What you'll learn

Financial Reporting Course

Overview

Financial reporting is the accounting process for communicating financial information. It involves the disclosure of financial details about a company to various stakeholders, including investors, creditors, regulators, and the public. This typically includes financial statements such as balance sheets, income statements, cash flow statements, etc. The course aims to equip participants with the knowledge to configure financial reports and related transactions.

Course Objectives

• Understand the process to configure the financial statements.
• Understand all the functionality of configuration and knowledge about how the transaction will be shown in financial reports.
• Understand the steps to follow for closing the books at the end of the period.

Course Content

• Balance Accumulation
• Financial Report Form
• Creation of Reporting Group by COA and Financial Group Form and Financial Report Group window
• Profit and Loss Statement
• Trial Balance (BI)
• GL Activity Detail Report (BI)
• Profit and Loss Closing