What kind of headings/titles/options do you want to
present on General Ledger financial reporting?
Customize headings and defaults for your SSI Oil and
Gas Accounting Software financial reports with…
Financial Titles provide the ability to customize
financial report headings and set uniform standards
when generating financial reports. Financial Titles
act as a template for the way you prefer financial
statements to be presented for a specific purpose or
recipient. You are in charge of your own financial
reporting destiny. Set separate unique codes for the
way financials are presented for a specific purpose
‐ like to a bank or other lending
institution, to management, to shareholders, etc.
Financial Title codes are single digit and can be
alpha or numeric. Alpha codes A-Z, a-z and 1
‐ 9 can be used for a total of 61 different
and unique Financial Titles.
Out of the box, SSI used one of the 61 possible
Financial Titles codes to provide a default
Financial Title Type ‐ S for Standard
‐ for financial reporting. Even if you've
never experienced all that Financial Titles can do
for you, SSI has given you the “S” ‐ standard
Financial Title type, and (unless the report wizard
for financials has already been modified) this is
the default when generating financials.
GL11 ‐ Balance Sheet. Have you noticed a
default “S” in the Titles/Format Wizard field? This
(S) standard is the one SSI initially provided as a
default Financial Title type for generating
financials. And…when you look at the default options
on the screen…what made those options be the
defaults? Yep…the Financial Title code “S”.
But don't think for a second that you are locked in
to that (S) Standard Financial Title code with no
modifications!! You certainly are not! The “S” is
not hard-coded! It can be modified, edited and saved
to fit your needs so that you have your own (S)
And beyond that - other Financial Title types can be
created for use in specific circumstances (like the
bank financials, management financials, etc.
examples discussed above).
This is where the Financial Titles really shine.
Does management want financial reports labeled and
titled in a specific way, with specific
include/exclude options? Add a unique Financial
Title Type “M” for Management. Select the “M”
Financial Title Type when running Financials for the
bosses. Create a Financial Title specifically for
the bank or financial institution, for stockholders,
Here's a quick and easy “how to” create Financial
Title codes used for financial reporting.
It's all done in:
GL01 ‐ Account Maintenance
Select Titles from the top menu bar, and Financial
Titles from the dropdown.
A single-digit code. Review existing from the list
box. You should already have a code type “S”
(discussed above). Right next to the Title Type code
is free form description ‐ it probably says
FYI - this description does not present anywhere on
financial reporting. It's just for you.
Now…wanna add a new Financial Title code? Let's add
a code “M” for Management. (Remember, you've got
upper/lower case A-Z and numbers 1 ‐ 9 that
can be used)
Record Not Found ‐ Add It? Yes (you know the
Next to Title Type at the top of the screen. This is
freeform and can say anything you want. It won't
show up anywhere on the actual financial reports.
Don't recommend calling the management bad names
though (insert hilarious laugh emoji here). Notice
all kinds of free form titles available ‐
some unique to the Balance Sheet (Balance Sheet
Report Title, Balance Sheet Asset Title and so on)
and some unique to the Profit & Loss Statement
(Profit/Loss Report Title, etc.). Setting up a Title
Type, or editing the “S”, opens all of those free
form fields. Type anything into those fields, all
for presentation on the specific financials.
Not required but handy freeform for other
miscellaneous comment. will print on financial
reports using that Title Type.
In addition to naming your own Title and Total
lines, see lower left side of screen for options
applicable to all financial reports.
Really handy to make sure all pages are present and
accounted for, and all in the right order!
Program used to generate a specific financial
report, along with a date/time stamp. Helpful for
making sure the most recent one you want is being
Lop off if you don't care about the pennies.
Detail of All Accounts
Present accounts of the same type individually
versus combined into a single line. Example:
multiple cash accounts can be presented by
individual account or combined into one line - Cash
In Banks. Contingent on standard Chart of Accounts
design ‐ roll up by the first 3 digits of
account number. (PSA - look for a future SSI
Insights on the whole Chart of Accounts thing!)
An if/then option. If yes on Detail of All Accounts
(above), include account numbers with the account
names. Banks probably don't care about your General
Ledger account number. You can leave them off for
Financials sent to the bank.
For accounts with credit balances. Your call.
Oil/Gas Net Volumes
For Oil and Gas companies. In addition to
income/expense, will include volumes (Barrels, MCF,
Liquids gallons) for YOUR company's piece of the oil
and gas pie. Default options are also available
specific to the Profit & Loss/Income Statement
(lower middle) and to the Balance Sheet (lower right
Once created, each Financial Title type will appear
in the dropdown list for Titles/Format Wizard on
Financial reports ‐ i.e., GL10, GL11, GL12,
etc. ‐ are Wizard driven. Any Financial Title
type created can be set as default for financial
reporting. And a different Financial Title type can
be set for different financial reports. Select the
newly created Financial Title type on a specific
financial report and save the wizard. Next time,
your special Financial Title type will be in the
Title/Format Wizard on that financial.
Here's a cool thing!
Financial Title options act as a default so you
don't have to waste time selecting/unselecting
everything every time you run financials. But notice
on your financial report screen, you're not locked
in. Regardless of Financial Title defaults, options
can still be selected/unselected in the financials
dialogue screen on a specific need's basis.
Give it a try! Create a “T” test Financial Title
type with titles and options you want. Run
financials on that fest Financial Title type and see
what you think! It's so EZ!! Reminder…financials are
generated based on the most currently executed GL07
- Posting Trial Balance. Always best to start with a
With SSI Oil and Gas Accounting Software, have it
your way to make your job EZier!!