Are you conducting business in the name of multiple legal entities? Do you maintain separate books of accounts for each of these entities? Do you struggle to get a reliable and quick State of Affairs of your entire business group?
If the answer to the questions asked above is ‘YES’, then we can offer you something which addresses these issues. We have designed a tool which can connect to your Accounting / ERP package and sync the required information to generate Consolidated Financial Statements as per any Statutory requirements and/ or Internal MIS reports.
Some of the key features are:-
- Analyze the Financial Statements and auto-populate user-defined charts.
- Translate the Financial statements from One GAAP to another with minimal user intervention
- Can be used for a single Company or Multiple Companies at the same time
- Excel-based tool, the user can have basic excel skills to use the tool
- The User gets ledger level details on the grouping, giving the User a very granular level detail on the construction of Financial statements
- The tool is compatible with most of the Accounting / ERP packages
- The tool is highly customizable per the Users’ needs and with a very small turnaround time
- Very limited processing time – gets the overall job done in less than 10 minutes
- Option to create a unified P&L and B/S for reporting, even if all the Companies under Consolidation have different structures of P&L
For more details, please get in touch with Piyush.hundia@hpassociates.in
HPA - Business & Financial Consulting 