Advanced Financial Reporting

schedule a demo with Gravity Software

Define, track and see results any way you want to

One centralized database

Manage all company financials in one centralized location quickly and efficiently. Each entity can have its own or consolidated reports.

Segmented Chart of Accounts

Define what your companies reporting structure will be. Whether its departments, profit centers, or divisions.

Simple dimensional reporting

Categorize data by events, job, projects or any other factor that’s important to you. Easily track Dimensions on every transaction.

Jet-Reports

The power to make more informed decisions

Having real-time data gives you a more accurate assessment of your current financials so you can adjust your strategies accordingly. Instead of waiting for reporting to be compiled, or using outdated information, you can utilize Gravity Software’s financial reports to respond as quickly as possible to the latest developments in your business. Take a look at how Gravity provides Quick Financials Statements and more complex with its Advanced Financial Statements reporting tool.

 

Define your reporting structure

Gravity Software has three main building blocks: The company codes, a Segmented Chart of Accounts and Dimensions. The reporting structure drives the way financial reports are designed and delivered to end users. Gravity gives you the ability to create just one main account number or a more sophisticated segments structure for multi-locations or cost centers.

You can define, track and see your results any way you want to in real-time with the ability to create a very sophisticated financial reporting structure

Jeremy-James-Headshot-Round-400x400

“QuickBooks and Sage couldn’t handle our multiple entity needs. We had to log in and out of different applications to get the needed data and we wanted to run consolidated financials. With Gravity, our month-end and year-end audits provide us with one database to manage. This solution fills a void for mid-sized cmpanies needing accounting software. It provides us with ERP functionalities at an affordable price.”

Jeremy James, Accounting Manager
Branson Airports


More great features you'll love

Gravity-Software-Features-Multi-Entity-Multi-Company-Icon

Multi-Entity

Manage your company’s entities or subsidiaries in one system without logging in and out of other databases.

Learn More
Gravity-Software-Features-Power-Platform-Icon

Business Intelligence

Integrated business intelligence using Microsoft Power BI giving your team a dashboard worth 1,000 reports.

Learn More
Gravity-Software-Features-Power-Automate-Icon

Microsoft Power Automate

Connect Gravity to your outside applications, unifying all your information in one place.

Learn More

Resources to power your business

Closing your books every month shouldn't be stressful. The month-end close process is critical for accurate financial reporting, yet it's often...
READ MORE
As your business grows and expands to include multiple subsidiaries or entities, managing financial operations can become increasingly complex. The...
READ MORE
The coronavirus pandemic has turned the healthcare industry on its head. At a time when public health is being prioritized more than ever, many...
READ MORE

Get started with Gravity Software today!

schedule a demo with Gravity Software

Frequently
asked
questions

arrow

What is Gravity Software’s Advanced Financial Statements (ADFS)?

Gravity Software’s Advanced Financial Statements (ADFS) is a robust reporting tool that enables businesses to create fully customized financial reports. It provides flexibility with configurable row and column templates, dynamic parameters, and multi-entity reporting, ensuring reports are tailored to meet your specific needs.

How does ADFS simplify financial reporting?

ADFS simplifies financial reporting by offering:

  • User-friendly report design tools.
  • Dynamic parameters for runtime adjustments.
  • Configurable templates for rows and columns.
  • Multi-entity reporting capabilities. These features streamline the process of generating actionable financial insights.

Can ADFS handle multi-entity reporting?

Yes, ADFS excels in multi-entity reporting. It allows users to consolidate financial data across multiple entities or select specific entities for individual reports. This flexibility is especially useful for organizations with complex financial structures.

What types of reports can I create with ADFS?

ADFS supports a wide range of financial reports, including:

  • Consolidated Income Statements
  • Advanced Cash Flow Reports
  • Budget-to-Actual Analysis
  • Custom multi-dimensional reports

Is there a way to secure my financial reports in Gravity Software?

Absolutely. ADFS includes robust security controls, allowing administrators to define roles and permissions. You can control who can design reports, run them, or access specific data, ensuring sensitive information remains protected.

What are dynamic parameters in ADFS?

Dynamic parameters allow users to select specific entities, dates, or budgets at runtime. This flexibility eliminates the need to create multiple reports for different scenarios, saving time and effort.

How do column and row configurations work in ADFS?

  • Columns: Configure columns to filter data by date range, entity, or dimensions. Use these configurations for calculations and time-based reporting.
  • Rows: Define rows based on General Ledger (GL) account numbers. Use row configurations to structure the report’s layout from top to bottom.

Can I perform calculations within ADFS reports?

Yes, ADFS includes powerful calculation features. Users can define columns or rows to perform arithmetic operations, calculate percentages, and more. For example, you can calculate gross margins or percentage contributions directly within the report.

Does ADFS support currency conversions?

Yes, ADFS allows you to select entity-specific currencies or the organization’s consolidation currency for reporting. You can also override currency symbols for specific rows or columns.

What filters are available for customizing reports?

ADFS offers both segment and dimension filters for precise data control. Segment filters override row definitions, while dimension filters refine data further by isolating specific values

Can I reuse row and column definitions in new reports?

Yes, ADFS enables you to save and reuse row definitions across multiple reports. This feature reduces setup time and ensures consistency across different financial presentations.

What are some unique features of ADFS?

  • Fully customizable templates for financial reports.
  • Multi-entity reporting capabilities.
  • Dynamic runtime parameters for greater flexibility.
  • Robust security and user role management.
  • Advanced calculations for accurate financial insights.
  • Flexible filters for granular control.
  • Seamless navigation through a user-friendly portal.

Is ADFS suitable for organizations with complex financial structures?

Definitely. ADFS is designed to cater to organizations with multi-entity operations, extensive reporting needs, and requirements for precision and customization. It’s ideal for businesses seeking clarity in complex financial landscapes.

How can I access ADFS reports?

You can access ADFS reports through the reporting portal in Gravity Software. Simply navigate to the menu, select the desired report, and customize options before execution.

Why should I choose Gravity Software for financial reporting?

Gravity Software’s reporting capabilities stand out due to their:

  • Advanced customization options.
  • Intuitive and user-friendly design tools.
  • Support for multi-entity operations.
  • Robust security measures.
  • Comprehensive reporting features tailored to modern business needs.

How can I learn more or see a demo of Gravity Software?

To learn more, you can download Gravity Software's Reporting Fact Sheet or schedule an online demo to explore its advanced reporting capabilities.