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Enhanced Financial Reporting with SoftLedger: A Game Changer for Businesses

Sep 16, 2024

At SoftLedger, we’re constantly innovating to bring you the most powerful and user-friendly financial tools in the industry. Today, we’re thrilled to announce our latest advancement: the Enhanced module. This cutting-edge addition to our platform is set to transform how businesses handle their financial reporting. Let’s dive into the exciting features that make Enhanced Reporting a game-changer in the world of accounting software.

1. Comprehensive Report Types

Enhanced Reporting introduces a wide array of report types to cater to all your financial reporting needs. From balance sheets and income statements to trial balances and general ledgers, we’ve got you covered. Our system now supports:

  • Balance Sheet
  • Income Statement
  • General Ledger
  • Trial Balance
  • Trial Balance by Posted Currency
  • Journal Lines
  • Ledger Account by Dimension
  • Ledger Account Review Report

2. Customizable Report Layouts

We understand that every business is unique, which is why we’ve implemented a powerful report layout editor. This feature allows you to:

  • Customize the structure of your financial reports
  • Drag and drop sections to reorder your report
  • Add, edit, or remove items with ease
  • Preview changes in real-time
  • Tailor your reports to match your specific business needs and presentation preferences

3. Advanced Filtering and Grouping

Enhanced Reporting takes data analysis to the next level with advanced filtering and grouping options:

  • Filter reports by various criteria such as date range, account types, and more
  • Group data by custom dimensions, giving you unprecedented flexibility in how you view your financial information
  • Easily switch between different grouping levels to gain both high-level overviews and granular details

4. Comparative Reporting

Our new comparative reporting feature allows you to:

  • Compare financial data across different periods (monthly, quarterly, or yearly)
  • Visualize trends and changes in your financial position over time
  • Customize the number of comparative columns to suit your analysis needs
  • This powerful tool enables better decision-making by providing clear, side-by-side comparisons of your financial data.

5. Intelligent Account Mapping

Say goodbye to manual account mapping headaches. Enhanced Reporting introduces smart account mapping capabilities:

  • Automatically detect and suggest mappings for unmapped accounts
  • Easily identify and resolve unused accounts in your report layouts
  • Receive alerts for missing report groups or unmapped subtypes

6. Seamless Export Functionality

Sharing your financial reports has never been easier. With Enhanced Reporting, you can:

  • Export reports to Excel with a single click
  • Customize export layouts to match your branding
  • Include detailed metadata and report configurations in your exports
  • Our export function preserves all the formatting and structure of your reports, ensuring that your financial data looks great whether it’s on-screen or in a spreadsheet

7. Real-time Data Updates

Enhanced Reporting leverages the latest in web technologies to provide real-time updates to your reports. As your data changes, your reports automatically refresh, ensuring that you’re always looking at the most up-to-date information.

8. User-Friendly Interface

We’ve redesigned our interface to be more intuitive and responsive than ever. With a clean, modern look and feel, Enhanced Reporting makes navigating complex financial data a pleasure. Our new sidebar design allows for easy access to configuration options without cluttering your main view.

Conclusion

Enhanced Reporting is more than just an update – it’s a complete reimagining of how financial reporting should work in the modern era. By combining powerful features with an intuitive user interface, we’re empowering businesses to take control of their financial data like never before.

Experience the future of financial reporting with SoftLedger’s Enhanced Reporting module. Upgrade today and transform the way you interact with your financial data! If you are one of our valued customers and would like to learn more, reach out to support@softledger.com

If you are new to SoftLedger, Welcome! Please take a look at our Free Trial.


About SoftLedger

SoftLedger, founded in 2015, delivers streamlined accounting for small and medium enterprises. The platform blends powerful accounting software with an API-first approach. SoftLedger caters to CFOs and controllers who have outgrown QuickBooks or Xero, and are seeking a better alternative to Sage Intacct and Oracle NetSuite. Customizable, yet easy to use, SoftLedger empowers finance professionals to simplify complex processes and add strategic value to their business. With over 150 connectors and rapid onboarding, new customers usually get to their first close of books on SoftLedger in 30 days. With key digital asset partnerships like Lukka, NODE40, Hyperion and more, SoftLedger is revolutionizing the value that finance teams deliver for digital asset businesses. Visit softledger.com and follow SoftLedger on Linkedin.

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Geoff Ostrega
CTO & Co-Founder at SoftLedger
Geoff is the CTO and Co-Founder of SoftLedger. He has deep experience with cloud architecture and designing scalable distributed systems. Geoff started in telecom engineering, often the sole engineer on domestic and international deployments, and was named the top engineer at his most recent company.

Frequently Asked Questions

Yes, users have the option to use their own chart of accounts or SoftLedger’s standard chart of accounts when getting started with SoftLedger.  SoftLedger’s flexibility allows users to make changes to their charts by easily adding new accounts.

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