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Analytics and Business Intelligence >> Multidimensional Analysis

Multidimensional Analysis

Multidimensional Analysis Adds Multiple Dimensions to Your Transactions for Easy Analysis

Multidimensional Analysis provides the means to analyze financial, sales and purchase transactions using definable groups and codes, adding multiple dimensions to transactions without having to constantly create or redefine chart of account codes. Multidimensional Analysis makes it easy to analyze key information such as revenues and expenses by project, by enabling you to define unlimited projects and associate those projects with affected revenue or expense accounts. You can define any type of grouping you need, such as departments, product lines, regions, or employees.

During transaction entry, the amount can be allocated to different projects and posted to the Multidimensional Analysis tables for reporting and inquiry. For example, default percentages can be used to automatically record how much of each transaction should be shared among several projects.

Using Multidimensional Analysis, you can categorize and track highly specific transaction activity with ease, increasing the value of your financial information without undue administrative overhead.