Greentree really makes multi-company, multi-currency consolidations simple as Adam gives his report on what he has been working on.
Do you have subsidiaries overseas?
Currently deep into multi-company, multi-currency company consolidations with two different clients, each with subsidiaries splashed around the world and with various accounting systems sounds tricky but with Greentree it is not a problem.
Cross accounting systems made easy by Greentree
For those subsidiaries that are not Greentree, Adam is importing financial data using the Greentree Excel General Ledger journal upload. Then each subsidiary must be mapped into its holding company allowing for different General Ledger numbering, financial years, and currencies.
The Greentree inbuilt functionality for creating and verifying charts of accounts across companies, validating consolidation trees, and dealing with date-based exchange rates make the setup easy.
Then, for ongoing operations, the simple load-prepare-consolidate process makes for ease of use and understanding.
Adam Reynolds has many years of experience with accounting systems to bring a wealth of knowledge about processes and practices, and a touch of humour along the way. To contact Adam to discuss a project you would like expert help with, please call 03 9882 9200. To read more about Adam please visit the About Us Section of our website.