Multi-Store Merged Financial Statements

Multi-Store Merged Financial Statements

For installations that have Multi-Store functionality AND use a single “shared” database, you now have the ability to produce Merged Balance Sheets and Income Statements.

This feature is not available if your stores operate on distributed databases (separate servers).

In the General Ledger Reports group there are two new reports available:

The selection filters and report format of these reports are identical to their corresponding standard report, Balance Sheet and Income Statement.

The Merged Financial reports work under the assumption that the Chart of Accounts for all stores are identical.

These reports will look at the Chart of Accounts for the store from which the report is being run and use the GL Account list as its master listing. First the GL transaction data will be gathered from the store from which the report is being run. Then the GL transaction data from ALL other stores will be “added” to the entries gathered in the first step. If a GL account from one of the other stores is not in the source stores Chart of Accounts, entries for the account from the other store will be ignored.