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Example of a Consolidating Profit & Loss Report to Streamline the Monthly Reporting Process

How can Financial Statements Drive Faster and Better Decisions?

As Corporate Controllers increasingly become key advisors and innovators in the Monthly Reporting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Financial Statements like the Consolidating Profit & loss Report template shown below enables them and users from the parent company management teams to monitor near real time profit & loss (P&L) detail and profitability metrics that help drive faster and better decisions.

Who uses Consolidating Profit & Loss Reports and What are Some Key Analytical Features?

In today’s fast-paced business environment, Corporate Controllers are under high pressure to supply end users like executives and finance managers with timely and concise Financial Statements. Companies use key features like the ones below to support their users with effective analysis that helps drive corporate headquarter decisions:

  • Dynamic listing across columns of the selected subsidiaries
  • Expandable rows by GL account category and account
  • Variance analysis in amount and percent, and with indicators

The Consolidating Profit & Loss Report template can be used as a key element of the Monthly Reporting process:

Example of a Consolidating Profit & Loss Report to Streamline the Monthly Reporting Process

Example of a Consolidating Profit & Loss Report to Streamline the Monthly Reporting Process

The Consolidating Profit & Loss Report is a ready-to-use Financial Statement from the Solver Marketplace.

A Brief Description of the Consolidating Profit & loss Report Template

Financial Statements like the one seen in the image above are interactive and parameter driven and typically contain sections with professionally formatted P&L layout with automated narrative. One of the important features that aid the user in the analysis process is the ability to easily view subsidiaries side-by-side with consolidated totals. Consolidating Profit & Loss Reports are often used in conjunction with consolidating balance sheet reports, profit & loss and KPI dashboards, and revenue and expense budget models.

Data Integration to Transaction Systems

Most organizations these days want automated and streamlined planning, reporting and analysis. However, many of the benefits described earlier rely on best of breed Corporate Performance Management (CPM) tools and/or Business Intelligence (BI) capabilities as well as data marts or data warehouses that use pre-built integrations to the organization’s ERP system. Oftentimes, they also need integrations to other key data sources like CRM, subscription systems, payroll tools, etc.

Modern, cloud-based ERPs like Microsoft Dynamics 365 Finance (D365 Finance), Microsoft Dynamics 365 Business Central (D365 BC), Sage Intacct, Acumatica, Netsuite and SAP have robust APIs which allow for dynamic integrations to CPM and BI tools that are fully automated and flexible to run on a schedule or on-demand.

Additional Resources to Aid with Research of Templates, CPM and BI Tools

Example of a Consolidating Balance Sheet Report to Streamline the Monthly Reporting Process

How can Financial Statements Drive Faster and Better Decisions?

As Corporate Controllers increasingly become key advisors and innovators in the Monthly Reporting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Financial Statements like the Consolidating Balance Sheet Report template shown below enables them and users from the parent company leader teams to experience near real time balance sheet metrics and results that help drive faster and better decisions.

Who uses Consolidating Balance Sheet Reports and What are Some Key Analytical Features?

In today’s fast-paced business environment, Corporate Controllers are under high pressure to supply end users like executive teams with timely and concise Financial Statements. Companies use key features like the ones below to support their users with effective analysis that helps drive corporate headquarter decisions:

  • Dynamic listing across columns of the selected subsidiaries
  • Expandable rows by GL account category and account
  • Variance analysis in amount and percent, and with indicators

The Consolidating Balance Sheet Report template can be used as a key element of the Monthly Reporting process:

Example of a Consolidating Balance Sheet Report to Streamline the Monthly Reporting Process

Example of a Consolidating Balance Sheet Report to Streamline the Monthly Reporting Process

The Consolidating Balance Sheet Report is a ready-to-use Financial Statement from the Solver Marketplace.

A Brief Description of the Consolidating Balance Sheet Report Template

Financial Statements like the one seen in the image above are interactive and parameter driven and typically contain sections with professionally formatted balance sheet layout and automated narrative. One of the important features that aid the user in the analysis process is the ability to easily see a side-by-side view of subsidiaries with consolidated totals. Consolidating Balance Sheet Reports are often used in conjunction with consolidating profit & loss and cash flow reports, balance sheet and KPI dashboards, and cash flow budget models.

Data Integration to Transaction Systems

Most organizations these days want automated and streamlined planning, reporting and analysis. However, many of the benefits described earlier rely on best of breed Corporate Performance Management (CPM) tools and/or Business Intelligence (BI) capabilities as well as data marts or data warehouses that use pre-built integrations to the organization’s ERP system. Oftentimes, they also need integrations to other key data sources like CRM, subscription systems, payroll tools, etc.

Modern, cloud-based ERPs like Microsoft Dynamics 365 Finance (D365 Finance), Microsoft Dynamics 365 Business Central (D365 BC), Sage Intacct, Acumatica, Netsuite and SAP have robust APIs which allow for dynamic integrations to CPM and BI tools that are fully automated and flexible to run on a schedule or on-demand.

Additional Resources to Aid with Research of Templates, CPM and BI Tools

Example of a KPI Comparison Dashboard to Streamline the Monthly Reporting Process

How can Financial Dashboards Drive Faster and Better Decisions?

As CFOs increasingly become key advisors in the Monthly Reporting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Financial Dashboards like the KPI Comparison Dashboard template shown below enables them and users from the executive team and board to experience near real time Key Performance Indicators (KPI) compared across business units that help drive faster and better decisions.

Who uses KPI Comparison Dashboards and What are Some Key Analytical Features?

In today’s fast-paced business environment, CFOs are under high pressure to supply end users like senior leaders and board members with timely and concise Financial Dashboards. Companies use key features like the ones below to support their users with effective analysis that helps drive strategy and performance optimization:

  • Comparative tables with Revenue, Gross Profit, EBITDA, Current Ratio, Debt to Asset Ratio and Debt to Equity Ratio
  • Profit & Loss and Balance Sheet KPI charts comparing subsidiaries
  • EBITDA contribution analysis

The KPI Comparison Dashboard template can be used as a key element of the Monthly Reporting process:

Example of a KPI Comparison Dashboard to Streamline the Monthly Reporting Process

Example of a KPI Comparison Dashboard to Streamline the Monthly Reporting Process

The KPI Comparison Dashboard is a ready-to-use Financial Dashboard from the Solver Marketplace.

A Brief Description of the KPI Comparison Dashboard Template

Financial Dashboards like the one seen in the image above are interactive and parameter driven and typically contain sections with tables and charts with P&L and Balance Sheet metrics. One of the important features that aid the user in the analysis process is the ability to benchmark and consolidate KPIs from selected business units. KPI Comparison Dashboards are often used in conjunction with profit & loss and balance sheet financial reports, KPI trend and variance dashboards, KPI target forms and budget models.

Data Integration to Transaction Systems

Most organizations these days want automated and streamlined planning, reporting and analysis. However, many of the benefits described earlier rely on best of breed Corporate Performance Management (CPM) tools and/or Business Intelligence (BI) capabilities as well as data marts or data warehouses that use pre-built integrations to the organization’s ERP system. Oftentimes, they also need integrations to other key data sources like CRM, subscription systems, payroll tools, etc.

Modern, cloud-based ERPs like Microsoft Dynamics 365 Finance (D365 Finance), Microsoft Dynamics 365 Business Central (D365 BC), Sage Intacct, Acumatica, Netsuite and SAP have robust APIs which allow for dynamic integrations to CPM and BI tools that are fully automated and flexible to run on a schedule or on-demand.

Additional Resources to Aid with Research of Templates, CPM and BI Tools

Example of a Balance Sheet Comparison Dashboard to Streamline the Monthly Reporting Process

How can Financial Dashboards Drive Faster and Better Decisions?

As CFOs increasingly become key advisors in the Monthly Reporting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Financial Dashboards like the Balance Sheet Comparison Dashboard template shown below enables them and users from the finance and executive teams to experience near real time asset and liability comparative and consolidated data that help drive faster and better decisions.

Who uses Balance Sheet Comparison Dashboards and What are Some Key Analytical Features?

In today’s fast-paced business environment, CFOs are under high pressure to supply end users like accountants and analysts with timely and concise Financial Dashboards. Companies use key features like the ones below to support their users with effective analysis that helps drive risk control and investment optimization across subsidiaries:

  • Comparative tables with Actual year-to-date (YTD) metrics by GL balance sheet account
  • Stacked column charts by subsidiary
  • Pie charts showing each subsidiary’s share of consolidated Assets and Liabilities

The Balance Sheet Comparison Dashboard template can be used as a key element of the Monthly Reporting process:

Example of a Balance Sheet Comparison Dashboard to Streamline the Monthly Reporting Process

Example of a Balance Sheet Comparison Dashboard to Streamline the Monthly Reporting Process

The Balance Sheet Comparison Dashboard is a ready-to-use Financial Dashboard from the Solver Marketplace.

A Brief Description of the Balance Sheet Comparison Dashboard Template

Financial Dashboards like the one seen in the image above are interactive and parameter driven and typically contain sections with tables and charts with balance sheet account level metrics. One of the important features that aid the user in the analysis process is the ability to easily compare current and non-current Assets and Liabilities between subsidiaries. Balance Sheet Comparison Dashboards are often used in conjunction with balance sheet trend and variance dashboards, KPI dashboards, balance sheet and cash flow reports, and cash flow and balance sheet budget models.

Data Integration to Transaction Systems

Most organizations these days want automated and streamlined planning, reporting and analysis. However, many of the benefits described earlier rely on best of breed Corporate Performance Management (CPM) tools and/or Business Intelligence (BI) capabilities as well as data marts or data warehouses that use pre-built integrations to the organization’s ERP system. Oftentimes, they also need integrations to other key data sources like CRM, subscription systems, payroll tools, etc.

Modern, cloud-based ERPs like Microsoft Dynamics 365 Finance (D365 Finance), Microsoft Dynamics 365 Business Central (D365 BC), Sage Intacct, Acumatica, Netsuite and SAP have robust APIs which allow for dynamic integrations to CPM and BI tools that are fully automated and flexible to run on a schedule or on-demand.

Additional Resources to Aid with Research of Templates, CPM and BI Tools

Example of a Profitability Comparison Dashboard to Streamline the Monthly Reporting Process

How can Financial Dashboards Drive Faster and Better Decisions?

As CFOs increasingly become key advisors in the Monthly Reporting Process, they must rely on modern self-service corporate performance management (CPM) and business intelligence (BI) tools. Using interactive Financial Dashboards like the Profitability Comparison Dashboard template shown below enables them and users from the executive team and board to experience near real time profitability metrics that help drive faster and better decisions.

Who uses Profitability Comparison Dashboards and What are Some Key Analytical Features?

In today’s fast-paced business environment CFOs are under high pressure to supply end users like senior leaders and board members with timely and concise Financial Dashboards. Companies use key features like the ones below to support their users with effective analysis that helps drive profit maximization and growth tactics:

  • Comparative tables with Actual and Budget margins for Gross Profit, EBITDA, and Net Profit
  • Waterfall charts showing profit metrics by subsidiary and consolidated
  • Graphical comparison of Gross Profit vs Net Profit for Actual and Budget figures

The Profitability Comparison Dashboard template can be used as a key element of the Monthly Reporting process:

Example of a Profitability Comparison Dashboard to Streamline the Monthly Reporting Process

Example of a Profitability Comparison Dashboard to Streamline the Monthly Reporting Process

The Profitability Comparison Dashboard is a ready-to-use Financial Dashboard from the Solver Marketplace.

A Brief Description of the Profitability Comparison Dashboard Template

Financial Dashboards like the one seen in the image above are interactive and parameter driven and typically contain sections with tables and charts with profit-related metrics. One of the important features that aid the user in the analysis process is the ability to easily compare Gross Profit, Net Profit and EBITDA across selected subsidiaries. Profitability Comparison Dashboards are often used in conjunction with profit trend and variance dashboards, KPI dashboards, profit & loss reports, and budget models.

Data Integration to Transaction Systems

Most organizations these days want automated and streamlined planning, reporting and analysis. However, many of the benefits described earlier rely on best of breed Corporate Performance Management (CPM) tools and/or Business Intelligence (BI) capabilities as well as data marts or data warehouses that use pre-built integrations to the organization’s ERP system. Oftentimes, they also need integrations to other key data sources like CRM, subscription systems, payroll tools, etc.

Modern, cloud-based ERPs like Microsoft Dynamics 365 Finance (D365 Finance), Microsoft Dynamics 365 Business Central (D365 BC), Sage Intacct, Acumatica, Netsuite and SAP have robust APIs which allow for dynamic integrations to CPM and BI tools that are fully automated and flexible to run on a schedule or on-demand.

Additional Resources to Aid with Research of Templates, CPM and BI Tools

Example of a Consolidating Profit & Loss Report for Events and Venues

What is a Consolidating Profit & Loss Report for Events and Venues?

Consolidating Profit & Loss (P&L) reports are considered key performance analysis tools and are used by CFOs and executives to compare and benchmark profitability across events and to see the consolidated results for all events. Some of the main functionality in this type of roll-up report is that it dynamically lists all chosen event categories across the columns with a consolidated total in the far right column. The user can click on any of the tabs at the bottom of the report and see how each individual event consolidate up to the category they belong to on the main report page. Based on the event categories the user selects when running the report, both the summary page and the detailed tabs dynamically adapt. You find an example of this type of roll-up report below.

Purpose of Consolidating Profit & Loss Event Reports

Venues and sports organizations use Consolidating Profit & Loss Event Reports to give managers a clear picture of margins and profitability across all events in one or multiple venues. When used as part of good business practices in Executive and Financial Planning & Analysis (FP&A) departments, a company can improve its strategic decisions and related profitability, and it can reduce the chances that leaders make slow or inferior decisions due to lack of a complete financial picture.

Example of a Consolidating Profit & Loss Event Report

Here is an example of a Consolidating Profit & Loss Report with a summary tab (seen below) by event category and detailed tabs showing individual events within each category.

Example of a Consolidating Profit & Loss Report for Events and Venues

Example of a Consolidating Profit & Loss Report for Events and Venues

 

You can find hundreds of additional examples here

Who Uses This Type of Roll-up report?

The typical users of this type of roll-up report are: financial executives, board members, management teams.

Other Reports Often Used in Conjunction with Consolidating Profit & Loss Event Reports

Progressive Executive and Financial Planning & Analysis (FP&A) departments sometimes use several different Consolidating Profit & Loss Event Reports, along with balance sheets, cash flow statements, KPI reports, financial dashboards, annual budgets and forecasts, benchmarking 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 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

Higher Education Reporting - Intercampus Matching Report Example

What is an Intercampus Matching Report?

Intercampus Matching Reports are considered month end closing tools  and are used by accountants to automate the reconciliation of eliminations of financial transactions when campuses lend, borrow, buy or sell to each other. Some of the main functionality in this type of matching report is that it automatically matches monthly intercampus transactions. For each “due to” and “due from” account pair, the report shows a total with a green color if there is a complete match and a red color if there is a difference. You find an example of this type of matching report below.

Purpose of Intercampus Matching Reports

Universities and colleges use Intercampus Matching Reports to automatically match internal transactions between their campuses. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, a higher education institution can improve its month end close process, and it can reduce the chances that the there are accounting mistakes when campus financials are consolidated for the entire organization and all its entities.

Intercampus Matching Report Example

Here is an example of an Intercampus Matching Report with Exception Colors and automated reconciliation.

Higher Education Reporting - Intercampus Matching Report Example

Higher Education Reporting – Intercampus Matching Report Example

You can find hundreds of additional examples here

Who Uses This Type of Matching report?

The typical users of this type of matching report are: Financial officers, controllers, accountants.

Other Matching Reports Often Used in Conjunction with Intercampus Matching Reports

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Intercampus Matching Reports, along with  trial balances, consolidating multi-entity reports, sources and uses of funds, balance sheets and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data 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

Example of a Profit & Loss Consolidation Report for a Distribution Company

What is a Profit & Loss Consolidation Report for a Distribution Company?

Profit & loss (P&L) consolidation reports are considered important month-end analysis tools for multi-entity distribution companies and are used by the office of finance to provide executives with a side-by-side and consolidated view of their business units. Some of the main functionality in this type of report is that it dynamically lists subsidiaries across the columns with an aggregate total in the far right column. The user can run the report for any month and scenario (actual, budget or forecast). The rows show account level revenues, expenses and profit figures along with sub-totals. You find an example of this type of report below.

Purpose of Profit & Loss Consolidating Reports

Distribution businesses use Profit & Loss Consolidating Reports to help executives benchmark the financial results of their business units as well as analyze consolidated figures. When used as part of good business practices in Financial Planning & Analysis (FP&A) departments, a company can improve its corporate-level decisions and agility, and it can reduce the chances that individual subsidiary performance issues go unnoticed in corporate meetings or during self-service analysis.

Profit & Loss Consolidating Report Example

Here is an example of a Consolidating Profit & Loss Report.

Example of a Profit & Loss Consolidation Report for a Distribution Company

Example of a Profit & Loss Consolidation Report for a Distribution Company

You can find hundreds of additional examples here

Who Uses This Type of Report?

The typical users of this type of report are: Boards, executive teams, CFOs and controllers.

Other Reports Often Used in Conjunction with Profit & Loss Consolidating Reports

Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Profit & Loss Consolidating Reports, along with  P&L trend reports, balance sheets and cash flow statements, financial KPI 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 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