Nonprofit – Statement of Activities with Narrative

What is a Automated Narrative for Nonprofit Financial Statements? Financial statements with automated narratives are considered modern analysis tools and are used by Board members, CFOs as well as other users and accountants to get an always concise, up-to-date and easy-to-read financial status. Some of the key functionality in this type of combined financial and narrative report is that it typically provides two pages (see tabs at bottom of the image). The first page is an automatically generated narrative that pulls the most essential metrics from the second page, which is an ordinary financial report. You find an example of this type of combined financial and narrative below.

Purpose of Auto-narrative Reports Nonprofits and associations use Auto-narrative Reports to provide highly user-friendly financial updates to managers outside of the accounting department. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, an organization can improve its financial literacy and manager engagement as well as reduce the chances that few people outside of accounting follow and comments on financial performance.

Who Uses This Type of Combined financial and narrative? The typical users of this type of combined financial and narrative are: Executives, department heads, board members. Other Combined financial and narratives Often Used in Conjunction with Auto-narrative Reports Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Auto-narrative Reports, along with balance sheets, statement of activities, statement of cash flows, financial dashboards 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 nonprofit 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 Nonprofit – Statement of Activities with Narrative in Solver? The Nonprofit – Statement of Activities with Narrative is a pre-built xFP&A report template in Solver designed for nonprofit organizations. It delivers key financial and operational metrics in a single, easy-to-use interface — purpose-built for nonprofit finance workflows.

Who uses this Solver report template? Finance leaders at nonprofit organizations — including CFOs, controllers, and nonprofit finance teams — use this template to get fast, reliable answers without waiting on IT or building custom reports. It supports both day-to-day monitoring and strategic decision-making.

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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