Financial Statement Consolidation

LucaNet Financial Consolidation

Our certified consolidation software will take you through the entire consolidation process with absolute dependability. The intuitive operation and transparent numerical model will make your preparation of consolidated financial statement easier during every single step of the process.

Our software for legal and management consolidation combines the whole of our comprehensive experience in both business and technical areas. We can thus guarantee an intelligent and mature product which helps you to make your consolidated accounts watertight.

Legal Consolidation

• Creation of consolidated financial statements including group P&L, balance sheet and cash flow statement and disclosures
• Creation of consolidated financial statements on a monthly, quarterly and annual level
• Parallel creation of consolidated financial statements according to any accounting standards (e.g. US-GAAP, IFRS, HGB)
• Segment reporting / segment consolidation
• Representation of any number of companies
• Multi-level consolidation hierarchies (subgroups)
• Foreign currencies and group currencies
• Generation of transition and consolidation postings
• Capital consolidation (full, proportional, at-equity)
• Disclosure of minority and third-party shares of profit
• Expense and revenue consolidation, consolidation of debts
• Elimination of intercompany profit and loss in current and fixed assets
• Consideration of deferred taxes
• Reporting and analysis
• Variance analyses and spark lines directly in value cells
• Comprehensive opportunities for comparison and charts
• Predefined reports and evaluations
• Management cockpit Individually definable key figures
• Complete Excel integration

General Information

• Finished financial data warehouse including business and accounting calculation logic, both for legal and management consolidation
• Complete integration of consolidation, planning and controlling in one data model
• Pre-defined, individually adjustable structures for P&L, balance sheet and cash flow statement
• Representation of parallel P&L and balance sheet structures
• Representation of all analyses
• Cash flow statement on company and group level
• Currency conversion
• Representation of deviating fiscal and short fiscal years
• Task management
• Multilingual
• Drill down to posting and document level