Multicompany Balance

Multicompany Balance

Multicompany Balance offers great simplification for loading and processing the balances of companies of the same group.

Mago4 –  Multicompany Balance

If you have to manage the balances of several companies of the same group, Mago4 has a tool for you that will simplify the whole process. Multicompany Balance quickly collects and processes for you the balances of each controlled company, leaving you full possibility to review any data, managing different currencies.

CUSTOMIZED CONSOLIDATIONS

With Mago4 you can adapt your chart of accounts to that of the respective controlled companies. In this way you can standardize the accounting grouping criteria of each company in multicompany balance. You can also choose whether to exclude from the balances all accounts that refer to intercompany transactions, or rather all operations carried out between companies of the same group.

FOREIGN CURRENCY CONSOLIDATIONS

What if the controlled companies are foreign multinationals? Mago4 allows you to convert balances in foreign currency at the required fixing rate, thanks to the consolidated templates used to generate the balances. In this way balances can be expressed in different currencies. If necessary, you can still review and correct the balances before sending them to the controller company.

INTEGRATION WITH GENERAL LEDGER

Thanks to the flexibility of Mago4, you can keep the details of the amounts of each company and avoid losing important information in data transfer and in accounting records. Perfect integration with the Financial module allows you to print and analyze the Multicompany Balance using the large number of available reports.

4 STRONG POINTS

  • CUSTOM SETTINGS Choose the grouping criteria to standardize the accounts of each company. Possibility to exclude intercompany transactions from the balances. Review and correct the balances before sending them to the controller company.
  • MULTI-CURRENCY Easily prepare balances related to multinational companies, converting them into different currencies.Elabora facilmente bilanci riferiti a multinazionali, convertendoli in diverse valute.
  • INTEGRATED Save in your Multicompany Balance also the data of the individual companies.
  • DETAILED INFORMATION Keep important financial statement information of individual companies also when making accounting entries.

Mago4 is available in 3 Editions
to meet the real needs of all SMEs.
The Multicompany Balance module is provided for all the Editions.

If I like how can I buy it?

If I like how can I resell it?

You can install a demo version and try it out in your company; you will be provided with all the support for the implementation of your new ERP.

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