FI14 – IRL: Applying Dimensions Michelle Scott, Terso Solutions, Inc. Tracy Hanson, Terso Solutions, Inc.
Your presenters Michelle Scott Director, Finance & Operations Terso Solutions, Inc. Tracy Hanson Staff Accountant Terso Solutions, Inc.
Session objectives Create a P&L by segment using dimensions Pull expenses by Project or Department Challenges with Dimensions
Background
Company Background High Tech company – Healthcare and Life Science 10 years old @ 20% growth annually Branch in Mannheim, Germany – working on Singapore NAV 2015 from 3.7 – Sept 2015
Company Background Selling model – outright purchase & operation lease High investment R&D Market segment vs product type
Request in 2013 Largest 3P customer using lease model “Is this model even profitable?”
The result MDT P&L Revenue pull sales by customer COGS hmm…no direct COGS per unit at sale COGS Other ???? GP Probably not very close
Fast-forward - 2015 At re-implementation – What do you want to see? Revenue by market segment Revenue by area Revenue by product groups Expenses by department Expenses by project
DEMO. Where to find dimension setups. how to setup – global vs other DEMO Where to find dimension setups how to setup – global vs other account setups how to pull reports
Where are the setups?
How to setup? – Global vs other
Account Setups OPTIONS: Code Mandatory Same Code No Code
Account Setups
Account Setups
Pull reports – analysis views
Pull reports – by customer
Pull reports – analysis by dimension
Pull report – show matrix
Challenges Getting the information - projects Making sure setups are correct – FA setup More time to code & enter invoices
Thank you Contact information Michelle Scott – michelle.scott@tersosolutions.com Tracy Hanson – tracy.hanson@tersosolutions.com
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