Exact Synergy Enterprise

Overview of G/L Balances Per Division

Introduction

At this page, you can view the balances of the general ledger (G/L) accounts on the consolidated financial statements for each child division.

Menu path

Go to Financial/Reports/Financial consolidation/Consolidated balance sheet, define the criteria to view the consolidated financial statements and then click Show to display the consolidated financial statements. Next, click the G/L account hyperlink to view the consolidated balances for each child division. The hyperlink is only available if you are viewing the consolidated financial statements based on the reporting entity’s G/L schema.

Go to Financial/Reports/Financial consolidation/Consolidated profit and loss statement, define the criteria to view the consolidated financial statements and then click Show to display the consolidated financial statements. Next, click the G/L account hyperlink to view the consolidated balances for each child division. The hyperlink is only available if you are viewing the consolidated financial statements based on the reporting entity’s G/L schema.

Roles & rights

To view the consolidated balances per division, function right 45 – View consolidated statement is required. Users with the General manager and Controller roles have this function right.

For more details on what you can do with function rights or levels, go to System/Setup/Security/Function rights, select the required module, and then click on the relevant ID. To find out the functions you can perform with a particular role, go to System/Setup/Security/Roles, type in the description, click Refresh, and then click the required link under the Role column.

Button

Refresh

Click this to update the overview of balances per division based on the criteria you have defined at Show. The Show criteria is described in the following Description section.

Close

Click this to exit.

Description

Reporting entity

This displays the reporting entity you have selected to view its consolidated financial statements. You can click the division link to view the division card of the reporting entity.

G/L

This displays the G/L account which you click on the overview of consolidated financial statements to view the account balances per child division. You can click the G/L link to view the G/L card.

Presentation currency/ Factor

This displays the presentation currency and the factor you have selected to view the consolidated financial statements.

Year/ Period

This displays the financial year and periods of the reporting entity you have defined to view the consolidated financial statements.

Show

Select Summary to view the balances per child division in a summary view or Details to view the balances per child division in a detailed view. In the summary view, results will show the total account balances of each child division after taking into account of the translation and elimination entries. As for the detailed view, results will show the amount of translation and elimination entries for each child division. Click the elimination entries amount under the Debit or Credit columns and the system will open the page where you can see the overview of elimination entries. For more information, see Overview of Elimination Entries.