The final step in the period closure is managing the financial reporting. Once all financial transactions are correctly processed, various reports can be generated in MKG. This includes not only mandatory reporting to the Tax Authorities but also various internal reports.

To be able to create financial reconciliations with subledgers, not only the financial setup of MKG is important, but also the correct reports to verify these reconciliations. This article shows the relationship between the reconciliations and the reports and dashboards.

The standard dashboard 'Period Balance Sheet' provides an overview per general ledger account of the balance sheet and the profit and loss account.