Profit and loss report – layout req, with country-specific accounting standards or IFRS

Requirement

All registered companies must produce a profit and loss report, or an income statement, and send it to the government.

M3 solution

With the M3 Financial Report Generator module (RGR), any type of official report can be formatted and produced from M3 General Ledger. The same reports can also be saved and used to provide the same information as an M3 online enquiry.

In this country, a specific layout is required for this report, according to the country-specific accounting standards or the IFRS standards. This specific layout is supported by the M3 Financial Report Generator Module (RGR).

Reporting for another financial reporting legislation, for example the US GAAP, can be defined in parallel.

Configuration guidelines


Program ID	Program name	Description or comment
GLS690	GL Balance File Key. Open	Eight predefined balance keys exist, but you can create others as required for your business.
MNS204	Output Service Selection. Open	Create a record for the RGS655PF output file that is created by the report generator. Set the Layout field to A4.
RGS600	Report. Open
RGS610 RGS620 RGS630	Column. Open Lines. Open Cell. Open
RGS010	User. Open for Report Distribution
RGS220	User. Display for Report Distribution	Configure the online display of formatted reports.