Big News from Etendo! Cost Center Now Available in the Balance Sheet and P&L Structure Advanced Report
A highly anticipated feature that transforms accounting analysis in Etendo
Smart financial management is key to growth, and at Etendo, we keep pushing forward to bring you increasingly powerful tools. Today, we’re introducing a highly requested enhancement:
The Cost Center accounting dimension has been added to the Balance Sheet and P&L Structure Advanced report.
This new feature is now available in the latest versions of the Financial Extensions Bundle, and it’s compatible with Etendo starting from version 23 onward. If you’re using Etendo 23, this is the update you’ve been waiting for to take your accounting analysis to the next level.
What is the Balance Sheet and P&L Structure Advanced report and the Cost Center?
Balance Sheet and P&L Structure Advanced
An enhanced version of the classic Balance Sheet and Profit & Loss reports, this allows you to filter and analyze accounting information by multiple dimensions. It’s ideal for companies with complex structures that require flexibility in interpreting financial data.
Cost Center
A key accounting dimension that allows you to assign revenues and expenses to specific units of your organization—departments, projects, branches, or any logical grouping. It also supports hierarchical structures (trees), enabling multilevel analysis.
Key Benefits of This Integration
More Strategic Financial Analysis
You can now analyze economic performance by Cost Center within the Balance Sheet and P&L Structure Advanced report, giving you a detailed view by operational unit or business area.
Data-Driven Decision Making
With granular visibility of income and expenses by Cost Center, you can identify which areas create value, which need adjustments, and how to better allocate your resources.
Advanced and Customized Filters
You can combine filters by Cost Center, Project, Product, Region, Business Partner, Activity, Campaign, among others. It’s also possible to select multiple values per filter.
Fully Redesigned Excel Export
A highly anticipated improvement by users: the Excel file export has been completely redesigned. Previously, the columns were confusing, making reading and filtering difficult.
Now it includes:
- Unified and well-defined columns
- Clear and consistent visual structure
- More intuitive navigation for advanced analysis
While the direct view and PDF are limited to 4 dimensions, the Excel export has no such limitations.
Direct Traceability from the Report
You can now access the original accounting entry directly from the report itself, improving audit processes and speeding up reviews.
Summary
The inclusion of the Cost Center in Etendo’s Balance Sheet and P&L Structure Advanced report represents a significant leap forward for accounting analysis in any organization.
- Enables detailed analysis by operational unit
- Improves data export to Excel
- Enhances control, traceability, and precision
- Available from the updated Financial Extensions Bundle
FAQs
Which Etendo versions are compatible?
From version 23.1.4 onward, with the updated Financial Extensions Bundle.
What is the Balance Sheet and P&L Structure Advanced report?
It’s an advanced financial report that allows filtering information across multiple accounting dimensions.
What improvements are in the Excel export?
The file was completely reorganized, with clear columns, better visual structure, and more intuitive navigation. Filters now work correctly, making the data easier to read.
Can I apply multiple filters at the same time?
Yes, and you can also select more than one value per dimension.
Other Blog Entries
Download the exchange rate to any currency automatically: the automation that eliminates daily errors in your accounting
Read More »
ERP for Telecommunications Companies: Automate Contracts, Billing and Technical Services with Etendo
Read More »
Was Your Invoice Rejected Over a Few Cents? Discover How Etendo Solves Rounding and Accounting Imbalance Issues
Read More »
You May Also Like
Download the exchange rate to any currency automatically: the automation that eliminates daily errors in your accounting
https://www.youtube.com/watch?v=kELGGAeEiv0 Updating exchange rates manually is a repetitive, error-
Asset Amortization Management in Etendo: The Secret to Automating and Segmenting Financial Reports
Asset amortization management in Etendo is the solution that accountants and financial managers have
Was Your Invoice Rejected Over a Few Cents? Discover How Etendo Solves Rounding and Accounting Imbalance Issues
https://www.youtube.com/watch?v=XL-66i0c0fM If you’ve ever had an invoice rejected due to a minor
Leave a Reply