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Cost Acctg. Stmt. per Period (report)

The Cost Acctg. Stmt. per Period report generates a summary of posted cost entries grouped by reporting periods, such as months or quarters. It helps monitor trends and periodic spending.

You can apply date filters and cost dimensions to narrow down the results and focus on specific cost centers or timeframes.

Use cases

Analyze cost activity over specific periods, such as months or quarters, by reviewing posted cost entries grouped by reporting intervals. Use it to monitor cost trends and evaluate periodic spending patterns.

Tip

Here are some tips on how to use the report:

  • Review costs grouped by accounting periods to understand how expenses are distributed over time.
  • Monitor actual cost activity to identify trends, variances, or anomalies in spending.
  • Use date filters to focus your analysis. Date filters can narrow the report to specific months or quarters to help isolate trends or anomalies.
  • Apply cost dimensions for granular insights. Cost dimensions such as department, project, or cost center can break down cost data so you can better understand where spending is concentrated.
  • Compare periods to spot trends. Run the report for consecutive periods, such as Q1 vs. Q2, to identify increases or decreases in cost activity and investigate the causes.

Accountants can use the report to:

  • Review and validate cost postings.
  • Ensure alignment with financial records.

Controllers can use the report to:

  • Oversee cost center performance.
  • Support budgeting or forecasting activities.

Auditors might reference the report to verify the accuracy and completeness of cost entries during financial reviews or compliance checks.

Try the report

Try the report here: Cost Acctg. Stmt. per Period

Tip

If you hold down the CTRL key while you select the report link, the report opens on a new browser tab. In this way, you can stay on the current page while you explore the report on the other browser tab.

Cost accounting overview
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Ad hoc analysis on finance data
Financial analytics overview

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