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The BIG release week – 3/5
Every month we share what our development team have been working on to make CrunchBoards even more powerful for you. This month, we needed a whole week to bring you up to speed. - 5minute read
Consolidated Reporting is live!
Consolidated Reporting allows you to view and report on multiple entities in one – and we’ve worked really hard to make it easy to do. In CrunchBoards, when you create a Consolidated Organisation you can then use this across the entire platform – for your Reporting needs, in Alerts and Forecasts (more to come on this soon).
The headline facts to get your head around…
- A Consolidated Organisation behaves in exactly the same way a single entity does in CrunchBoards
- Once you have created a Consolidated Report you never have to do it again.
- If you select the date as weekly or monthly, it will auto-update.
- We are pulling in real-time data from your Accounts Package
- It’s properly ‘set and forget’ so huge time savings
- Consolidated Reporting in CrunchBoards can be used for accounting purposes & franchises, groups and more
This is how easy it is to get started
When you add a new Organisation, you’ll now be given the option to create a Consolidated Organisation. This creates a new Consolidated Group.
Once created we’ll see the management page for our new Organisation. There’s a few options here so let’s take a look at them one-by-one.
Before we can use our Consolidated Organisation for reporting we’ll need to add some Organisations to that Group. You can consolidate any Organisation of the same currency. Don’t worry, multi-currency consolidation is something we’ll be releasing in the not too distant future. Adding and removing organisations from our consolidated group is straight forward, here it is in action…
Automatically generated Chart of Accounts
Our beta users LOVED this and we hope you do too. When you add Organisations to your Consolidated Group there’s several option to decide how you want to combine the Chart of Accounts. If your a consolidated Franchise Group with the same structure then it’s easy to group by Account Name but if you’d prefer to see Income by entity then you can group by Organisation name. There are several other options so you can decide what works best for you. Again, these changes will automatically update for you around CrunchBoards, in Forecasts and Reports, so you can focus on the data interpretation not the admin.
Whenever you add another Organisation to the Consolidated Group the chart of accounts will automatically update to match your selected option. Changes to the child entities will also get copied up, so again, you don’t need to worry about manually keeping the Consolidated Group up to date either!
Don’t worry, you can customise this even further
If you have specific reporting requirements that aren’t covered by one of our defaults, we’ve still got you covered. You can turn off the auto-manage feature and you’ll be able to edit the Consolidated Chart of Accounts into whatever layout you require.
In self-managed mode you’ll have the option to add, edit and remove groups and re-order groups and account. CrunchBoards will automatically add and remove accounts when they’re added or removed from child entities so you don’t need to worry about manually keeping up to date with those changes either.
Let’s check out the Reporting
When you create new Cards (how you design a view of your data) you’ll see the new Organisation – it works with all our Cards and Reports.
Try it for free until September 1st
From September 1st we’ll begin charging users for Consolidated Organisations – you can preview the additional charges by looking at your Billing tab within your Profile.
That’s it for day 3! More exciting enhancements will be released tomorrow.