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Record to Report Process
Manage all the activities related to general ledger accounts, legal declaration, financial reporting, etc.
Statistics and Reporting
Consulting the General Ledger Balance
You can display the balance of your general ledger, by account, period, or analytical dimensions (code part).

Record to Report Process
Manage all the activities related to general ledger accounts, legal declaration, financial reporting, etc.
- Mixed Payment
  Once you receive a payment from a customer, after you paid a supplier or for any bank transaction, you have to register it as a Mixed Payment in IFS Cloud.
- Opening and Closing Accounting Periods
  During the month-end closing process, the company's accountant need to block or open periods.
- Managing Fixed Asset Depreciation
  Set the depreciation details of the value of one or several fixed asset(s).
- Adding General Ledger Transactions
  You can add transactions to the general ledger, whether manually line by line, or by uploading a file with a predefined format.
- Matching Account Transactions
  Perform the Account Matching process to match transactions from the general ledger. The purpose is to match one or more debit transactions with one or more credit transactions from the same account.
- Creating a Bank Reconciliation Statement
  To create a bank reconciliation statement, you need to upload your bank statement, then match the transactions between your bank and the ones recorded in IFS Cloud.
- Tax Declaration
  This section explains how to declare VAT.
- DAS2 Declaration (FR Specific)
  This process helps you to extract amounts for DAS2 declaration. It is specific for Marport France.
- Managing Intrastat Declaration
  Each month, you need to submit an Intrastat report. This report is mandatory when there are goods exchanged within the European Union and the total value of these transactions exceeds a certain threshold.
- Managing Currency Revaluation
  Over a specific period, convert foreign currency transactions into the company's base currency. Due to exchange rate fluctuations, this revaluation enables the adjustment of outstanding amounts.
- Closing an Accounting Year
  The year-end closing process involves several steps to move the closing balances of balance sheet accounts from one year to the opening balances of the next year.
- Statistics and Reporting
  - Consulting Customer or Supplier Ledger Age Analysis
    Consult supplier or customer receivables on a specific period. It provides an overview of cash flow.
  - Consulting the General Ledger Rows
    You can display the details of entries from your general ledger, in order to analyze and extract all general ledger transactions.
  - Consulting the General Ledger Balance
    You can display the balance of your general ledger, by account, period, or analytical dimensions (code part).
  - Consulting Order Reports
  - Consulting the General Ledger Balances Split by Account Digit
    Create a PDF report listing the general ledger balances split according to the account digits.
  - Consulting Company Fixed Assets
    You can display the list of your company fixed assets.
  - Extracting a Legal Report Type
    You can export specific legal reports, such as a file of accounting entries (FEC for France).

Consulting the General Ledger Balance

You can display the balance of your general ledger, by account, period, or analytical dimensions (code part).

Go to Financials > General Ledger > GL Balance Analysis.
Click Group Data button above the list.
Choose the criteria you want to use to group the listed data, and choose the balance information to display via Summary On.
Important:
To display a Year to Date view, make sure to:
- deselect Period from the Group By criteria,
- in the filter bar, set Period to !=0 to exclude it, and enter your current year.