Creating Financial Statements with Statistical Information

You can use statistical accounts in financial statements to compare important non-financial data to related financial data for measuring such things as productivity and controlling costs. Some examples of analytical measures that can be used are as follows:

Statistical Measured Against    To Compute Ratios Of
# of lbs shipped Expenses Expenses to lbs.
# of units shipped Expenses Expenses to units
# of shipments Freight Expense Freight to shipments
# of employees Revenue Revenue to employees
# of customers Revenue Revenue to customers
  1. Define your financial statement(s) layout using the Financial Statement Definition form.
  2. Identify the statistical accounts to display on the financial report.
  3. Select and print the desired financial report.

Related Topics

General Ledger Steps