SKY Reporting™ - Analyzing Your Financial Efforts

Ellyn Hassell

We're excited to announce general availability of SKY Reporting™! To increase the impact on your mission and inform your next steps, it's important to keep your finger on the pulse of your organization's financial activity. With SKY Reporting™, you can — at a glance — assess your organization's overall accounting performance and effectiveness.


To help minimize impact, SKY Reporting™ will release in waves — following some learning with early adopters — to every organization using Financial Edge NXT (including yours!). Blackbaud will notify your organization when it becomes available to you. And when it does (if it hasn't already), here are some of the features you can expect.


In Analysis, you can quickly assess your organization's financial efforts across several areas using the following dashboards:

 

• Payables — review invoice balances for a specific timeframe based on post or payment status, as well as credits with your organization's vendors. Use this dashboard to determine what efforts need to be paid and when.
• Accounts   — examine general ledger accounts based on filters such as post date, encumbrance, budget scenario, and account category. Use this dashboard to determine how your accounts are performing against various budgets.
• Projects   — compare budget information with the actual activity of projects and accounts. Use this dashboard to determine if your project's budget — across accounts — is on target.
• Transaction Codes   — review your organization's transaction activity for a specific transaction code across all accounts.
• Metrics   — examine the health of your organization's data by tracking what is added and edited in your system.
• Project Income and Expenses — quickly assess your organization's income and expenses for one or more projects.
• Net Assets — quickly assess your organization's current net assets as well as trends.

Once you have SKY Reporting™, you'll find additional insight in the Help, complete with information about metrics, calculations, and best practices to keep things on track.