Overview

For further analysis, interpretation, and evaluation of the financial performance, you need to analyze the balance sheet figures by companies, business units, and lines of business.

Management needs to assess, analyze, and evaluate some outstanding balances of the balance sheet statement to identify potential corrective actions to be taken.

The process focuses on the following items:

• Work-in-process (WIP)
• Accounts payable and receivable
• Outstanding debt capital
• Fixed and intangible assets
• And other

As a result of the process, the balance sheet analysis is performed.

Perform balance sheet analysis flowchart

Paths

How to compare balance sheet figures with detailed reports

1. Go to Profitability & cost → Profitability & cost reports → Balance sheet statement and then click → Balance sheet statement by companies.

2. Set the Period and Company filters.

3. Click Close and generate.

4. Compare figures with the Balance sheet statement and the Notes to financial statements. See how to Report closing figures.

How to analyze balance sheet figures by business units

1. Go to Profitability & cost → Profitability & cost reports → Balance sheet statement and then click → Balance sheet statement by companies.

2. Set the Period and Company filters.

3. Click Settings.

4. Select the Advanced mode.

5. Click the Structure tab.

6. Add the Business unit element to Columns and then click Close and generate.

7. Make the analysis by Business units.

How to analyze balance sheet figures by lines of business

1. Go to Profitability & cost → Profitability & cost reports → Balance sheet statement and then click → Balance sheet statement by companies.

2. Set the Period and Company filters.

3. Click Settings.

4. Select the Advanced mode.

5. Click the Structure tab.

6. Add the Line of business element to Columns and then click Close and generate.

7. Make the analysis by Lines of business.

Paths

How to release balance sheet figures

1. Go to General ledger and then click Financial statements under Financial reporting.

2. Find the report instances for verification.

3. Open them and specify the "Released status" in the Comment field, and then post them.