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Implementing Cloud Financials: From Empty Pod to Go-Live · Module 12 · Financial Reporting

Four tools, one question

Lesson 114 of 153 · 1 min · Free preview

Clients ask for "a report" without specifying, and choosing the wrong tool means building the same thing twice. This lesson exists so that choice takes under a minute. Financial Reporting Center: formatted statutory statements from ledger balances — balance sheet, P&L, cash flow. It reads the balances cube. Smart View: spreadsheet-based ad-hoc analysis against the same cube, for the analyst who wants to slice. Operational analytics: transaction-level, real time, self-service — "show me open invoices by supplier". Pixel-perfect reporting: documents with an exact layout — customer invoices, cheques, remittance advice, statutory forms. The flowchart: a formatted financial statement from balances goes to Financial Reporting Center; an analyst who wants to explore in Excel goes to Smart View; transaction detail in real time goes to operational analytics; and must-print-exactly-like-this, going to a third party, goes to pixel-perfect. Balances versus transactions is the dividing line that matters most. The first two read

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In this module: Module 12 · Financial Reporting

  1. 1Four tools, one questionFree preview
  2. 2The balances cube
  3. 3Account inquiry and account groups
  4. 4Folders, permissions and connections
  5. 5Building a balance sheet
  6. 6Building a P&L with comparatives
  7. 7Smart View for ad-hoc analysis
  8. 8Operational reporting and dashboards
  9. 9What breaks
  10. 10Lab: build the CFO pack