Intacct Global Consolidations

The advanced integrated capabilities allow a 360 degree real-time view of data at both and global and local levels – enabling everyone to create reports and perform currency translations without wasting time on individual entity meetings.

• Simply analyze data on different scales – whether by business entity, region or country
• Assess both consolidated and local KPIs through the entire business to gain a true basis of global performance comparison
• Track specific KPIs and metrics – such as revenue per room for hospitability or sales per employee – to better measure your business performance, bot globally and locally
• View global and local rollups of financial data and drill down to each entity and each individual source transaction
• Personalize advanced dashboards with real-time interactive charts, reports and analytics to provide a one stop shop for all the information a particular person wants to see.

Intacct financial consolidation software increases productivity and efficiency, reduces errors, saves time and accelerates time to close deals by automating unnecessary manual processes.

• Manage accounting consolidations in real time, at any time of day, and as often as your organization needs
• Benefit from an accurate view of your finances by leading daily consolidated reporting
• Analyze subsidiary entities in depth to examine transaction details
• Automate payment and transaction processes between entities across different functional currencies
• One-click consolidation can accelerate period-end processes
• Comprehensive consolidation audit trail keeps you up-to-date about your business
• Automate inter-entity eliminations with a robust audit trail, to keep each entity in balance, enable tight control over post-consolidation adjustments, and streamline the reconciliation process.

Enjoy comprehensive multi-currency support for your complex multi-entity organization with a combination of Intacct Multi-Currency and Intacct Global Consolidation.

• Real-time visibility into currency gains and losses
• Utilize multiple transactional currencies to buy and sell internationally
• Allow different entities to operate in their native currencies while consolidation occurs in the parent company’s currency
• Automatically update and store functional currency values for every multi-currency transactions like base amount, transaction amount and exchange rate and maintain them accurately
• Ensure accuracy of data by analyzing real-time currency translations and gain/loss calculations
• Comply with FAS-52 with support for Cumulative Translation Adjustments (CTA) and track both gains and losses from currency translations over time.
• Automatically re-compute currency translations when paying a bill, compare these translations to the original transactions, and record differences in the general ledger.

Intacct global financial consolidation software provides flexible and robust functionality for organizations with complex multi-entity structures or global operations. Support the structure that best represents your business – including minority and partial ownership and streamlining complex financial processes.

• Each entity is able to support its own chart of accounts, taxation rules, and reporting rules and then all financials can be consolidated in real-time
• Increase accuracy of your financial data by automatically tracking due to and due from transactions, thus keep each entity efficient and in good balance
• Utilize graphical organizational maps to visualize the most complicated organizational structure, like the correlation between each entity and the parent organization