Consolidated Results and Financial Statements

The Consolidated Financial Statements Applications is ideal for groups of companies wishing to monitor the companies in the group on a daily basis.

The user has the ability to connect to all companies on a single screen, while at the same time she/he can select a specific company to view. With the simple click of a button, the “closing” of the companies and the group (short-term, annual results, depreciation of assets, balance sheet, accounting, etc.) are commenced.

This Consolidated Financial Statements Applications have the ability to automatically generate a Consolidated Balance Sheet, Profit / Loss Statement, Changes in Equity Statement as well as a Cash Flow Statement and the net position of the group. The above-mentioned financial statements are created separately for each company that is a member of the group.