Government – Monthly Fund Statement

What is a Monthly Fund Report? Monthly Fund Statements are considered period end financial statements and are used by government controllers and accountants to review revenues, expenditures and remaining balances by fund. Some of the main functionality in this type of financial report is that it is parameter driven and the user can run it for any year/period and fund. Typical columns in the report include: 1) Adopted budget, 2) Amended budget, 3) Month-do-date (MTD) actual, 4) Year-to-date (YTD) actual, 5)Balance, and 6) Percent remaining (available). The rows list revenues and expenses by account as well as the balance. You find an example of this type of financial report below.

Purpose of Monthly Fund Statements Public Sector organizations use Monthly Fund Statements to provide managers with a clear picture of the current financial status for each fund. When used as part of good business practices in Accounting departments, a government entity can improve its fund reporting and analysis, and it can reduce the chances that actual results deviate more than expected from budgets.

Who Uses This Type of Financial report? The typical users of this type of financial report are: CFOs, controllers, accountants, executives. Other Reports Often Used in Conjunction with Monthly Fund Statements Progressive Accounting departments sometimes use several different Monthly Fund Statements, along with cash flow statements, balance sheets, sources and uses of funds, fund dashboards, trial balances, annual budget models and other management and control tools.

Where Does the Data for Analysis Originate From? The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others. In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional xFP&A solutions.

Built for government finance teams and aligned with Solver's xFP&A platform, this Solver report template connects directly to your ERP data via the Solver Data Warehouse, enabling near real-time analysis with minimal setup. Designed for QuickStart deployment, it can be activated rapidly so your team can focus on analysis and decisions — not data preparation.

What is the Government – Monthly Fund Statement in Solver? The Government – Monthly Fund Statement is a pre-built xFP&A report template in Solver designed for government organizations. It delivers key financial and operational metrics in a single, easy-to-use interface — purpose-built for government finance workflows.

Who uses this Solver report template? This template is primarily used by CFOs, controllers, and public sector finance teams in government organizations who need accurate, timely data to support planning, reporting, and decision-making. It is particularly valuable for government finance teams managing budgets, forecasts, and performance reviews.

Where does the data come from? Data is sourced automatically from your ERP system through the Solver Data Warehouse, which integrates with platforms such as Microsoft Dynamics 365 Business Central, Dynamics 365 Finance, Acumatica, Sage Intacct, and other leading ERP solutions. Once connected, the template updates in near real-time with no manual data entry required.

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