The application automatically handles exchange gains and losses, whilst generating consolidation adjustments such as minority interests, joint ventures, intercompany balances and intergroup trading and recharges.
Our solutions also allows you to manage the ownership and control percentages of subsidiaries and associate enterpris-es that are aggregated and the method at which it happens, also allowing sub consolidation to be undertaken as part of the same process.
Financial Consolidation software provides your organisation with a complete audit trail on all consolidation steps, allowing you to review changes and providng the transparency needed to satisfy internal and external auditors and create standard financial reports based on your current data. It also generates exception reports and color-coded, interactive analytics to help you analyse your business.