Clarity Consolidations
CLARITY 6 handles your financial consolidation requirements by consolidating your results quickly and accurately while keeping in compliance with international accounting and regulatory standards.
The features of CLARITY 6 Consolidations include:
- Multiple data sources. Your divisions may use different ERP or GL systems. CLARITY 6 software can map your disparate source data into a common set of dimensions and members.
- Multiple currencies. CLARITY 6 has the ability to translate financial data from one currency to another, allowing you to consolidate and see the results in the currency of your choice.
- Inter-company balances. CLARITY 6 gives you control over inter-company eliminations – allowing you to automatically eliminate these balances or create the adjusting journal entries manually.
- Adjusting journals. CLARITY 6 provides an interface that makes it easy for you to quickly write up a journal entry, create blueprints or recurring adjustments.
- Consolidation methods. CLARITY 6 supports the generally accepted consolidation methods including proportional consolidation.
- Complex ownership structures. CLARITY 6 can model complicated company structures and alternate hierarchies.