This chapter contains these topics:
To produce financial reports
To understand the data on the reports
To identify which reports your organization needs
In most businesses, the accounting department or controller's office is required to produce certain financial reports on a regular basis. Typically, these reports are produced at the end of a period or fiscal year.
Working with financial reports consists of:
Printing simple financial reports
Defining and printing consolidated financial reports
Printing monthly spreadsheets
Printing analysis reports
Forecasting G/L cash flow
The following describes the features of financial reports.
Financial reports combine information from the Business Unit Master (F0006) and Account Master (F0901) in a logical join table (F1011). When you specify the data and sequence for a report, the system retrieves information from the Financial Reporting and Account Balances tables.