Greek Accounting Standards
The system provides a single accounting platform based on the new Greek Accounting Standards (IAS). It uses fully automated procedures to process data from the existing environment based on the Greek GAAP and applies all the conversion rules set by the laws, auditing authorities and the Hellenic Capital Market Commission. The system is not limited to General Accounting, but offers a complete analysis of the books, providing the most information about all circuits (Fixed Assets, Warehousing, Costing etc.) with minimal to zero man-hour costs and fully documented and cross-referenced data.
Advantages
Conversion of the Financial Statements by Greek General Chart of Accounts to the Greek Accounting Standards
Creation and agreement of Equity Statements and Cash Flow Statements (indirect and direct method).
Ability to also maintain Greek Accounting Standards books in parallel with Greek General Chart of Accounts without additional accounting entries.