What is a Consolidated Profit & Loss Trend Report?

Consolidated trending reports are considered monthly analysis tools and are used by CFOs and Group Controllers to determine trends in revenues, expenses and profitability. A key functionality in this type of report can present financials for both consolidated and for individual subsidiaries. The periods in the columns are dynamically rolled out to the current month. It is also typical to group the expenses by department. You will find an example of this type of report below.

Purpose of Profit & Loss Monthly Trend Reports

Companies and organizations use Profit & Loss Monthly Trend Reports to easily analyze month-over-month changes for any particular revenue or expense item on their financial statement. When used as part of good business practices in a Finance & Accounting Department, a company can improve its ability to react quicker to trends that are positively or negatively affecting the business, as well as, mitigate the risk that a shift in their environment goes undetected.

Profit & Loss Monthly Trend Report Example

Here is an example of a dynamic Profit & Loss trend report that can be used for consolidations as well as for individual companies.

Consolidated Profit & Loss Monthly Trend Report Example

Consolidated Profit & Loss Monthly Trend 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: Executives, CFOs and Analysts.

Other Reports Often Used in Conjunction with Profit & Loss Monthly Trend Reports

Progressive Finance & Accounting Departments sometimes use several different Profit & Loss Monthly Trend Reports, along with trended balance sheets, cash flow 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