Report Name: General Ledger Overview
Report Number: REP-5003-INT-F
Report Category: Free
Report Type: Interactive
What figures the report shows:
The General Ledger Overview report is a matrix displaying:
- Rows: G/L Accounts (with account numbers and names).
- Columns: Months from a specific posting period (e.g., January to December for a fiscal year).
- Values: Monthly balances from the general ledger for each account.
Here’s what the figures represent:
- Monthly Balances:
- Each cell shows the balance for a particular account at the end of that month.
- Total Row/Column:
- Total column displays the annual total per account.
- Total row display the sum of all rows per month.
- Interpreting Values:
- Positive values might indicate income, inflows, or increasing assets.
- Negative values could represent expenses, outflows, or growing liabilities.
- Drillthrough to Details:
- Right-clicking on any value allows you to select "Drillthrough" to check detailed transactions behind the numbers.
Why this report is useful:
The General Ledger Overview report provides a comprehensive view of all financial transactions recorded in the general ledger, organized by account and month. It helps monitor financial performance over time, track changes in account balances, and identify trends or irregularities.
Customer benefits:
- Financial Transparency: Gain clear insights into monthly movements for each account.
- Quick Analysis: Easily compare balances across months to spot trends.
- Error Detection: Identify discrepancies or unexpected changes in account balances.
- Informed Decision-Making: Support budgeting, forecasting, and financial planning with up-to-date data.
Who might find this report interesting:
- Accountants and Financial Controllers: For closing periods, reconciling accounts, and ensuring accuracy.
- Management: To assess financial health and make strategic decisions.
- Auditors: For reviewing transactions and verifying compliance.
- Business Owners: To understand overall financial performance without needing in-depth accounting knowledge.