Out-of-the-Box Reports
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Financial Statements: Business Central provides a suite of standard financial statements, including income statements, balance sheets, and cash flow statements. These reports offer a comprehensive view of your company's financial health, allowing you to track revenue, expenses, assets, and liabilities over time.
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Aged Accounts Payable and Receivable: Managing cash flow is essential for any business, and aged accounts payable and receivable reports help you stay on top of outstanding invoices and payments. These reports categorize invoices based on their aging period, enabling you to identify overdue payments and take appropriate action to ensure timely collections.
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Trial Balance: The trial balance report provides a snapshot of your company's general ledger accounts and their respective balances. It serves as a crucial tool for verifying the accuracy of your accounting records and detecting any discrepancies that may require further investigation.
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VAT Reports: Compliance with tax regulations is a top priority for businesses, and Business Central simplifies the process with built-in VAT reporting capabilities. These reports summarize your VAT transactions, making it easier to prepare and submit your tax returns accurately and on time.
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Key Performance Indicator (KPI) Reports: KPI reports offer valuable insights into the performance of your business across various metrics and key performance indicators. Whether you're tracking sales performance, inventory turnover, or customer satisfaction, KPI reports help you monitor progress towards your business goals and identify areas for improvement.
Custom Reports
While the out-of-the-box reports in Business Central cover a wide range of financial and operational areas, there may be specific reporting requirements unique to your business. In such cases, Business Central offers robust tools for creating custom reports tailored to your needs.
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Configuring Custom Reports: To configure custom reports in Business Central, you can leverage the built-in report designer or integrate third-party reporting tools for more advanced customization options. Start by defining the data fields and parameters you want to include in your report, then design the layout and format to meet your preferences.
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Configuring Custom Reports with Power BI: With Power BI integration, you can access and analyze your Business Central data in real-time, creating interactive dashboards and reports that provide deeper insights into your business operations. Start by connecting Power BI to your Business Central instance and importing your data into Power BI Desktop. From there, you can design visually stunning reports, create custom calculations, and share insights with stakeholders across your organization.
Business Central reports are a cornerstone of informed decision-making, providing businesses with actionable insights to drive growth and profitability.
