Balance sheet report – no layout req, but local GAAP or IFRS must be used

Requirement

All registered companies must produce an annual return, which includes a balance sheet report that must be sent to the government.

In this country, no specific layout is required for this report, but the local GAAP or the IFRS standards must be used.

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.

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
RGR Module	Report Generator	As for the Profit and Loss report