Designing Financial Statements

You define a financial statement using a report specification. The specification tells Financial Reporter what data is included on the statement, and how it should be formatted.

Because the specification is a Microsoft Excel spreadsheet, you can use standard worksheet formulas, formatting commands, and graphing abilities to modify the report, and you can create multidimensional models to perform further analysis on the data.

Note: Financial Reporter includes a set of standard report specifications that are compatible with any chart of accounts that uses the standard account group classifications and user-defined account groups. You can print financial statements using these standard reports, or you can customize them.