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Blytheco Home | Sage Software | Sage MAS 500 | Modules | Financial Modules | Advanced Consolidation Module
Advanced Consolidation Module |
The Advanced Consolidations module for Sage MAS 500 ERP keeps you in firm control of your business
by giving
you the power to quickly gather and consolidate financial
data from every entity in your
organization. No matter
how widespread your
business, how many currencies
and charts of accounts
are involved, or how fast your
business is growing and changing, Advanced
Consolidations can
provide you with a comprehensive,
highly accurate, up-to-date, and meaningful view of every
aspect
of your organization. It is a key component of
Sage MAS 500, a highly reliable, robust and integrated
series of business applications that delivers a flexible,
scalable and full-featured total e-business
management
solution.
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Powerful enough to present a group of companies as a
single
legal entity and to generate periodic,
quarterly, and annual
reports in no time, Advanced Consolidations works seamlesslywith all Sage MAS
500 charts of accounts and ledgers, as well as with different accounting systems.
This module
provides multiple views of your data—including legal, management, current year, and prior year information—in the familiar Excel format, so there is
no special training involved. You can save time
while gaining the flexibility to more effectively deploy internal resources devoted to gathering financial
information.
Advanced Consolidations also creates an accurate audit trail of input values, foreign exchange
gain/loss postings, elimination postings, and manual journal entries. Business transactions and foreign
operations recorded in different currencies can be restated in your home currency, U.S. dollars, or any
other reporting currency within GAAP. |
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Features: |
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Quickly and easily define intercompany accounts. |
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Classify the elimination variance account for posting translation gains/losses. |
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Specify the translation method and exchange schedule for each natural account. |
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Define unrealized gain/loss accounts. |
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Identify the home currency for each subsidiary. |
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Map subsidiary charts of accounts to the consolidation chart of accounts by
segment and segment values. |
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Specify whether to eliminate by natural account or validated segments. |
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Roll up several subsidiary natural accounts into one consolidation natural account. |
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Enter and post directly to the general ledger subsidiary beginning balances and any
necessary adjustments in the Consolidations company. |
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Gather financial information on your schedule—be it daily, monthly or quarterly. |
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Quickly and easily establish a default exchange schedule and translation method
for Balance Sheet and Income Statement accounts. |
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Create elimination groups for automated eliminations of intercompany entries. |
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Set up an unlimited number of rollups (management, legal, and so on). |
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Define the currency to use when generating consolidated reports. |
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Import subsidiary company data from a local or remote Sage MAS 500 database, or
a third-party
general ledger. |
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Designate a reference code for each line of an invoice. |
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Reports: |
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Year-to-Date Current vs. Prior Year Income Statement |
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Current Period Income Statement |
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Current Period-to-Date and Year-to-Date Income Statement |
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Current Year-to-Date Cash Flow Statement |
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Current vs. Prior Year Balance Sheet |
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Current Period-to-Date Cash Flow Statement |
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Current Year-to-Date Budget Variance Income Statement |
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Current Period-to-Date Budget Variance Income Statement |
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| Questions? Please call us at (949) 583-9500 x2500 or email us at
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