Acumatica Consolidation

17 Jul

Acumatica Consolidation

Acumatica Consolidation

 

Key Features

 

  • Individual subsidiaries and business interests close their books for the period and perform currency translations (if necessary).
  • The Parent company imports data using predefined mappings for accounts and
  • Subaccounts.
  • The Parent company adjusts for intra-group transfers and minority equity positions before creating business and financial reports using the consolidated ledger.

 

Key Benefits:

 

  • TEAM APPROACH Provide global access and participation with web-based tools. Server-based pricing allows you to involve everybody without per user fees.
  • FLEXIBLE ACCOUNTS AND SUBACCOUNTS Import data from sources with different account values and field sizes using flexible account mapping.
  • MULTIPLE CURRENCIES Currency translation features allow consolidation of international subsidiaries.
  • SECURITY AND COMPLIANCE Strict access security allows you grant each entity access to specific reports, accounts, ledgers, and documents.
  • REMINDERS AND WORKFLOW Ensure timely reporting by assigning tasks and setting reminders.