Consolidated Financial Statement
Overview
Consolidated Financial Statement
Module: Accounts
Report Type: Script Report
Reference: Account
Overview
The Consolidated Financial Statement report provides a combined financial view of multiple entities, branches, or business units within Dafater. Instead of reviewing each company or branch separately, this report brings their financial results together into a single, unified statement.
It is designed for owners, CFOs, finance managers, and senior leadership who need a high-level understanding of the overall financial health of the organization.
What Business Information This Report Provides
This report answers the question:
“What is the total financial position and performance of our business when all selected entities are viewed together?”
It typically shows: - Consolidated assets, liabilities, and equity - Consolidated income and expenses - Overall profit or loss - Financial trends across companies or branches
This helps leadership see the true scale and financial strength of the business as a whole.
When and Why to Use This Report
When to Use
- When managing multiple companies or branches
- During monthly, quarterly, or annual financial reviews
- For board meetings and executive reporting
- Before strategic planning or expansion decisions
- When presenting financials to investors, lenders, or auditors
Why It Matters
- Eliminates the need to manually combine multiple financial reports
- Ensures consistent financial comparison across entities
- Provides a single source of truth for consolidated performance
Key Columns and What They Mean for Business
Although the layout may vary depending on selected options, key columns usually include:
Account
- Shows the financial category (Cash, Revenue, Expenses, Loans, Payables, etc.)
- Helps understand where money is coming from and where it is going
Opening Balance
- Financial position at the start of the selected period
- Useful for understanding starting liquidity or obligations
Debit
- Represents expenses, asset increases, or outflows
- Helps identify cost drivers and cash usage
Credit
- Represents income, liabilities, or inflows
- Shows revenue generation and funding sources
Closing Balance
- Financial position at the end of the period
- Critical for assessing profitability, solvency, and financial stability
Available Filters and Their Business Purpose
Company / Entity
- Select one or more companies to combine financial data
- Useful for group-level or regional analysis
Date Range
- Defines the financial period (monthly, quarterly, yearly)
- Enables performance comparison over time
Account Type
- Focus on specific areas such as Assets, Liabilities, Income, or Expenses
- Helps in targeted financial reviews
Cost Center / Branch
- Analyze financial performance by location or department
- Supports accountability and cost control
Currency (if applicable)
- View consolidated figures in a single reporting currency
- Important for businesses operating across regions
How to Interpret the Results for Business Decisions
- Positive closing balances in income vs. expenses indicate healthy profitability
- High liabilities compared to assets may signal financial risk
- Rising expenses without matching revenue growth highlight cost inefficiencies
- Strong cash and asset positions support expansion or investment decisions
By reviewing trends across periods, leadership can: - Adjust budgets - Control costs - Improve pricing or revenue strategies - Plan funding or debt reduction
Common Use Cases and Scenarios
Group-Level Financial Review
A holding company reviews all subsidiary performance in one report to assess overall profitability.
Executive & Board Reporting
Leadership presents a consolidated view instead of multiple separate financial statements.
Strategic Planning
Management uses the report to decide whether to expand, restructure, or invest in specific business units.
Investor or Lender Discussions
Provides a clear, professional summary of the organization’s combined financial strength.
Year-End Financial Assessment
Finance teams use it to evaluate annual performance before audits or regulatory submissions.
Summary
The Consolidated Financial Statement in Dafater is a decision-making report, not just an accounting document. It gives leadership a clear, reliable, and comprehensive view of the business’s financial reality—enabling smarter planning, stronger control, and confident growth decisions.
Report Information
- Module: Accounts
- Related DocType: Account
- Report Type: Script Report
- Standard: Yes