Towards an analysis-ready file for reporting #2

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If a package offers an analysis-ready file it makes reporting far easier. The data is formatted ready for immediate use in reports, and you don't have to search among the raw data tables to find it. In his first article, David Carter listed the fields he would like to see in an analysis-ready file for nominal ledger reporting. Below he discusses the principles behind his selection.

An analysis-ready file is a single file from which accountants are able to produce all the general ledger (GL) reports they are likely to need. Accounting software developers need guidance from accountants ' the users - as to what fields it should include.

In my first article I listed 45 fields I would like to see in an analysis-ready file. However, every accounts package is organised differe...

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