Account schedules

The account schedules functionality is part of the Analysis and Reporting section of the Financial Management area. Itis meant to create customized financial reports based on general ledger information, budget information, or on the analysis views information. Account schedules can group data from various accounts and perform calculations that are not possible directly on the Chart of Accounts.

When defining account schedules, the information that will be displayed on both rows and columns can be defined.

To see how it works, we will create a simple account schedule that will compare budgeted amounts with real amounts. To do this, we will perform the following steps:

1. Navigate to Departments | Financial Management | Reports and Analysis and choose Account Schedules.
2. Click on New to create a new account schedule, as demonstrated in the following screenshot:

3. For the new account schedule, select EXAMPLE as Name, comparing budget versus actual as Description, and ACT/BUD as Default...