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BWA groups

BWA groups consolidate accounts for ongoing business management and make developments visible at an early stage.

BWA groups

BWA groups consolidate accounts for ongoing business management and make developments visible at an early stage.

Why this point is crucial for key users

While the balance sheet and income statement often aim at conclusions and accountability, the BWA is intended to provide quick orientation. Key users use this to create an early warning and management tool.

Fields and settings at a glance

  • Name: Name of the business evaluation group.
  • Level: Hierarchical depth of position.
  • Parent: Parent group for compaction.
  • Sorting: Order in the BWA.

How to prepare for the process safely

  1. Clarify key figures and subtotals that are used regularly.
  2. Create a lean hierarchy.
  3. Organize relevant accounts and check period presentation.
  4. Compare several months to test significance and stability.

Check before sharing

  • The BWA answers the agreed management questions.
  • Groups are consistent across periods.
  • Totals can be transferred to the P&L and accounts.

What your team gets out of it

Financial data becomes a radar that identifies opportunities and deviations at an early stage.

Related topics

  1. For key users – understand and prepare processes › Finance › Preparation of financial reports › P&L groups
  2. For key users – understand and prepare processes › Finance › Check data

Frequently asked questions

Why is BWA Groups important for key users?

While the balance sheet and income statement often aim at financial statements and accountability, the BWA is intended to provide quick orientation. Key users use this to create an early warning and management tool.

What needs to be checked before release?

The BWA answers the agreed management questions. Groups are consistent across periods. Totals can be transferred to the P&L and accounts.