Financial Consolidation Model Overview

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Jedox Financial Consolidation significantly reduces the resources and time companies spend creating a consolidated financial statement and reporting for the group from the separate financial statements of their subsidiaries. Through automation of standards and more complex consolidation measures, Jedox Financial Consolidation enables greater speed of group-wide reporting for international reporting standards such as IFRS, US GAAP, German GAAP, and many more. The prebuilt finance application follows industry best practices to ensure fast deployment and offers excellent configurability and flexibility to meet custom management and reporting requirements.

The Financial Consolidation application supports the following key consolidation measures:

  • Investments· Non-Controlling Interests

  • Debt Consolidation

  • Intercompany elimination

  • Elimination of dividends

  • Automated postings for intercompany differences

  • Posting Journal for automated and manual journal entries

Test Drive the Financial Consolidation Model from the Jedox Marketplace.

Updated December 9, 2024