Search icon CANCEL
Subscription
0
Cart icon
Your Cart (0 item)
Close icon
You have no products in your basket yet
Save more on your purchases! discount-offer-chevron-icon
Savings automatically calculated. No voucher code required.
Arrow left icon
Explore Products
Best Sellers
New Releases
Books
Videos
Audiobooks
Learning Hub
Free Learning
Arrow right icon
Arrow up icon
GO TO TOP
Compiere 3

You're reading from   Compiere 3 An essential and concise guide to understanding and implementing Compiere.

Arrow left icon
Product type Paperback
Published in Jun 2010
Publisher Packt
ISBN-13 9781849510844
Length 224 pages
Edition 1st Edition
Languages
Arrow right icon
Author (1):
Arrow left icon
Andries L Pretorius Andries L Pretorius
Author Profile Icon Andries L Pretorius
Andries L Pretorius
Arrow right icon
View More author details
Toc

Table of Contents (13) Chapters Close

Compiere 3
Credits
About the author
About the reviewer
1. Preface
1. Evaluating the Compiere System 2. The Initial Compiere Setup FREE CHAPTER 3. Customers and the Sales Process 4. Product and Material Management 5. Procurement Management 6. Compiere Financial Management 7. Advanced Aspects 8. Project Planning for Go-Live and Beyond

Financial reporting


Financial reporting creates the management or control reports for the business. These include Profit/Loss Statements, Balance Sheets, CashFlow statements, or just custom monthly reports that are required.

A Financial Report is made up of the following columns and row sets:

In the Report Column Set, a report column can be defined as:

  • Period balance: A balance for the calendar period

  • Year balance: A balance for the calendar year to date

  • Debit balance: The total of the debit balances

  • Credit balance: The total of the credit balances

  • Calculation: A calculation (addition or, subtraction of columns)

  • Relative to report selection period (0 = indicating current period, [-1 ], [-2 ], [-3], etc. indicating a period before selected period, and [+1] [+2] [+3] etc. indicating a period after selected period)

A Row Set is usually more complex than a Column Set and determines the lines and the source of the report. A line can be:

  • A line segment type that refers to the Accounting Schema elements...

lock icon The rest of the chapter is locked
Register for a free Packt account to unlock a world of extra content!
A free Packt account unlocks extra newsletters, articles, discounted offers, and much more. Start advancing your knowledge today.
Unlock this book and the full library FREE for 7 days
Get unlimited access to 7000+ expert-authored eBooks and videos courses covering every tech area you can think of
Renews at $19.99/month. Cancel anytime
Banner background image