Statistical Accounts for Business Central
Statistical Accounts enable financial departments to track non-monetary data and use that information on financial reports such as income statements. Rand Group’s Statistical Accounts for Business Central allows businesses to create, monitor, and report on non-financial data by creating a non-monetary based General Ledger (G/L) account that can be used to maintain statistical information.
Keep track of nonfinancial data such as:
- Employee headcount
- Building square footage
- Number of shipments
- Number of customers
- Numbers of sales repts
- And much more!
Seamless Integration with Business Central
Easily create statistical accounts to store data
Post statistical entries through a statistical journal
View and drill down on statistical data through the Chart of Accounts
Use statistical data to run comprehensive reports
Automate and simplify reporting requirements
Get Statistical Accounts for Business Central today
Empower your financial departments to track and report on important non-monetary data by implementing Statistical Accounts for Business Central by Rand Group.
Create your unique Statistical Accounts
Statistical accounts can be created to track important non-monetary data. Once the statistical account is created, you can post statistical journal entries to update the balance. For example, you can create a statistical account to maintain employee headcount for your organization. Then, you will create a journal entry for your initial employee headcount. As you hire more employees, you can post additional entries to update the balance.
Easily add statistical information to financial statements
Once you create a statistical account, you can use the non-monetary information in the account on financial reports and statements such as income statements, balance sheets, and cash flow statements. Financial users can then examine its relationship with the financial activity of your organization. For example, we can add our employee headcount statistical account to our income statements to report on net income per employee.
Extend the functionality of Business Central with Rand Group’s custom add-ons
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