Financial Reporting with QAD’s Enterprise Applications
Posted on: September 5, 2017 | By: Andy Vitullo | QAD Financials
Financial Report Writer (FRW) is QAD’s Enterprise Application financial reporting tool. FRW enables your financial reporting and analysis team to produce financial statements using real time financial transactions booked to the general ledger. This real-time reporting feature is based on constant updates of the source reporting general ledger cube.
Income statements and balance sheet reports can be configured to run with batch processing within the reporting period providing business management a view of financial results.
When you enable System Supplementary Analysis Fields (SAFs), you can record sales by product or customer groupings. With SAF transactional data, your income statements can generally provide an income statement through contribution margin for product lines and through standard gross margin for customer markets.
Finally, the FRW tool can be levered across domains within the database. Regardless of general ledger base currency within each domain, FRW translates the results from alternate currency domains into the FRW report. With this feature, FRW can provide a global view of results.