Dimensional & Hierarchical Reporting for Multi-Entity Accounting

Streamline multi-entity reporting with dimensions and hierarchical features

Streamline multi-entity reporting with dimensions and hierarchical features

At Gravity Software, we understand the challenges multi-entity businesses face in managing complex financial data. Our Dimensional Reporting and Hierarchical Dimensions features, built natively on the Microsoft Power Platform, provide you with the tools you need to simplify financial reporting, improve accuracy, and gain deeper insights. With the power of multi-entity accounting software, you can track and manage your operations across multiple locations, departments, or projects with ease.

Take control of your financial data today—schedule a demo to explore how Gravity Software can help you unlock actionable insights.

Unlock the power of dimensional reporting

Unlock the power of dimensional reporting

Discover how Gravity Software’s Dimensional Reporting allows you to tag transactions by location, employee, department, or project. With this powerful tool, you can generate real-time reports and gain flexible insights without expanding your chart of accounts. Watch the video to see how it can transform your financial data analysis.

Watch the Dimensional Reporting video below and schedule a demo today to see it in action.

See Dimension 1 in action

The screenshot above showcases how Dimension 1 can be used to tag transactions within Gravity Software. This powerful feature allows you to categorize your financial data by specific dimensions such as locations, departments, or projects. By assigning values to Dimension 1, you gain better control over your reporting, enabling you to generate real-time insights across multiple entities.

With Gravity’s customizable dimensions, you can effortlessly track and analyze financial data, eliminating the need for complex chart of accounts.

Schedule a demo to explore how Dimension 1 and other advanced reporting features can streamline your financial management.

Enhance your reporting with Hierarchical Dimensions

Enhance your reporting with Hierarchical Dimensions

Hot air balloon icon symbolizing elevated reporting with Gravity Software's Hierarchical Dimensions.

Take your reporting to the next level with Gravity Software’s Hierarchical Dimensions. This advanced feature lets you create structured, parent-child relationships between your tags, offering more organization and precision in your financial reporting. Watch the video below to learn how it improves data accuracy and simplifies financial workflows.

To learn more, schedule a demo to see Gravity's multi-entity accounting software in action.

Move beyond a bloated
Chart of Accounts

Move beyond a bloated
Chart of Accounts

Traditional accounting systems often require businesses to expand their Chart of Accounts to track multiple departments, cost centers, or project codes. This can lead to complexity and inefficiency. With Gravity Software, you can simplify this process by tagging transactions using dimensions, providing you with clean, consistent data and greater flexibility in your reporting.

Key benefits of dimensional reporting:

1

Tag entries with any combination of values

You can assign multiple values (e.g., location, employee, department, project, etc.) to journal entries, bills, and invoices. This allows you to capture more detailed information without overcomplicating your chart of accounts.

2

Create logic rules for tag usage

Gravity Software enables you to define rules for when tags must or must not be used. This ensures that your data is consistently tagged, enhancing data accuracy and ensuring that financial reports reflect your business logic.

3

Build hierarchies across dimensions

With Hierarchical Dimensions, you can create parent-child relationships between tags (e.g., project → task). This structured approach provides a more organized way to analyze data and facilitates streamlined reporting across different business entities or departments.

4

Run reports across companies, departments, or projects instantly

Gravity Software’s powerful reporting tools allow you to run real-time reports across multiple entities, departments, or projects. You can easily filter and view consolidated data, giving you actionable insights for better decision-making.

Client Success Story: Megastar Advisors and Insurance Wholesaler

Client Success Story: Megastar Advisors and Insurance Wholesaler

Rosanne Nobile, Controller at Megastar Advisors, sharing her experience with Gravity Software's Dimensional Reporting.

Rosanne Nobile, Controller at Megastar Advisors, shares her experience with Gravity Software:

"Gravity Software’s Dimensions feature has been a powerful tool for tracking meaningful data. It’s cost-effective, easy to navigate, and allows us to create custom reports, including consolidated financials we couldn’t do before. The support team is exceptional, resolving issues within a day. Gravity exceeded our expectations."

Insurance wholesaler & marketing firm Customer Success

This insurance wholesaler and marketing firm was previously using QuickBooks Desktop to manage 7 companies and migrated to Gravity Software for more efficient multi-entity management. They expect to expand to 8 companies next year. With different partners in each office, they needed a solution to consolidate data across multiple entities seamlessly.

Gravity Software's multi-entity accounting and dimensional reporting features helped streamline their operations and provide real-time insights. The ability to customize reporting by dimension has enabled them to track financial data by office, partner, and other key metrics—without the complexity of managing a bloated chart of accounts.

Read more about our customer success stories.

Get the insights you need with Gravity Software

Get the insights you need with Gravity Software

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

Explore comprehensive resources to help you make the most of Dimensional Reporting and Hierarchical Dimensions. From case studies to blogs and guides, these materials will help you understand how Gravity Software can streamline your financial processes and reporting.

Data Security in Accounting

Learn how Gravity Software ensures secure, encrypted storage and compliance for all your accounting data, safeguarding your business from potential threats.

BII Case Study

Explore how Gravity Software helped BII transform their financial processes, streamline reporting, and scale their operations across multiple entities.

ERP Solutions for Small Businesses

Discover how an ERP system tailored for small businesses can streamline operations, improve efficiency, and scale with your growing company.

Guide to Multi-Entity Accounting

This guide explores how Gravity Software's multi-entity accounting features simplify managing multiple businesses, entities, and complex financial structures.

7-Minute Gravity Software Demo Highlights

Watch this quick 7-minute demo to get an overview of Gravity Software's powerful features and see how it can simplify your financial management.

AI-Powered Accounts Payable Automation

Discover how Gravity Software’s AI-powered AP automation can optimize your accounts payable process, improve accuracy, and save time.

Cloud Collaboration with Microsoft 365

Learn how integrating Microsoft 365 with Gravity Software enhances collaboration and boosts productivity with seamless cloud-based accounting and reporting.

Automated Financial Report Distribution

Discover how Gravity Software automates the distribution of financial reports, saving time and ensuring consistent, timely delivery to stakeholders.

Solving Small Business Pain Points

Explore common accounting challenges faced by small businesses and how Gravity Software provides effective solutions to improve efficiency and accuracy.

Frequently asked
questions

Frequently asked
questions

As you explore the benefits of Dimensional Reporting and Hierarchical Dimensions with Gravity Software, you may have some questions about how these features work and how they can transform your financial reporting. Below, we've answered some of the most common questions about tagging transactions, building hierarchies, and using these tools for multi-entity accounting. If you need further clarification, don’t hesitate to schedule a demo or contact us!

What is dimensional reporting in accounting software?

Dimensional reporting allows you to tag financial transactions with customizable attributes, such as department, project, location, or employee. This provides more flexibility than a traditional chart of accounts by letting you analyze financial data without expanding account structures. Hierarchical Dimensions enhance this by allowing parent-child relationships between tags, offering more precision and organization in your reports.

How many dimensions can I use in Gravity Software?

Gravity Software currently allows you to use up to three dimensions for each transaction, enabling you to tag entries by different attributes such as location, employee, department, or project. Hierarchical Dimensions allow you to organize these tags in a parent-child relationship, providing more detailed and structured reporting across your multi-entity business.

Can I apply rules to control when dimensions are required?

Yes, you can define rules in Gravity Software for when specific dimensions are required or optional. This ensures data consistency and helps in generating reports based on the predefined rules. Hierarchical Dimensions can also be structured to apply specific rules within parent-child relationships.

Does Gravity allow dimension hierarchies (like project → task)?

Yes, Gravity Software supports Hierarchical Dimensions, which let you create parent-child relationships between tags (e.g., project → task). This provides more organized and structured reporting, particularly for businesses that need to track data across multiple levels of operations.

Where can I apply dimensions in the system?

You can apply dimensions across the key transaction types in Gravity Software, including:

Bank Book Entries
Inventory Transactions
Invoices
Journal Entries
Purchase Orders
Sales Orders
Vouchers

Wherever these transactions occur, Gravity allows you to tag them with up to three dimensions — giving you powerful control over how financial activity is tracked and reported.

Hierarchical Dimensions can be used across different entities or departments for more granular reporting and analysis.

Can I report by dimension across multiple companies?

Yes, Gravity Software’s dimensional reporting capabilities allow you to generate reports across multiple entities. Hierarchical Dimensions add an extra layer of organization by letting you analyze data within specific business units or departments.

Can I export dimensional reports to Excel or Power BI?

Yes, Gravity Software allows you to export dimensional reports to both Excel and Power BI, giving you greater flexibility in how you manage and analyze your financial data. You can also use Hierarchical Dimensions for more detailed exports.

Does Gravity support budgeting by dimension?

Yes, Gravity Software supports budgeting by dimension, which allows you to allocate and track budgets based on customizable attributes such as location, department, or project. This feature works seamlessly with both Dimensional Reporting and Hierarchical Dimensions.

How does dimensional reporting differ from segmented accounts?

Dimensional Reporting provides more flexibility than traditional segmented accounts, allowing you to tag transactions with various dimensions without expanding your chart of accounts. Hierarchical Dimensions take this further by organizing dimensions in parent-child relationships, offering more structure and precision in your reporting.

Is dimensional reporting included with Gravity, or is it an add-on?

Dimensional Reporting and Hierarchical Dimensions are included as part of Gravity Software’s core features, enabling multi-entity accounting without the need for additional add-ons.