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eFinancials Corporate Reporting provides a corporate consolidation facility for the General Ledger that is particularly suited to multi-company, and international corporations. It extracts actual or budget amounts from local General Ledgers and generates actual or budget journal entries that can be posted into a head office General Ledger for consolidation purposes.
Users can identify the cost centre/account/activity/job combinations that will be extracted by the Corporate Reporting module for consolidation purposes. The Corporate Reporting module generates journal entries for the extracted values that can be posted to another consolidation General Ledger (which can be at a remote site and maintained in a different currency). Values can be extracted from codes at any level within any of the element structures. This allows you to extract summarized information for consolidation. However, these codes must be defined as postable and bottom level in the consolidating General Ledger. Actual or budget values can be extracted for consolidation.
"Corporate Reporting" is part of the COA Solutions eFinancials - Financial Management line of products, developed by COA Solutions.