inforln.com ln financial statements (fst) demo

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LN reporting in FST academy

Coen Decnop, Business Analyst, Infor


FST Reporting

• Overview Financial Statements

• Creating a Financial Statement


FST Reporting

• Separate module in ERP LN Financials

• Derived from BaanIV, but improved (from FP5 onwards):

• Functionality

• Usability

• Collects and processes the required financial values from the General Ledger (GLD) and the Budgeting (FBS) modules


FST Reporting

• Financial Statements can be used for

• Income statements

• Balance sheets

• Analysis per Business Unit/Cost Center etc.

• Budget comparisons

• Internal and external (official) reporting

• Consolidated Balance Sheets


FST Reporting - Examples


FST Reporting – Drill-downFlexible and graphical drill-down to statement values and the GLD

(document and transaction line) details


FST Reporting – Drill-down


FST Reporting

• Financial statements can be processed in any currency

• Currency translation from local and reporting currencies into the FST reporting currency

• Currency translation: combinations of rate types and historical vs. current rates for different (categories of) statement accounts


FST Reporting

Creating a Financial Statement includes 3 steps:

• Create Statement Layouts

• Create Financial Statement

• Process Financial Statement Values


Create Statement Layouts• Define general

layout: layout

size, column

definition

• Define column

layouts: column

positions and

format

• Define Account

layouts: how and

where account is

printed

• Generate Report


Create Financial Statement• Define

Statement

details: code,

currency, layout

etc.

• Define

Statement

Accounts

• Define

Statement

Columns: what

must be printed


Create Financial StatementAfter creating the Financial Statement

setup, change status to Approved

Process Financial Statement Values:

Selects all the values from the GLD/FBS

modules to be included in the

financial statement.


Process Financial StatementAfter processing, the statement values can be printed:


Demo Financial Statement



Ratios:

E.g. define ratio

EBITDA



1 ratio for each column


Demo Financial StatementConsolidation in FST


Demo Financial Statement• Check

Financial

Statement will

check if Debit

and Credit are

balancing

• Copy to other

financial

Company

• Global

change:

replace

Business Unit

inforln.com ln financial statements (fst) demo

Software

financial statement

required financial values

fst reportingcreating

ln reporting

fst academycoen decnop

fst reportingseparate

reporting currencies

graphical drill