The standard report 'Condensed Period Balance Sheet' shows the balances of the general ledger accounts for the selected period at the chosen consolidation level in the selected fiscal year.

The standard report 'Condensed Result Comparison' provides an overview of the balance/budget factor, period budget, period balance, and discrepancies per general ledger account.

The standard report 'Condensed Trial Balance Sheet' displays a condensed trial balance for a selected period. It shows the opening balance, totals of debit and credit entries, the balance, and the closing balance per general ledger account. The data is grouped by categories and optionally at sublevels. Totals are calculated per group, and there are options to suppress accounts or groups without transactions. The report supports financial control and preparation for further reporting.

The standard 'General Ledger Journal' report provides an overview of all financial transactions based on journal entries.

The standard dashboard 'Outstanding Items by Reference Period' displays the outstanding debtor and creditor items based on the specified fiscal year and period. The purpose of this dashboard is to provide insight into the outstanding items by reference period to verify the financial reconciliation with the general ledger.

For setting up the financial administration, the administration settings for certain financial bookings are important or even decisive. This article provides an explanation of cost price booking, manual invoicing, installment invoicing, post-calculation, working without items, outsourcing, and 'Never anonymously from stock'.

MKG has three ways of furnishing: Basic, Basic+ and Customer-specific. Which set-up you have for your financial administration is chosen during the implementation process. This article shows the differences between the three setups.

Depending on the financial setup, entries are recorded in the administration. When creating a financial entry, MKG process tables are consulted to determine which general ledger account is posted. This article shows the interrelation between all financial entries.

Example entry 'General Ledger' in the 'Cash' journal after executing the action 'Cash Payment'. Transaction type 12 General Ledger Payment.

Example entry 'Manual Journal' in the 'Manual Journal' journal after the action 'Manual Journal Entry'. Transaction type 13 Manual Journal.

Example entry 'Manual Purchase Invoice with Approval' in the 'Purchase (manual)' journal following the actions 'Manual Purchase Invoice' and 'Approve Invoice'. Transaction type 15 Manual Purchase Invoice.

Example entry 'Manual Sales Invoice' in the 'Sales (manual)' journal following the action 'Manual Sales Invoice'. Transaction type 14 Manual Sales Invoice.

Example entry 'Manual Purchase Invoice without Approval' in the 'Purchase (manual)' journal after the action 'Manual Purchase Invoice'. Transaction type 15 Manual Purchase Invoice.

Assets, such as machines, that have been depreciated can be taken out of service and potentially sold. This investment needs to be deactivated. In this article, you will learn how to deactivate an asset.

MKG has two standard dashboards that help you gain insight into the sales result: Invoice margins and Financial sales analysis. Which dashboard you can use depends on the financial structure of MKG.

Quickly gain insight into sales results? The standard dashboard 'Sales Analysis Financial' offers an analysis of the sales postings of the selected periods from the registered fiscal year based on financial transactions.

Assets, such as machines, are registered in the 'Fixed Assets' module. By tracking investments via a separate ledger account, insights are gained into investments made during a specific period. This article explains how to create and activate an asset.

You regularly receive statements from the bank. The bank statement shows the debits and credits for a certain period and the balance of the bank account at that time. In this article, you will learn how to manually book a bank statement.

The standard dashboard 'Trial Balance' provides an overview of the balances of all general ledger accounts, divided into balance sheet and profit and loss. The general ledger categories can also be viewed in an aggregated form up to 2 levels.

The importing of bank statements provides the opportunity to process bank statements automatically in MKG.