About 2-8 Financial Reports
A Financial Report gives you the ability to summarize ledger accounts and consolidate company books into a single cohesive report (combined financial) that combines an income statement with a balance sheet for presentation to financial institutions.
You can combine ledger account balances together under a summary account. The summary account provides you with a means of combining many similar accounts under a single heading.
Important! You can consolidate company books into a single financial report only if all the data is on the same network drive.
Note: To consolidate the company books, Sage 100 Contractor combines the general ledgers based on the account numbering structures. It is important that the different companies use the same ledger structures; otherwise, the combined financial data is meaningless.