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Quick Start: How to Mark An Account Applicable To EBITDA

Summary

A number of our financial reports, including Advance Analytics, has the ability to calculate your EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) for you when you view that report.

If none are checked every single account will be considered for that calculation, which then throws it into a logical error as your earnings are being calculated before being netted, and then the EBITA calculation is suppose to use that number and subtract the proper accounts. But without any of them checked it will try to subtract 0 accounts through the earning, usually resulting in a negative number, which doesn't make sense to the system.

 

How To

Here is how you flag your accounts:

  1. Go to Financials->Chart of Accounts and then audit your Profit and Loss accounts.
  2. In each of the P&L accounts that are not relevant to the calculation, check the box "Exclude From EBITDA"

Once completed, the reports should calculated the value correctly.

 

Version 4.5.1.0

 

 

 

 

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