Full Statutory Functionality
Executive Suite includes the full financial functionality to automate the consolidation of partially owned companies including:
- Recording the acquisition and selling of shares in subsidiaries and determination of group ownership and control interests
- Automation of the most common GAAP consolidations methods (full, equity, proportional consolidations) including circular holding
- Automation for the calculation and amortization of group goodwill and the determination of minority interests
- Audit data is created and tracked automatically.