Set up the Reporting FastTab

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The Reporting FastTab helps you determine whether another reporting currency is used. Another reporting currency is used when transaction information must also be available in a currency other than the local currency.

When another reporting currency is set up, users can run financial reports in the local currency and the other reporting currency.

You can also specify the account schedules for the following reports:

  • Balance sheet

  • Income statement

  • Cash flow statement

  • Retained earnings report

To generate these account schedules, follow these steps:

  1. Select the Search for Page icon in the upper-right corner of the page, enter G/L account categories, and then select the related link.

  2. Select Process > Generate Account Schedules.

These account schedules are based on the G/L account categories and subcategories. All G/L accounts must have a correct category and subcategory before you can generate these account schedules.