Introducing the Extended Financial Reports module

  • 21/03/2024
  • 3 minutes to read

With the Extended Financial Reports module, you can streamline your year-end procedures and simplify the financial reporting process. It provides accurate accounting schedules and comprehensive finance reports that will help you gain a deeper understanding of your business's financial health. The Extended Financial Reports module is a part of Continia Finance. It offers several useful features for businesses that use account schedules in Business Central, giving you the possibility to create flexible financial reports:

  • Balance - set up G/L account groups, assign accounts to schedule lines, manage asset/liability items, and ensure accurate vendor and customer displays.
  • Accounting proof - print proof for lines with account totals, conduct plausibility checks, and customize column layouts.
  • Total-Balance lists - access lists for G/L accounts, debtors, and creditors in an extended layout, with filter options and Excel output.
  • Sales VAT - generate summarized Sales VAT notifications. Possibility to generate VAT entries accounting proof at any time.
  • Purchase VAT handling - resolve issues related to purchase VAT deduction, ensure correct mapping of VAT entries, and manage VAT in sales and purchases.

Additionally, the module provides enhanced capabilities for efficiently managing and analyzing G/L accounts, customer accounts, and vendor accounts. It offers the following key functionalities:

  • Optimized display - access a comprehensive view of entries for each G/L account, ensuring easy navigation and efficient data management.
  • Open entry focus - clearer display of open entries for G/L accounts, customer accounts, and vendor accounts, improving your ability to track outstanding transactions.
  • Comprehensive reporting - generate optimized reports that present open entries for customers and vendors, simplifying financial analysis and reporting tasks.
  • Entry comments - use comments to enhance the clarity and context of entries within your G/L, customer, and vendor accounts.