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Built-in cost accounting reports in Business Central

Business Central includes several built-in reports, tracing functions, and tools to help auditors or controllers who are responsible for reporting to the finance department.

Explore finance reports with Report Explorer

To get an overview of the reports that are available for finance, choose All Reports on your Home page. This action opens the Role Explorer, which is filtered to the features in the Report & Analysis option. Under the Finance heading, choose Explore.

Example of reports on the finance role center

To learn more, go to Finding pages and reports with the role explorer.

Cost accounting reports

Tip

If you have a production environment for Business Central online, you can click on a report ID in the following table to open the report in the product. If you want to stay on this page, hold down CTRL before you click. In most browsers, the report opens in a new browser tab.

The following table describes financial reports for cost accounting.

To... Open in Business Central (CTRL+select) Learn more ID
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. Cost Acctg. Stmt. per Period About Cost Acctg. Stmt. per Period 1123
Break down total costs by category, such as labor, materials, and overhead, to analyze how each cost type contributes to overall expenses. Use the report for detailed cost tracking and filtering by period or cost center. Cost Types Details About Cost Types Details 1125
Get a summarized view of total costs across dimensions like departments or cost centers. Use this report to review cost totals, apply filters for period, cost type, or object, and support operational decision-making with a high-level overview of posted cost data. Cost Acctg. Statement About Cost Acctg. Statement 1126
Compare actual costs to budgeted values to identify variances and improve forecasting. Select the relevant period and budget version to analyze where costs exceeded or fell below expectations. Cost Acctg. Analysis About Cost Acctg. Analysis 1127
Review and validate posted cost entries by listing journalized transactions with amounts, dates, and dimensions. Use this report to trace cost postings and ensure accuracy in cost accounting. Cost Acctg. Journal About Cost Acctg. Journal 1128
Evaluate how costs are allocated across cost centers, cost objects, or dimensions using defined allocation rules. Use this report to understand cost distribution and support cost control efforts. Cost Allocations About Cost Allocations 1129
Compare actual costs against budgeted amounts by cost center to identify variances and improve budgeting accuracy. Use this report during planning cycles to monitor cost performance and highlight gaps between projections and actuals. Cost Acctg. Statement/Budget About Cost Acctg. Statement/Budget 1133
Analyze balances for cost accounts and budgets to support financial planning and control. Use filters like fiscal year, cost type, or budget version to tailor insights and ensure accuracy. Cost Acctg. Balance/Budget About Cost Acctg. Balance/Budget 1138

Ad hoc analysis on finance data
Power BI finance app
Financial analytics

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