Customisation options for financial statements
In Fathom, you’re able to add financial statements to a custom report at any time.
The layout of these financial statements, including the order of accounts and the names of headings & subheadings, is based on how you’ve set up the Chart of Accounts in your company’s Settings in Fathom.
While there are many formatting options that allow you to customise the existing financial statements, such as showing more or less detail and switching to an EBITDA layout for a Profit & Loss or Income Statement, some customisations require you to use a KPIs or KPI Trends table instead of the templated financial statements. Customisations that require a KPI or KPI Trends table include:
Changing the name of an account classification
Changing the name of an account or subtotal/total
Changing the calculation of a subtotal/total
For these options, you are able to use custom KPIs and KPI Trends tables to create your own custom financial statements.
📝 Note: If you only want to change the title of a Financials or Financial Snippet table, then you can do so by hovering over the table and selecting the green 'Pencil' icon. The title of Financial Trends tables cannot be changed, you can use a KPI Trends table instead.
Building a custom financial statement
The outlined process for building a custom financial statement is the following:
Create custom KPIs or headings to use in your custom statement
If you want to change the name of an account, account classification, or subtotal/total or change the formula for how a subtotal/total is calculated, then you'll first need to create custom formula KPIs to include these custom names and calculations in reports.
You can also create headings in your Chart of Accounts to use in place of the current classification names.
To create a custom formula KPI:
Once you've set up all of the custom KPIs you’ll be using, you can go into the Report Centre for the company to create or edit a custom report or template.
Add a KPI or KPI Trends Table to your report
In a custom report,
Customise the table to suit your needs
Save the report as a template
Once you’ve created your custom financial statement, we recommend turning your report into a custom template.
This will allow you to easily re-create the report in future periods, schedule reports to be automatically created for future periods, and share the report, with the custom financial statement, across multiple companies in your Fathom organisation.
You can share a template with all of the companies in your organisation, all of the companies in a consolidated or benchmark group, or with individual companies.
If you're happy with the report template and want future reports to be created automatically from the template, you can create a schedule for the template.
You're also able to create reports from the template which you can edit and then turn into new custom templates.
💡Pro Tip: When a KPI table or custom financial statement is shared across companies or groups, the rows in the table will be matched according to our matching methodology.