Summary
Ratios provide a quick snapshot of an entity's financial health and performance. Each of MindBridge's default libraries comes with a unique set of financial ratios consisting of account groupings, algebraic operations, meta values, and constants, to help you save time and gain efficiency.
Default ratios can be updated and removed from your custom libraries as needed, and you can use MindBridge's ratio builder to create financial ratios for your teams to use.
Learn how to manage ratios in your library.
Configuration details
You must be an App Admin to view and manage ratios in the library.
Go to ratios in the library
- Open the MindBridge sidebar (
).
- Select Admin (
). - Go to the Libraries tab.
- Open the Actions menu in line with the library you want to view.
- Select View Library.
You will go to the Library details tab on the Libraries page. - Select the General ledger tab.
You will go to Analysis configuration. - Select Ratios in the menu on the left.
You will see a list of all pre-built and custom financial ratios available for use.
View a ratio
Use the chevron icon ( ) in line with a category to reveal the ratios within.
Use the chevron icon ( ) in line with a ratio to reveal the formula applied.
Find a ratio
Enter a full or partial search term into the search bar, then press enter/return on your keyboard or select the magnifying glass icon ( ).
Create a ratio
You can create ratios in the library as needed. New ratios will be made available to all engagements using the library.
- Select Create ratio within a relevant category (such as Activity, or Going Concern).
A pop-up window appears. - Enter a Ratio name.
- Select a Category from the menu, or enter a new category with your keyboard.
- Enter Additional details in the text box.
-
Add conditions (accounts, numerators and denominators) to your ratio as needed.
Learn how to use the ratio builder. - When you are satisfied, select Create Ratio.
The new ratio is added to the library and you will go back to the Ratios screen.
Select Cancel at any time to discard the new ratio and go back to the Ratios screen.
Edit a ratio
You can edit ratios in the library as needed. Changes are applied to all engagements using the library.
- Select the edit icon (
) in line with the ratio you want to update.
A pop-up window appears. - Adjust the filter name, category, additional details, or conditions as needed.
- When you are satisfied, select Update to save your changes.
You will go back to the Ratios screen.
Select Cancel at any time to discard your most recent changes and go back to the Ratios screen.
Duplicate a ratio
You can duplicate ratios to manipulate them without impacting the original.
- In the Ratios section, select the duplicate icon (
) in line with the ratio you would like to duplicate.
A window appears, populated with duplicated information. - Name the ratio, change its category, add additional details, and make any other desired adjustments.
- When you are satisfied, select Create Ratio.
The new ratio is added to the library and you will go back to the Ratios screen.
Select Cancel at any time to discard the duplicate ratio and go back to the Ratios screen.
Delete a ratio
You can delete ratios from the library as needed.
- Select the delete icon (
) in line with the ratio you want to delete.
A warning window appears. - Select Confirm to permanently delete the selected ratio.
You will go back to the Ratios screen.
Select Cancel at any time to go back to the Ratios screen without deleting the ratio.
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