Statistical Accounting & Allocations | Gravity Multi-Entity Software

Statistical accounting in Gravity Software: Simplify non-financial data allocations

Statistical accounting in Gravity Software: Simplify non-financial data allocations

Gravity Software’s Statistical Accounting feature allows businesses to allocate financial amounts based on non-financial data, such as headcount, square footage, or other custom statistics. This is ideal for businesses that need to allocate expenses or revenues across multiple entities based on proportional, non-financial metrics. Built on the Microsoft Power Platform, Gravity provides a scalable, flexible solution for businesses of all sizes.

Smarter financial management starts here. Schedule a demo today.

Key benefits of Statistical Accounting with Gravity Software

Key benefits of Statistical Accounting with Gravity Software

Turn operational data into a competitive advantage. With Gravity Software’s Statistical Accounting, you can allocate costs and revenue with confidence — using real business drivers to gain clearer insights, improve accuracy, and scale effortlessly across entities.

Allocate Based on Non-Financial Data

Gravity Software’s Statistical Accounting feature enables businesses to allocate costs and revenues based on statistical data. Whether it’s headcount, square footage, or another metric, this feature ensures that amounts are allocated proportionally and accurately.

Integrate Seamlessly with Multi-Entity Accounting

Gravity’s Statistical Accounting integrates directly with its multi-entity accounting system, enabling you to allocate amounts across entities based on statistical values, ensuring consistency and accuracy.

Watch the video below to see Gravity's Statistical Accounting feature in action.

How Statistical Accounting works with Gravity Software

How Statistical Accounting works with Gravity Software

Gravity Software’s Statistical Accounting feature simplifies the process of distributing financial amounts based on non-financial data. Here’s how it works:

Set Up Statistical Accounts

Statistical Accounts: Create custom accounts to track non-financial data, like headcount or square footage.

Group Statistical Accounts: Group statistical accounts for easy reporting and allocation.

Allocate Using Statistical Values

Proportional Allocations: Distribute costs or revenues based on the ratio of statistical data (e.g., allocate expenses based on headcount or space usage).

Automated Allocation Entries

Gravity Software automatically creates allocation entries based on the statistical data you’ve provided, making the process seamless and reducing the need for manual calculations.

Why Gravity Software's Allocations are perfect for your business

Why Gravity Software's Allocations are perfect for your business

Automate complex allocations based on non-financial data.

Easily integrate with multi-entity accounting to allocate costs or revenues across multiple business units or departments.

Built on the Microsoft Power Platform, enabling powerful reporting and analytics through Power BI integration.

Resources to power your business

Resources to power your business

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Experience what modern finance teams can achieve with Gravity Software's Statistical Accounting feature. Explore insights, expert guidance, and software features that highlight how our platform streamlines operations, strengthens accuracy, and supports growth at every stage.

General Ledger

Gain insight into how Gravity's General Ledger functionality helps small to mid-sized businesses simplify their financial management.

Power BI Integration

Check out highlights of Gravity's integration with Power BI to gain unmatched insights for your business.

Multi-Entity Accounting

Take a look at the challenges of multi-entity accounting and how Gravity Software resolves them.

Multi-Entity Accounting Guide

Explore this comprehensive guide to understand the key concepts, benefits, and best practices for managing multi-entity accounting, and how Gravity Software simplifies the process.

Watch the Demo Highlights

Watch this 7-minute highlight video to see how Gravity Software’s multi-entity accounting and automation features can transform your financial operations.

Frequently asked questions

Frequently asked questions

Statistical accounting doesn’t have to be complex anymore, thanks to Gravity Software. Explore the answers to frequently asked questions below, then schedule a demo to see how Gravity elevates your financial operations.

What is the Statistical Accounting feature in Gravity Software?

Statistical Accounting in Gravity Software allows businesses to allocate financial amounts based on non-financial data, such as headcount or square footage. This feature ensures that costs and revenues are distributed proportionally across entities.

How does Statistical Accounting integrate with multi-entity accounting?

Gravity’s Statistical Accounting integrates directly with multi-entity accounting, allowing businesses to allocate amounts based on statistical data across different entities or departments.

Can I allocate amounts based on other non-financial metrics?

Yes! Gravity Software allows you to use a variety of non-financial data points for allocation, including headcount, square footage, and custom metrics that suit your business needs.

How do I set up Statistical Accounts?

You can set up Statistical Accounts within Gravity Software by creating new accounts to track non-financial data, then group these accounts for easy reporting and allocation.