The main source of financial reporting is the main accounts. The components of financial reporting include a balance sheet, income statement, trial balance, cash flow, and more. The normal scenario is that the main account's balances do not mean much when it comes to analysis. This is because it is a total of the posted transactions' amounts, and it is required to be able to dig into this total breakdown. In other words, it provides us with information on how this amount is allocated, for example, among business units and departments. This allocation gives the lowest level of analysis to break down the same balance for a main account by more than one dimensional perspective.
The following ...
