MWUG Financials – A Look Avery Weisfeld Solution Consultant, QAD

How do we get around this? Site Locations Unorganized Information Everywhere GL Accounts

THE Financial Report Writer

Of Infinite Financial Knowledge The Cube Of Infinite Financial Knowledge

Cube Components Balance Sheet Accounts Income Statement Accounts Presentation Currency & Exchange Rate Balance Sheet Accounts Income Statement Accounts

Cube Components GL Layers Dimensions: Sub Account Cost Center Project SAF Transactional Currency

Cube Components - Report Calendar Entities Periods

The tree.. The Columns... The power Across what domains/entities would you like to see? What Rows of data would you like FRW to report on? Ex: Inventory, Current Assets, Stock, etc. What Columns do you want in this Report? Ex: Opening Balance, Credit, Debit, etc.

Ability to slice and dice And Budgets or SAF Codes And layer information on top like Analysis Fields Begin with initial concept

Database Structure System Wide Data Shared Set Data Domain Data Entity Data Site Data Location e.g. Currency, users, languages, countries … e.g. COA, suppliers, customers, … e.g. Base currency, statutory currency, operational controls, … e.g. Taxes, security numbering, … e.g. Inventory, costing, planning, …

SE – G/L Account Structure Entity Yr/Pd header level Primary GAAP Acct Sub-Account Cost Center Project line level

EE - G/L Account Structure Entity Yr/Pd Layer/Book Daybook header level Primary GAAP Acct Sub-Account Cost Center Project SAF’s SAF’s SAF’s SAF’s SAF’s Up to five ‘supplementary analysis fields’ on a posting line line level Intercompany key can automatically retrieve SAF data from Operational transactions Site Product Line Region (Customer) Customer Type Supplier Type Item Type Item Group Allows - actuals in value (in tc, bc, sc) actuals in quantities budgets Open item key Why does this matter Other GAAP Account Other GAAP Account extra keys on line level

Daybooks All transaction posting lines are recorded in daybooks (journals) for ease of summarization. Journal Entry “Identifiers” – filter and search capability Multiple daybooks are possible or One Daybooks can be assigned to any of the accounting layers Daybook Accounts Payable Inventory Journal Entry Banking Year-End Close Etc. Layer Type Official Management Transient Layer / Book IFRS Adjustment Auditor US GAAP Adjustment “What If” Executive

Daybooks With No Daybooks Defined - SE Journal entries Account – Sub – Cc – Source - Amt 5000 100 4000 IC 75.00 5000 100 4000 IC -65.00

Daybooks With Daybooks Defined Journal entries Account – Sub – Cc – Source –Daybook Amt 5000 100 4000 IC rct-unp -75.00 5000 100 4000 IC iss-so 65.00 The only this able to see is the the source which could be intercompany – no true vision into the transaction and what type of transaction – ee you can use saf and daybooks, AR payments for example can be searched on the daybook where as before they coiuld just be searched as all AR transactions. IC companies need break downs of that structure, gives company flexibility in bringingi in operational details by bringinbg in filtering and analyssis capabilities that werent available in SE Account structure is the same

Follow your Money To Success