Standalone Financial Statements – Unique Features

  • Master based approach either code based or particular based
  • Compliance with IGAAP or Ind AS Schedule III
  • Auto Preparation from trial balance based on masters
    • Balance sheet
    • Profit and Loss
    • Cash Flow
    • SOCE (In case of Ind AS)
    • Notes
    • Grouping
  • Regrouping of earlier financial statements
  • Foreign currency trial balance conversion
  • Export to Excel with formulas and linkages
  • Version Control
  • Management by exception
    • Various reports and logs
    • Extensive audit trial from consolidation financial statement to trial balance
  • Sample Accounting Polices (IGAAP or Ind AS)
  • Sample IGAAP or Ind AS (Disclosure)
  • Maintain data base in a systematic manner (Easy to retrieve earlier year financial statements)

Consolidated Financial Statements - Unique Features

  • Compliance with Sch III
  • Line by line consolidation of subsidiary financial statements or divisions.
  • Inter Company Knocking off module
  • Goodwill Calculation
  • Minority Interest calculation
  • Consolidation of associates and Joint venture
  • Consolidation of Additional Notes
  • Export to Excel with formulas and linkages
  • Grouping at consolidated Level
  • Foreign currency translation reserve for foreign subsidiaries
  • Various MIS, Inbuilt validations and exception reports
  • Sample accounting Policy
  • Sample accounting disclosure
  • Other inbuilt features
    • Role based access
    • Comparative reports
    • Inter company differential report
    • Corporate Lock
    • Any additional consolidation entries
    • Dashboard view