<aside> 🔎

Table of contents

</aside>

Adding a reporting structure

Within the Structure menu, there will always be a structure available for the Total group. If you want to add a structure, click on the **Add structure-**button and you can create a new structure.

Multiple Structures: Tailored Financial Reporting

With Finstack’s Multiple Structures feature, you can create and manage different formats for your financial statements, tailored to meet diverse business needs. Use it to:

• Standardize a PL format for the entire organization.
• Create detailed formats for specific business units.
• Develop specialized structures for annual reports or compliance.

Each structure can be linked to specific entities, ensuring accurate and relevant reporting.

Getting started with Multiple Structures:

Step 1: Access the Structure Page

1. Navigate to Setup > Structure from the left-hand menu.

   You’ll see a list of your current structures, starting with the Default structure:

   • This structure applies to all entities (and cannot be deleted).
   • It’s used for your financial statements (e.g., BS, PL, CFS).
   • You can rename it for clarity (e.g., “Company-Wide View”).

Step 2: Add a New Structure

1. Click the “+ Add Structure” button in the top-right corner.

   

2. Name your structure (e.g., “Annual Report” or “Business Unit X”).

3. Assign specific entities to the structure.(e.g., subsets for specific business units).

   

4. Ensure GLAs (General Ledger Accounts) are mapped to this structure via Setup > Mapping (see [Mapping Help Page] for guidance)

Step 3: Organize your structure:

1. Use a predefined Template Structure or build one from scratch.

   

2. Navigate to the desired financial statement tab (e.g., Balance Sheet or PL) and click Add Class to create categories (e.g., “Revenue”).

3. Add child classes under each category for more granularity.

Step 4: Use and Switch Between Structures in Reporting

• Go to Reporting in the left-hand menu.

• Select the structure you want to analyze (e.g., “Annual Report”).

  Note: If only one structure exists, the selector will not appear.

• Easily switch between structures to generate reports for different entities or purposes.