Financial Reporting Overview

GoldFinch Financial Reporting helps organizations prepare financial statements, analyze accounting activity, and monitor financial performance directly within Salesforce.

Reports use accounting information maintained in GoldFinch, allowing authorized users to review current and historical results without exporting financial data to a separate reporting system.

Key Capabilities

Financial Statements

GoldFinch supports commonly used financial statements, including:

• Balance Sheet
• Income Statement
• Cash Flow Statement
• Trial Balance
• General Ledger detail
• Budget-to-actual reports

You can configure financial statements around the organization’s chart of accounts, accounting periods, ledgers, and reporting requirements.

Accounts Receivable and Accounts Payable Reporting

GoldFinch provides supporting reports for monitoring customer and vendor balances, including:

• Accounts Receivable aging
• Accounts Payable aging
• Customer activity
• Vendor activity
• Outstanding invoices and credits
• Receipt and payment activity

These reports help accounting teams investigate balances and manage collections and payment priorities.

Current Financial Information

GoldFinch maintains summarized General Ledger information based on posted accounting entries to support financial reporting.

Authorized users can run reports during an accounting period and review current results without waiting for a separate data-transfer or period-end reporting process.

Historical and Comparative Reporting

Reports can be prepared for selected dates and accounting periods, helping users understand financial position and performance over time.

Depending on the report, users may compare:

• Current period with prior periods
• Current year with prior years
• Actual results with budget
• Individual companies or ledgers
• Departments, branches, projects, funds, or other dimensions

Historical reporting can support management review, trend analysis, period-end closing, and audit preparation.

Configurable Report Structures

Financial statements can be configured to reflect the organization’s reporting format.

Depending on the report, authorized users can define:

• Report rows
• General Ledger account groupings
• Report columns
• Period comparisons
• Formulas and calculated totals
• Headings and presentation
• Company and ledger filters
• Financial-dimension filters

Detailed report configuration is normally completed during implementation or by an authorized accounting administrator.

Financial Dimensions

Organizations can analyze financial results using configured accounting dimensions, such as:

• Department
• Branch
• Location
• Project
• Fund
• Program
• Business unit

Available dimensions depend on the organization’s accounting structure and configuration.

Multi-Company, Multi-Ledger, and Multi-Currency Reporting

Organizations with more complex financial structures can prepare reports using criteria such as company, General Ledger, currency, and reporting period.

Depending on the configuration, reporting capabilities may include:

• Separate company financial statements
• Comparative company or ledger reporting
• Currency-converted reporting
• Intercompany and elimination activity
• Consolidated financial statements

Budget Reporting

GoldFinch supports budget information that can be reported alongside actual accounting results.

Budget reporting can help organizations:

• Compare actual results with approved budgets
• Identify favorable and unfavorable variances
• Review performance by period
• Analyze budgets by financial dimension
• Support planning and management review

General Ledger Inquiry

Authorized users can investigate account balances and financial results by reviewing the underlying General Ledger activity.

Depending on the report and transaction, users may be able to trace an amount to:

• General Ledger accounts
• General Ledger entries
• General Journals
• Customer transactions
• Vendor transactions
• Bank activity
• Other originating records

This connection provides a clearer audit trail and helps users understand how reported balances were created.

Salesforce Reports and Dashboards

In addition to GoldFinch financial statements, organizations can use Salesforce reports and dashboards to monitor financial records, workflow status, trends, and exceptions.

Examples include:

• Revenue and expense trends
• Cash balances
• Outstanding receivables and payables
• Budget variances
• Unapproved transactions
• Unreconciled bank activity
• Period-end exceptions
• Transactions requiring attention

Salesforce reports support operational analysis, while GoldFinch financial reports provide structured accounting statements.

Business Benefits

GoldFinch Financial Reporting can help organizations:

• Access current financial information within Salesforce
• Reduce reliance on disconnected spreadsheets
• Analyze results across companies and financial dimensions
• Compare actual performance with budgets
• Investigate reported balances more efficiently
• Improve management visibility
• Support period-end closing and financial review
• Maintain traceability between financial reports and underlying transactions

Security and Access

Access to financial reports and underlying accounting records is governed by the organization’s configured Salesforce security and GoldFinch permissions.

Users can view only the companies, records, transactions, and financial information authorized for their assigned responsibilities.

Related Capabilities

• General Ledger
• Accounts Receivable
• Accounts Payable
• Multi-Company, Multi-Ledger, and Multi-Currency Accounting
• Financial Consolidation
• Financial Closing
• Bank Reconciliation and Bank Connect

Detailed report setup, formula syntax, budget procedures, General Ledger Summary management, and troubleshooting resources are available to signed-in GoldFinch customers and approved partners.