1. MWUG
Financials – A Look
Avery Weisfeld
Solution Consultant, QAD

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

4. THE
Financial Report Writer

5. Of Infinite Financial Knowledge
The Cube
Of Infinite Financial Knowledge

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

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

8. Cube Components
- Report Calendar
Entities
Periods

9. 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.

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

13. 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, …

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

15. 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

16. 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

17. Daybooks With No Daybooks Defined - SE Journal entries
Account – Sub – Cc – Source - Amt IC IC

18. Daybooks With Daybooks Defined Journal entries
Account – Sub – Cc – Source –Daybook Amt
IC rct-unp
IC iss-so
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

19. Follow your Money
To Success