What's new
Value Accounting gives finance and management their own reporting dimensions on top of the general ledger. Tag transactions by business unit, location, project, customer, vendor or custom tags, and report on them without changing the primary ledger.
Tags transactions by business unit, location, project, customer, vendor or custom dimension
Reports profitability per customer or project from those tags
Keeps management reporting separate from the primary ledger and chart of accounts
Why it matters
Most teams answer "which customers are profitable?" by bloating the chart of accounts with segments or by rebuilding the P&L in a spreadsheet. Value Accounting keeps the statutory ledger clean and gives management its own view of the same transactions, so auditors and the leadership team each get the numbers they need.
