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Sagar MadkaikarSagar Madkaikar 

Financial Statement Implementation

Hi,

 We have a requirement where the client wants to build a Form in SFDC to capture Financial Information of the company for different quarters e.g: Balance Sheet , Profit and Loss Statements etc.

We have provided 2 solutions to client :
1. Create custom UI in SFDC which will simulate Excel functionality.
2. Let the users work in excel and once all the file is ready, upload it in SFDC as a CSV and SFDC system will read the CSV and store all the data from file to various objects

Has anyone implemented such financial statement functionality in SFDC before or have any alternate solution for this?

Regards,
Sagar Madkaikar

 
Maichal ChalMaichal Chal
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Alesa EvonAlesa Evon
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Kim HarryKim Harry
Hey,

How to Prepare Financial Statements?

Step 1: Verify Receipt of Supplier Invoices. 
Step 2: Verify the Issuance of Customer Invoices. 
Step 3: Accrue Unpaid Wages. 
Step 4: Calculate Depreciation. 
Step 5: Value Inventory. 
Step 6: Reconcile Bank Accounts.
Step 7: Post Account Balances.
Step 8: Review Accounts.

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