Legal Consolidation process is traditionally handled by different persons for different reporting parameters covered under reporting. It includes multiple currency conversion to reporting currency, inter-company elimination, consolidation adjustments and derivation of goodwill/capital reserves. The whole process is carried out by different users and will be merged at the top level for reporting which ultimately results in more time on data clarifications and cleansing by top level managers. By streamlining all the processes under one roof with help of SAP BPC we have automated all the reports with live data integration and automation of all the processes carried out by different user, resulting in more time on analysis than data cleansing.
- Stand Alone Financial Statements
- Consolidated Financial Statements
- Inter Company Elimination Reports
- Currency Conversion Reports
- Goodwill/Capital Reserve Reports