Intacct Plus - Multi-Entity and Multi-Currency Management
Module
For organizations with multiple business units, subsidiaries or franchises, Intacct Multi-Entity Management enables you to consolidate financials across multiple business organizations and multiple countries in real-time. Intacct Multi-Entity and Multi-Currency Management support the financial structure that represents your business organization so you can consolidate business units by geography, currency or by operation. Each entity supports a separate financial closing period, which makes it easy to manage any number of subsidiaries across time zones and across currencies.
Intacct Multi-Entity and Multi-Currency Management support fractional ownership, enabling you to mange complex financial structures easily. Consolidated roll-ups can be created to reflect fractional or shared ownership of a company. You can also roll up subsidiary companies to their parent companies and correlate subsidiary company financial data with the parent. Consolidate across the organization and view your consolidated financial statements securely and in real-time.
Intacct Multi-Entity and Multi-Currency Management uses a proprietary Secure Slide-In™ capability that permits authorized users to securely review and drill down into subsidiary detail and source transactions without signing in separately to each subsidiary. Robust, granular permissions assure that each user will only see what they are allowed to see.
Ongoing consolidations are quick and straightforward. The basic process is simple: account balances of subsidiaries (less any percentage you do not own) are brought into the corresponding accounts of the consolidating company. You can then run your consolidated financials. Time-saving automatic mapping of periods, GL accounts, departments and locations reduce administrative burden and support compliance in a Sarbanes-Oxley regulated environment.
Intacct Plus - Multi-Entity and Multi-Currency Management