Software for consolidating financial statements, search form
KG It is quite simple for us: Creating a transparent market situation is very important in our industry in particular.
KG LucaNet helps to create a profit and loss account, balance sheet and liquidity planning by ready-to-use planning forms at the push of a button. Source systems overview Customer success stories Our working structures have been simplified in many respects since the introduction of LucaNet.
A good value for money as regards our requirements, a very high user-friendliness and the possibility to perform customization overall by ourselves, have also convinced us to select LucaNet.
Combined Financial Statements
With our accounting software for multiple entities, you can have new entities inherit your existing lists, process definitions, and charts of accounts. You choose your reporting currency and language. The consolidated profit and loss statement, consolidated balance sheet, consolidated statement of cash flows and disclosures can all be created quickly when the consolidated financial statements are prepared.
For this reason, we recommend LucaNet to our customers.
If you want to centralize payables and receivablesyou can. You tailor local account titles to fit local regulations. The staff at LucaNet are also genuine specialists in their fields, meaning we have benefited from their expert advice. In contrast, combined financial statements adds the stockholder's equity to that of the parent.
Rely on automated, accurate conversions using up-to-date daily rates Automated revaluations and adjustments: The integrated workflow support guides all people involved through the consolidation process step-by-step.
With its many different functions, LucaNet is the ideal solution for us.
Sage Intacct uses up-to-date exchange rates to create your currency conversions and revaluations. The software is optimally suited for consolidation, planning and reporting purposes. Complex relations are clearly reproduced and consolidation procedures are shown transparently.
Importer software module's user-configurable MS Excel interfaces and a large number of ready-made interfaces to all commonly used ERP and financial accounting systems. We draw up our consolidated financial statements and planning and depict the entire reporting with the software. What's more, the LucaNet.
LucaNet is ideally suited for the presentation of communal groups and is distinguished for the user-friendliness of its application and the clarity of the evaluations it produces. The complete financial statement of one subsidiary is shown separately from another as a stand-alone company.
As the books are closed at a lower level, you have immediate access to data for consolidation, avoiding duplicate entries, delays and potential errors. At the same time, the wizards provide numerous automation solutions for consolidation purposes.
With LucaNet software, we have significantly simplified our consolidation process.
Support current and future business needs—a unified financial consolidation software architecture handles domestic and global locations, single and multiple base currencies, and simple and complex ownership structures Access control: With Sage Intacct's financial consolidation tools, you can quickly compare performance across entities.
The benefit of combined financial statements is that it allows an investor to analyze the results and gauge the performance of the individual subsidiary companies separately.
Multi-Entity Consolidation Accounting Software | Sage Intacct
Depending on the size of a company and the complexity of its business, the financial statements may be a bit confusing, particularly if the company has several subsidiaries with overseas operations.
Imke Ramb, Head of Group Accounting International Rocket Internet SE As Rocket Internet has a highly complex, constantly changing group structure, we need software that can give us very flexible support for our consolidated accounting in these Software for consolidating financial statements.
Complex relationships between companies can be represented at the push of a button in a cost- and time-saving manner. Consolidate to Report Consolidate to Report Get a holistic view Friend is dating my ex wife your enterprise through financial consolidation and the unified reporting processes of the Plex Manufacturing Cloud.
Sage Intacct automates everything related to managing multiple currencies to save you time and increase accuracy.
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