| # Ratios (tffst6600m000) Use this session to maintain ratio details and ratio variables. Ratio Details Ratio Represents the proportion of two values, based on a specified formula that uses the data included in a financial statement. Examples are the current ratio and the quick ratio, which represent the liquidity position of the company. Ratios are used to: Calculate values for financial statement accounts, consolidated statement accounts, and annexures. Define formula variables used to calculate ratio values. Description The ratio description. Ratio Currency The currency to which the ratio applies. Formula Indicates how the values of the statement column must be calculated. The formula contains variables that are linked to statement account values. Example
    a + b - c
Where:
a | = | Opening balance
b | = | Debit amount
c | = | Credit amount
Enter the formula which will calculate the rattio value. This formula consists of several variables, each representing a certain value. These variables must have been defined in the Ratio Variable field of the Ratio Variables (tffst6101m000) session. The formula has a maximum of 26 variables (values a - z). Rounding Indicates how the value calculated for the selected ratio (using the formula defined in the Formula field) must be rounded off. Related topics Rounding Method Decimals Indicate how the value calculated for the selected statement column must be rounded off.. Note This field does not have any effect on the values printed on the annexure. The annexure contains the exact values without any rounding or reproduction. Reproduction Indicates how the amounts, calculated according to the data defined for the selected ratio, must be displayed in the financial statement. You can select one of the following options: Normal Thousands Millions Example The example below shows how a value will be displayed in the selected statement column, based on the following data.
Rounding | Decimals | Reproduction | Result
Normal | 2 digits after dec sign | Normal | 5756.98
Up | 2 digits after dec sign | Normal | 5756.99
Normal | On Unit | Normal | 5757
Down | 3 digits before dec sign | Normal | 5000
Down | 3 digits before dec sign | Thousands | 5
Up | 3 digits before dec sign | Normal | 6000
Normal | 3 digits before dec sign | Thousands | 6
Normal | 6 digits before dec sign | Millions | 0
Output Format output format Post to History If this check box is selected, the ratios are stored by period. Control Ratio Status Either Registered or Approved. User Created The logon code and name of the user who created the ratio. Date Created The date that the ratio was created. Last Modified by User The logon code and name of the user who modified the ratio. Date Modified The date that the ratio was modified. Print Ratios Starts the Print Ratios (tffst6400m000) session. Select Ratio Values Starts the Select Ratio Values (tffst6205m000) session. Ratio Values Starts the Ratio Values (tffst6505m000) session. Ratio History Starts the Ratio History (tffst6510m000) session. Copy Ratios Starts the Copy Ratios (tffst6200m000) session. |