Advanced Financial Reporting Software | Gravity Software

Create financial reports around the way your business operates

Create financial reports around the way your business operates

Built on the Microsoft Power Platform, Gravity Software connects advanced financial reporting with multi-entity accounting in one centralized database. Finance teams can create detailed statements for an individual company, compare performance across entities or prepare consolidated reports without exporting information from separate accounting systems.

Gravity’s Advanced Financial Statements (ADFS) include a flexible report designer that lets authorized users control report rows, columns, calculations, periods, entities and dimensions. Teams can run saved report templates, investigate the numbers behind a report and export finished statements to Excel or PDF.

See advanced financial reporting in action

See how Gravity Software helps finance teams create customizable financial statements, compare results across entities and drill into the details behind reported balances.

Watch the 2½-minute video below.

Build, run and analyze financial statements in one system

Build, run and analyze financial statements in one system

Gravity Software gives finance teams the flexibility to create detailed financial statements using real-time accounting data from across the organization. With Advanced Financial Statements (ADFS), authorized users can design reusable reports, compare financial performance and investigate the transactions behind reported results—all within one connected system.

1

Design financial statements for different audiences

Create income statements, balance sheets, cash flow statements, budget-to-actual reports and other financial reports. Control the structure, headings, formatting, calculations and level of detail for executives, managers, boards, banks or investors.

2

Configure report rows and columns

Define the accounts, totals, labels and calculations displayed in each row. Configure columns by company, entity group, reporting period, currency, budget, segment or dimension. Calculation columns can be used to show totals, variances, percentages and other performance measures.

3

Run reports using reusable templates

Save reporting structures as templates so users can run recurring financial statements without rebuilding them each period. Relative dates automatically adjust reports based on the selected reporting date.

4

Compare entities, periods, budgets and dimensions

Compare financial results across companies, entity groups, reporting periods, budgets, currencies, segments and dimensions. Display results side by side to identify trends, variances and performance differences across the organization.

5

Trace financial results to their source

Drill from a reported balance into the underlying accounts, transactions and source documents. Investigate variances, validate balances and answer questions without searching through separate systems.

6

Control access to financial reports

Separate report-design permissions from report-running access. Control which users can create or modify report templates and which financial reports each user is authorized to view or run.

Take a closer look at the financial report designer

Take a closer look at the financial report designer

Gravity’s Advanced Financial Statements report designer gives authorized users control over how financial information is organized and presented. See how to configure report templates using companies, reporting periods, budgets, currencies, dimensions, rows, columns and calculations.

In this tutorial, you will see how to:

Configure report-level options
Build and format report rows and columns
Use relative dates for recurring reports
Select individual companies or entity groups
Filter financial data by segment or dimension
Compare actual results with budgets
Create totals, variances, ratios and percentages
Apply ownership percentages for joint ventures
Control access to report templates
Identify potentially unmapped accounts with exception reporting

Advanced Financial Statements report designer tutorial

Watch the full tutorial for a detailed look at creating and managing financial report templates in Gravity Software.

Extend your financial reporting capabilities

Extend your financial reporting capabilities

Gravity’s Advanced Financial Statements work with additional reporting tools that help finance teams analyze results and deliver relevant financial information to stakeholders throughout the organization. Gravity also connects reporting with the broader Microsoft ecosystem, allowing teams to use accounting automation to streamline related workflows and Microsoft 365 Copilot to work with financial information across familiar Microsoft applications.

1

Automate financial report distribution

Create report packages for owners, executives, department leaders and other stakeholders. Schedule recurring reports and tailor the financial information each recipient receives, reducing the time spent assembling and sending reports manually.

Explore automated financial report distribution

2

Visualize financial data with Power BI

Use interactive Microsoft Power BI dashboards to analyze current financial data from multiple entities. Give finance teams and business leaders intuitive visualizations for monitoring performance, identifying trends and supporting informed decisions.

Explore accounting software with built-in Power BI

3

Analyze performance using dimensions

Evaluate financial results by department, location, project or another business dimension without expanding the chart of accounts. Dimensional and hierarchical reporting helps finance teams compare performance across different parts of the organization.

Explore dimensional reporting

4

Build a flexible financial reporting structure

Organize financial data using account segments, dimensions and reporting hierarchies. Create a consistent reporting framework that supports detailed analysis while keeping the chart of accounts manageable.

Explore financial reporting structures

One database for multi-entity financial reporting

One database for multi-entity financial reporting

Branson Airports needed a more efficient way to access financial information across multiple entities. Moving from QuickBooks and Sage 500 to Gravity Software gave its accounting team one centralized database for financial reporting, month-end processes and audit support.

“QuickBooks and Sage 500 couldn’t handle our multiple entity needs. We had to log in and out of different applications to get the needed data and 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 companies needing accounting software. It provides us with ERP functionalities at an affordable price.”

— Jeremy James, Accounting Manager, Branson Airports

Financial reporting resources for growing businesses

Financial reporting resources for growing businesses

G2 'Users Love Us' badge, recognizing Gravity Software for its high customer satisfaction with an average rating of 4.0 stars or higher

Explore resources that can help your finance team recognize reporting challenges, strengthen financial structures, reduce spreadsheet dependency, improve financial visibility and evaluate reporting software as your organization grows.

Financial reporting complexity

Explore how additional entities, acquisitions, disconnected systems, spreadsheet dependency and more sophisticated requirements create reporting complexity for growing finance teams.

Chart of accounts consistency

See how inconsistent account structures create manual mapping, reporting discrepancies, consolidation problems and longer close cycles across multiple entities.

Moving beyond Excel spreadsheets

Understand how spreadsheet errors, manual data entry, version-control problems and disconnected information can affect financial reporting as an organization grows.

Continuous close accounting

See how ongoing reconciliations, automation, centralized financial data and real-time reporting can reduce period-end workloads, improve accuracy and provide more current financial visibility.

Multi-company financial dashboards

Explore how finance leaders can compare company performance, monitor trends, identify exceptions and move from organization-wide results into entity-level financial detail.

Financial reporting software features

Evaluate the reporting structures, drill-down capabilities, dimensions, automation, security and scalability growing organizations should consider when comparing financial reporting software.

Microsoft 365 Copilot for accounting

Explore how Microsoft 365 Copilot can help finance teams work with accounting information across familiar Microsoft applications, improve productivity and support faster decision-making.

AI tools for multi-entity accounting

Leverage AI-powered tools to automate and optimize multi-entity accounting, enhancing efficiency and accuracy across your organization.

Intercompany transactions simplified

Learn how Gravity Software simplifies the management of intercompany transactions, improving accuracy and saving time during the reconciliation process.

Frequently asked questions

Frequently asked questions

Find answers to common questions about Gravity Software’s Advanced Financial Statements, including report customization, multi-entity comparisons, drill-down capabilities and security.

What are Gravity Software’s Advanced Financial Statements?

Gravity Software’s Advanced Financial Statements provide flexible financial reporting tools for businesses managing multi-entity accounting. Finance teams can create income statements, balance sheets, cash flow statements, budget-to-actual reports and other customized financial reports within one system.

Can financial statement layouts be customized?

Yes. Users can control report rows, columns, headings, calculations, formatting and levels of detail. Reports can be designed for executives, department managers, boards, banks, investors and other audiences.

Can Gravity compare financial results across multiple entities?

Yes. Reports can display results by company, entity group, reporting period, budget, currency, segment or dimension. Users can compare entities side by side and calculate totals, variances, percentages and other performance measures.

Can users drill into the details behind reported balances?

Yes. Users can drill from a reported balance into the accounts behind it and continue to the underlying transactions and source documents. This helps finance teams investigate variances and validate financial results without searching through separate systems.

Can recurring financial reports be saved as templates?

Yes. Reporting structures can be saved as reusable templates for monthly, quarterly and annual reporting. Relative dates automatically adjust reports according to the selected reporting date.

Can Gravity export financial reports?

Yes. Financial reports can be downloaded to Excel or PDF for additional analysis, presentation and distribution.

Can access to financial reports be restricted?

Yes. Role- and entity-based security helps organizations control who can create, view or modify financial reports and which company information each user can access. Existing Microsoft 365 users can sign in to Gravity using the same work credentials through Microsoft Entra ID, including their organization’s single sign-on and multifactor authentication policies.

Does Gravity support consolidated financial reporting?

Yes. Gravity centralizes financial data from multiple companies in one database, allowing finance teams to produce consolidated and entity-level reports using current accounting data. Explore how Gravity supports the broader consolidated financial reporting process.

Create financial reports with confidence

Create financial reports with confidence

Give your finance team the flexibility to design, run and analyze financial statements using current data from across multiple entities. Schedule a personalized demo to see how Gravity Software can help you reduce manual reporting, compare entity performance and trace financial results back to their source.

Watch Gravity Software in action

See how Gravity Software brings multi-entity accounting, financial reporting, automation and real-time business insights together in one connected platform.

Watch the 11-minute highlights video below.