Financial Consolidation

An Integrated Solution to Manage Complex Consolidations with Financial Reporting Across Multiple Entities

ACG Financial Consolidation and Close is a model that helps manage complex consolidations in environments with multiple legal entities and possibly dozens of systems, GL platforms, and charts of account. 

The model aggregates data from various source systems for business units and legal entities. It sets up elimination and consolidation entries and handles complex ownership structures. The model manages currency conversion and effectively handles currency translation adjustments as well as facilitates reporting in multiple currencies. Reporting is also available under under different accounting standards (IFRS, GAAP, Tax, Statutory etc) with the respective custom structures and rules.