Easy Financial Reports in Management Reporter and Dynamics GP can be made by using Account Categories.
Dynamics GP includes a number of standard Account Categories. These can be renamed to fit your use or you can add additional Account Categories.
These are some of the standard categories:
Every account in your chart of accounts will have an Account Category associated with it. These can be handy for reporting.
And if you want you can use Account Categories to create quick financial statements in Management Report.
Here is an example of creating financial statements using Account Categories and taking advantage of the rich drill-down functionality with in Management Reporter: