Daily Reports

Daily Reports

Daily Reports are primarily used by the CEO, the CFO, the finance department and executive management. The figures in the daily reports are unaudited; they do not go through the normal month end process. They are extracted from the source systems and presented without being subject to manual adjustments and cost allocations for example. We use the term “unpublished” to describe this data.

Daily Dashboard

The daily dashboard is primarily used by the CEO, CFO and the finance department. It includes key financial highlights and ratios that need to be tracked daily and mid-month. This may contain a different set of ratios to the ratios that you would see in your management accounts at month end.

The ratios being tracked here are assets, loans, deposits and any legal lending limits that may be imposed such as a cap on lending to an individual group as a percentage of the loan portfolio.

The CFO may wish to monitor the daily interest income and interest expense accrual throughout the month in relation to the size of the loan portfolio. Any abnormal daily movement in that accrual may indicate further investigation is required as the root cause, such as a booking error.

The Balance Sheet indicators include:

• Assets
• Loans
• Loan Loss Reserve
• Total Deposits
• Borrowings
• Equity

With Comparisons for:

• Yesterday v Last Month End
• Yesterday v Last Year End

The Income Statement indicators include:

• Provision for Loan Losses
• Interest Income
• Interest Expense

With comparisons for:

• Yesterday v Last Month End
• Yesterday YTD Position v YTD Position for This Month Last Year

The Key Ratios include:

• Loans to Deposits
• Equity to Assets
• Loan Loss Reserve to Loans
• Loans to Assets

With comparisons for:

• Yesterday v Last Month End
• Yesterday v Last Year End

Daily Balance Sheet

A full balance sheet which can be used to monitor daily movements in all assets and liabilities. All BankBI reports are available at any time inside or outside the bank on any device like a tablet or phone or desktop. All reports are automatically generated without the need for any operator intervention.

A full balance sheet with comparisons for:

• Daily Change
• Monthly Change
• Budget Variance
• Change from Last Year End

Daily Income Statement

A full income statement that can be used to monitor daily movements in income and expenses. This report provides an easy way to monitor interest accruals and expenses as they are booked into the general ledger during the course of the month.

A full income statement with comparisons for:

• Daily Change
• Monthly Change
• Budget Variance
• Yesterday YTD Position v YTD Position for This Month Last Year

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