kVASy-Consolidated Group Accounting

The kVASy – Consolidated Group Accounting module enables the representation and accounting of any group structure. An essential feature is the support in balancing accounts with relation to the group financial statement. Program functions such as mechanisms for transfer from previous systems, files for recurring or analogous entries as well as the management of any type of secondary calculations are of great benefit to the user.

Representation of any group structure

Multi-level group structures can be portrayed and group financial statements made at all levels. The distribution of ownership is recorded in a chronological history.

Preparation of the commercial balance sheets

The automatic import of data from previous programs is supported. The consistency of the data is checked both before and after importing. By making adjusting entries in the individual statements, the preparation of the commercial balance sheets is supported.

Support in consolidation accounting

Complete documentation of all entries occurs on the basis of consolidation records. It is possible to trace these records over many years and reports can be made. Entry stipulations are incorporated into the master data and form the basis for automatic consolidation.

Preparation of group reports

Versatile reports can be run for every group level. These include:
• statements of equity capital and provisions
• balance sheets and profit and loss statements
• flexible definition of financial reports with the aid of the report generator

Consolidated assets accounting

The program enables the administration of any number of intra-group asset movements and reporting thereof, including the corresponding adjustment to the asset history. The preparation of the group asset statement is carried out including the portrayal of changes in the basis of consolidation in a separate section.