data in amounts or percentages.
  • Start from the totals on the top level parent ledger account or dimension code, and then drill down to the financial transaction lines or the originating logistic transaction.
  • Set thresholds by using easy filtering to find areas that require attention.