Financial Reporting in Automotive Industry
Apart from that, users can also view figures in both quantities, as well as accounts. Most importantly, comparisons can be made by budget along with periods. In order to acquire indicators of the performance of the company, the figures just needs to be placed in to a formula.
Dimension based analysis
If you filter on dimensions, you will be able to put the entire reporting function of the account schedules through a major extension. This is basically meant to help in the creation of financial reports as per their dimensions. These include:
- Expense centers
- Employees etc.
Analysis capabilities of financial reporting are heavily reliant upon the General Ledger accounts, cash flow accounts and cost types.
The user can also export the acquired analysis view to Microsoft Excel. This way, it will be easier for the said information to be shared with external parties that cannot access the system. In order to products a graphical analysis view, it is highly recommended for the Excel chart functionality to be utilized.