The Financial Dashboard provides a comprehensive overview of financial operations, enabling users to manage, review, and address various aspects of financial reporting and transactions efficiently. It covers critical functionalities such as viewing financial statements (e.g., Statement of Profit or Loss, Statement of Financial Position, and Trial Balance), managing accruals, resolving errors, and closing pending transactions. This guide outlines step-by-step instructions for these interreacting with, and operating the Financial Dashboard.
Navigation: Main Menu > Accounting > Financials.
Table of Contents
Navigate to the Set (filter) > Click the drop down and select your User Date.
Note: Date presets such as Fin Year (Month) provide a view of the year broken down by specific periods.
Click View (button).
Select Menu (button) > Statement of Profit or Loss.
Select Menu (button) > Statement of Financial Position.
Select Menu (button) > Trial Balance.
Navigate to the Accruals (tab).
Identify the accounts with outstanding values.
Note: Outstanding amounts will have the value displayed in red.
Select the furthest right column on the outstanding account to open the account in the Ledger.
Either remove the entry that has created the outstanding amount or create an entry to allocate the outstanding amount appropriately.
Note: The Account default must be set to Accrual in setups for it to appear here.
Navigate to the Errors (tab).
Identify the transactions with Trial Errors.
Select the furthest right column on the outstanding transaction > Open Transaction in Ledger.
Edit the transaction appropriately to remove the error (in most cases, the error is a Trial Error (ie. Debits & Credits don't match)).
Navigate to the Pending (tab).
Identify the transactions with Pending status.
Select the furthest right column on the outstanding transaction > Open Transaction in Ledger.
Navigate to Status, select the dropdown menu and select Complete.
Note: The Complete status may vary by transaction, for example in Supplier Payments, Reconciled is the Complete status.
Navigate to the Financial Status Notes (section).
Select Add (button).
Select the Account (bar), and enter the Period.
Enter the Note.
Select Save (button).
Select Output (button) > Preview / Print / Email > Select the Output Template (if applicable).