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Significant account report

Article author
Tasha Kociszewski
  • Updated

Summary

The significant account report summarizes the financial statement results, relevant analytics (such as trends and ratios), and entries selected for examination pertaining to each account.

Learn how to create, view, edit, and export a significant account report.

Note: You must scope accounts to unlock the significant account report.

Navigate to the Reports tab

  1. Select the MindBridge icon in the sidebar to go to the Organizations page.
  2. Select View in line with the desired organization, or click anywhere in the organization row to go to the Engagements page.
  3. Select View in line with the desired engagement, or click anywhere in the engagement row to go to the Data page.
  4. Select View Analysis on the desired analysis, or use the sidebar to open the Analyze menu, then select the name of the analysis you wish to see.
    You will go to the Analyze page.
  5. Select the Reports tab.


Create the report

From the Reports tab

  1. Below Significant account, use the menu to select an account*.
    *Note: You may only select accounts mapped to "Level 3" codes.
  2. Select Create report.

From the Financial statements tab

  1. Select the drill-down icon in line with the intended account. 
  2. Select View significant account report.


View the report

From the Reports tab

  1. Go to the Custom reports section.
  2. Select the report name to view it.

From the Financial statements tab

  1. Select the drill-down icon in line with the intended account. 
  2. Select View significant account report.

Included in the report

  • Period-over-period performance on a horizontal and vertical basis
  • Monthly trend chart
  • Key ratios
    • Only ratios which explicitly include the financial statement account selected as well as ratios which include lower-level accounts for which the selected account is their "parent", will be included in the significant account report. 
  • Monetary flow visualization

Comments and supporting context can be added to any section of the report before exporting it.

 


Edit the report

From the Reports tab

Select the Edit icon in line with the report name, or, select the report name to view it, then select Edit.

From the Financial statements tab

  1. Select the drill-down icon in line with the intended account. 
  2. Select View significant account report.
  3. Select Edit.

Edit mode

Edit mode allows you to enter notes and comments in the blank fields below each section, as needed. 

When you are satisfied with your edits, Save and go back to View mode.

Cancel any time to discard changes.

 


Export the report

Once you have created the report, there are a few ways to export it.

From the Reports tab

  • Select the Export icon in line with Planning analytics, or, 
  • Select the report name to go to View mode, then select Export.

From the Financial statements tab

  1. Select the drill-down icon in line with the intended account. 
  2. Select View significant account report.
  3. Select Export.

The file exports to your computer.

 

Delete the report

  1. On the Reports tab, select the Delete icon in line with the report name.
    A warning message appears to inform you that deleting the report cannot be undone.
  2. Select Confirm to permanently delete the report.


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