Business Central – Enhanced Financial Reporting Capabilities

From April 25, the no-code Financial Reporting feature offers significant benefits to finance departments by enabling self-service financial reporting and statements without the need for developer assistance. The enhancements in the release wave boost productivity by allowing report viewers to hide empty rows, and report owners to document usage, write introductory and closing paragraphs, save and run reports using Excel templates, and schedule report runs. Additionally, administrators can see required permissions and access telemetry for report usage and lifecycle events.

Overall, these improvements streamline financial reporting processes, saving time and resources while improving accuracy and accessibility.

In this release wave, we’ve enhanced the Financial Reporting feature with capabilities for report viewers, report authors, and administrators.

Financial report viewers can:

• Choose to hide empty rows when they view a financial report.

Financial report owners can:

• Document the use of the report (using an internal description field).
• Write introduction and closing paragraphs for their reports.
• Save their Excel templates in Business Central.
• Run a financial report using a saved Excel template.
• Schedule when to run a financial report.
• Use a new Month to Date column type.
• Find financial reports that use a column or row definition.
• Use an accounting format where negative numbers are formatted with () instead of a minus sign.
• Open financial reporting when they create a new G/L account.

Administrators can:

• Use the documentation to find out which permissions are needed to run or edit financial reports.
• Get telemetry on the use of financial reports and lifecycle events.

If you’d like to discuss more about Business Central’s upcoming changes, or about making the move across to BC, reach out today to Brookland Solutions for a no obligation discussion. Get in touch!