Consolidated Financial Reports

User can create a group of consolidated reports and run these reports in a way that could compare the data in the different reports. Note that for the reports to work in the setup, the reports being compared must have the exact same number of lines; whichever one you add first; the system will not allow the next selections of reports unless their line count matches the first one. Each comparison report should have the exact same lines on it and in the same order for this to work correctly as intended. This is meant for accountants who have departmental reports and want to combine them into a single report.

Consolidated Financial Report Setup

Navigate to the menu Financial Reports -> Consolidated Financial Report Setup.

Click on the + icon to create a new consolidated report. Enter the report ID you would like to use to reference this consolidated report.

Click on OK and you will be directed to enter the parameters of the comparison report.

Choose the users who will be allowed to view this report by checking the boxes corresponding to each name.

Enter the decimal display you would like.

Enter the description of the report on one or both lines. In the “Selected Reports” section, check the boxes for the reports you want to display for comparison purposes and click the + sign.

The system allows you to enter a description per report and will default the number of lines per report as well as the report description already attached to that report.

When finished, click the “Save” button.

Consolidated Report View

Navigate to the menu Financial Reports -> Consolidated Financial Reports. Choose the report to run from the drop-down menu and choose report period.

Note that for the balance sheets type of reports, the financial period is the only variable field. But for the profit and loss reports, you can also choose to run the report based on budget or forecast values.