Balance comparison statement

You access this report by clicking the heading of the Assets, Assets and Liabilities, or Liabilities panes in the Finance Dashboard.

See Finance Dashboard.

This report displays, under separate headings, the Asset items of the selected taxonomy and the Liability items. The statement compares the Actual to date figures for the two months selected in the Finance dashboard. By default, these are the previous month and the month prior to it. Total assets and liabilities in the compared periods are displayed.

The variance between the values for the compared months is displayed as an absolute value, as a percentage and as a bar chart. The percentage variation represents the shortfall of the actual results against budget. For example, if the budget is 100 and the actual is 80, the percentage variation is -20%.

Analysis dimensions are used both to filter the list of codes displayed and to analyze individual codes in that list. For example, if you have analysis dimensions that represent business units or cost centers, you might display only codes which relate to a particular business unit or cost center and then analyze individual codes by business unit, or by cost center.

If you click an account, you are prompted to select the dimension by which to analyze it. Either the Analysis Dimensions Comparison report or the Analysis Dimensions Trend report is displayed, depending on whether you are in one of the Finance comparison reports, or one of the Finance trend reports.

To filter the list of codes, click Select analysis dimensions and select up to ten dimensions. By default, the default element of each dimension is selected. Typically, the default element is the "All" element. To filter the list of codes as required, select elements from each dimension.

In the Time Settings dialog you can change the periods and versions (Actuals or Budgets) which are compared. To display the Time Settings dialog click Edit time settings in the table heading.

See Time Settings.

In the Settings dialog, you can select a different Company, Currency Type, Taxonomy, Expense Method and Currency Scaling. English is currently the only language supported.

See Settings.

To display the Edit Settings dialog, click Edit settings in the report heading.

Linked report: Balance trend statement.

Click the Trend tab.