Customisation options for financial statements
In Fathom, you’re able to add financial statements to a custom report at any time.
The layout and terms used in the financial statements are based on several customisation options:
What it does
Sets the vocabulary used in your financial statements (e.g. 'Profit & Loss' or 'Statement of Activities')
Controls the headings and subheadings in your statements and the order of the accounts within a classification.
Controls the order in which classifications and totals appear in the financial statements.
Controls which accounts are seen in the financial statements (e.g., all accounts, only headings, only classifications, etc.)
While the above options offer a lot of flexibility, 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 order of the classifications (outside of the available layout options)
Changing how a total or amount in the financial statements is calculated
For these options, you are able to use custom KPIs and KPI Trends tables to create your own custom financial statements.
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 how a subtotal/total is calculated, you'll first need to create custom formula KPIs to include these custom calculations in reports.
To create a custom formula KPI:
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.
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.
Additional knowledge & common questions