What is a Consolidated Accounts Receivable Report?

Consolidated Accounts Receivable (AR) reports are considered month-end consolidation tools and are often used by accountants to get a summarized picture of receivables from the company’s customers. Key functionality in this type of report shows the consolidated accounts receivable (AR) amounts by customer on the first tab, and AR by subsidiary in the following tabs. Each row in the report can be expanded to see individual receivables transactions by customer. You will find an example of this type of report below.

Purpose of Consolidated Accounts Receivable Reports

Companies and organizations use Consolidated Accounts Receivable Reports to easily review the total outstanding amount they have with each customer. When used as part of good business practices in a Finance & Accounting Department, a company can improve its liquidity, as well as, mitigating customers flagged as “high risk” level or unpaying.

Consolidated Accounts Receivable Report Example

Here is an example of a Consolidated Accounts Receivable Report.

Consolidated Accounts Receivable (AR) Report Example

Consolidated Accounts Receivable (AR) Report Example

You can find hundreds of additional examples here.

Who Uses This Type of Report?

The typical users of this type of report are: Group Controllers and Accountants.

Other Reports Often Used in Conjunction with Consolidated Accounts Receivable Reports

Progressive Finance & Accounting Departments sometimes use several different Consolidated Accounts Receivable Reports, along with AR Aging reports, consolidated accounts payable reports, sales reports 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 corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples