We’ve spent a good deal of time talking about how to get dimensions into your financial data, now we need to talk a little bit about how to get that information back out in the form of reporting. One of the most direct ways to get financial reporting out of NAV is by using account schedules, which are the native NAV financial reporting package that report on general ledger transactions. Account schedules naturally access the two global dimensions for financial reporting in all cases, as shown below in the old classic client.
By applying analysis views to an account schedule, you get to choose any four of your dimensions, in any combination, to use for your financial reporting. This gives you much more flexibility and power in your financial reporting, allowing you to look at your financial data in many different ways. The most important thing to remember about analysis views is to keep them updated, whether you do this manually or in some automated way.
There are also tools like analysis by dimensions and analysis reports that can be used along with dimensions. For more information see this post Where can I learn more about NAV analysis reports and analysis by dimensions?
Keep reading this month as we continue our series, 15 Days of NAV Dimensions.
