As a Financial Manager, I would like to be able to view Actual and Budget reports with expense amounts showing as negative for a clearer representation of the financial position, where expenses are deducted from Income because currently both Income and expenses reflect on reports as positives which can be confusing to interpret.
Enhancement ShortFall :
Normally Incomes carry a credit balance (represented as a positive) with debit balances for expenses (expectation is represented as a negative) as incomes and expenses are opposites.
For users (some novices) who work with different accounting systems to then see these positives may interpret as representing the same carrying balance (credit for income and credit for expenses).
Expected Outcome :
The benefits include, at a glance users are aware that presented amounts are either credit or debit without having to validate / verify the balances. Users do the work necessary data capturing and not report writing and customization.
If not implemented monthly one has to in excel customize the expense balances to negative signs (manually) which is prone to error and data integrity issues especially if the data is large. Extra unnecessary time spent customizing a report which can be standardized.
Some accounting organizations use Sage 200 for their accounting work and imagine having to amend 40 to 50 reports after having captured data extensively.
