General Ledger in Sage 300 ERP includes Financial Reporter – a powerful tool that uses Microsoft Excel to read, manipulate, format and print general ledger data. The Financial Reporter helps retrieve data from General Ledger including transaction and the optional field information. Financial statements use special functions to extract data from the company database. The… Read More »
Bottom line profit is the first thing many investors use to measure a company’s profitability. Bottom line profit indicates to investors, analysts and lenders your company’s net income for the month, quarter or financial year and hence whether you are a profitable investment or not. The reference to “Bottom “describes the relative location of net… Read More »
In our previous blog, we discussed about “Paste Command in Financial Reporter of Sage 300 ERP”. Now, we will discuss about other command options in detail: FR View, FR Clear, FR Options, and FR Drilldown. 1. FR view is used to test the financial statement specifications. It can be find in FR Menu of Financial… Read More »
Financial statements are Excel worksheets with special Sage 300 functions that let us display account balance, currency exchange rates and company financials in wide variety of formats. Each financial statement is defined in a report specification. The specification tells the Financial Reporter what data is to be included in the statement and how it should be formatted. Hence, to print Financial Reports in… Read More »
At the beginning and end of every financial year, half year, quarter and period there is one review that is generally run i.e. comparing Budget vs Actual. May it be the Revenue budgets or expense budgets, comparisons are always made. This comparing not only helps in analyzing the current performance, but also sets the stage… Read More »
Preparing reports directly without any software assistance is generally not an easy task, especially in the absence of an in-house IT support team. Software vendors might not be readily available or external developers might be a costly and unreliable affair to maintain and control. For this sort of uncertainty, Sage 300 ERP (formerly known as… Read More »