1. Access the Reports Section
From your GATHER.nexus dashboard, go to Group Financial Reporting > Reports. Click the Add Report button in the top right.
Tip: Balance sheets are point-in-time reports, so align your report period with month-end, quarter-end, or year-end dates.
2. Configure Report Basics
Report Name: Add a clear title (for example, “Year-End Balance Sheet 2025”).
Group: Select your reporting group.
GRT: Choose your balance sheet Group Reporting Template.
3. Set Reporting Parameters
Year: Select the financial year.
Frequency: Choose Monthly, Quarterly, or Annually.
Period: Select the period-end date.
4. Choose Currency
Report Presentation Currency: Select from the dropdown (for example, USD).
Balance sheet items use the closing rate for the chosen period.
5. Generate and View
Click Add to create your report.
In the Reports list, click Preview to open it.
Advanced Analysis & Insights
1. Understanding Your Consolidated Balance Sheet
Your report displays:
Header: Group name, report date, currency, completion status
Sections:
Assets (Current / Non-Current)
Liabilities (Current / Non-Current)
Equity
Balance Check: Assets = Liabilities + Equity
Drill-Down: Click any line item to see the underlying transactions by entity
2. Managing Your Balance Sheet
Edit: Click the pencil icon to adjust settings like date, currency, or included entities.
Duplicate: Create a new version for a different period for comparison.
Delete: Remove outdated reports after ensuring audit requirements are met.
3. Customizing Your Report
From the Settings panel you can:
Change reporting periods or add comparatives
Filter by Group Class
Show or hide journals and intercompany accounts
Include or exclude specific entities
Change currency display options
4. Sharing and Exporting
A.) Email:
Send directly to up to 10 recipients
Formats: XLSX, XLS, or PDF
Add optional commentary (up to 500 characters)
B.) Export:
Download in professional formats for further analysis or presentation
Note: Advanced analysis lets you drill into transactions, view entity contributions, check closing exchange rates, confirm completed consolidations, and add contextual notes.
Need help? Visit gather.nexus, click the chat icon in the bottom-right corner, or email us at [email protected] for assistance.