Hi, please help. Thanks.
I was almost looked BaanERP documentation for Finance. But I have a few questions for finance configuration. Because I don¡¦t know how many configuration is need to do it?
So, maybe someone can tell me which configuration has to do for finance basically?
Now, I know that have ¡§Ledger account¡¨, ¡§Fiscal period¡¨, ¡§journal entry for every finance transaction¡¨, ¡§payment term¡¨ only for finance configuration.
I remember finance have four main statements. It¡¦s ¡§Balance sheet¡¨, ¡§Income statements¡¨, ¡§Statement of Cash Flow¡¨, and ¡§Statement of owners equity¡¨. But I don¡¦t looked about these statement contents. May be I lose something about these statements.



Nicole

Nicole, can you tell us a bit more precisely what information your are looking for? The general parametrization of the finance module or how to set up financial statements within it?

Thans for ulrich.fuchs.
Simple to say, I just want to find out that four finance statements first, it's "Balance sheet", "Income statement", "statement of Cash flow", "Statement of Owner equity".
Because in BaanERP 5.2a documentation that it's no too many explain. In the system, I no find out.
Thans for your information for statement. But I don't understand German.
Thanks a lot!!



Nicole

Hi Nicole,

I think the answer is not one that you're looking for.

There are no "standard" financial reports for "Balance sheet", "Income statement", "statement of Cash flow", or "Statement of Owner equity" in Baan (either IV or V).

In order to build these financial statements, you must:
(1) understand the structure of your general ledger chart of accounts;
(2) understand how transactions are posted to these accounts in your Baan environment (that is, understand the integrations mappings from Logistics to Finance, the setup or accounts receivable & payable, etc.);
(3) know what financial information must be reported in the "Balance sheet", "Income statement", "statement of Cash flow", and "Statement of Owner equity" reports according to your company's requirements and the requirements of the country and authorities that it must report to;
(4*) map the general ledger accounts to financial statement accounts and then build the content and format of the statements in FST; or
(5*) alternately, use an external report writer (such as Crystal, Cognos, Safari) or a third party reporting software (such as Hyperion) to build the financial statements.

If you don't understand (1), (2) or (3), you need to consult with your finance and accounting department to determine your company's requirements.

If you don't understand (4*) and (5*), you may be able to self learn from the standard Baan documentation and help text. But I think you'll be better served by arranging training through Baan, your implementation partner or one of Baan's training partners.

I hope this helps to answer your questions.

Scott