About DATEV Consolidation
DATEV Consolidation is a consolidation software from SINFOPAC designed for simplifying the compilation of consolidated financial statements and the documentation of results. It provides features such as DATEV International, DATEV offer, and Data Protection so organizations can efficiently manage their financial reporting processes. This solution supports various countries, making it suitable for multinational companies. DATEV Consolidation helps ensure compliance with different accounting standards and regulations while simplifying the documentation process. Key capabilities: financial statement compilation result documentation international support data protection user-friendly interface Best for: finance teams that need to prepare consolidated financial statements with accuracy and compliance across multiple jurisdictions.
DATEV Consolidation by SINFOPAC is a comprehensive financial reporting and group consolidation software designed for organizations seeking precise, streamlined consolidation of multi-entity financial data. Its primary purpose is to simplify the consolidation process, automate compliance with accounting standards, and provide clear insights into organizational financial performance. Key features include automated data import from subsidiaries, intercompany reconciliation, multi-currency support, variance analysis, and customizable reporting templates, all of which help finance teams efficiently produce accurate consolidated financial statements. The user interface of DATEV Consolidation is structured and professional, tailored to support complex consolidation tasks while remaining accessible. Dashboards provide a clear overview of financial data, with intuitive navigation menus that allow users to access detailed reports, reconciliation tools, and consolidation modules seamlessly. Unique design elements, such as contextual guidance during consolidation steps and real-time status indicators, enhance usability and ensure that even intricate group accounting processes are straightforward to execute. Functionally, DATEV Consolidation stands out for its automation and accuracy. It enables multi-entity financial consolidation, handles intercompany eliminations automatically, and supports regulatory reporting in line with international accounting standards.
Pros & Cons
- +It simplifies the compilation of consolidated financial statements and documentation of results.
- +The software aids in currency conversion for international group members.
- +Internal business transactions can be eliminated easily with program assistance.
- +It integrates with DATEV Audit and provides special document templates for group reports.
- +It explicitly supports countries like Austria, Germany, Spain, and Latin America.
- −Further international information is not provided and requires contacting the company.
- −The final corporate group report depends on integration with the DATEV Audit program.
- −Only a short list of supported countries is initially visible, limiting known global use.
- −The text does not include information about pricing, subscription costs, or trials.
- −The text suggests a specialized function, perhaps not a comprehensive ERP solution.
Features
Key features
- Consolidated Financial Statement Compilation
- The software simplifies the process of creating a corporate group's consolidated financial statements.
- Individual Financial Statement Combination
- It supports the automatic combining of separate financial statements from each company within the group.
- Currency Conversion Support
- The solution assists in converting currencies when combining financial statements from international entities.
- Corporate Group Structuring Import
- It allows for importing individual financial statements directly into the corporate group's pre-defined structuring scheme.
- Internal Business Transaction Elimination
- The program facilitates the necessary elimination of intercompany transactions and balances within the group.
Additional features
- Simplifies Consolidation
- The core function simplifies compiling consolidated financial statements and documenting results.
- Combines Individual Statements
- It supports combining the individual financial statements of each member company.
- Currency Conversion
- The software provides support for converting different currencies.
- Imports to Group Structure
- It enables importing individual statements into the corporate group's structuring scheme.
- Eliminates Internal Transactions
- The program helps to eliminate internal business transactions between group members.
- Special Document Templates
- It offers special templates for compiling the corporate group report.
- Integration with DATEV Audit
- The corporate group report can be carried out with DATEV Audit Consolidation directly in the DATEV Audit program.
- International Support (Austria)
- The software supports operations and requirements specific to Austria.
- International Support (Germany)
- The software supports operations and requirements specific to Germany.
- International Support (Spain and Latin America)
- The software supports operations and requirements specific to Spain and Latin America.
Pricing
Countries & Languages
Interface languages
Billing currencies
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About DATEV Consolidation
DATEV Consolidation is a consolidation software from SINFOPAC designed for simplifying the compilation of consolidated financial statements and the documentation of results. It provides features such as DATEV International, DATEV offer, and Data Protection so organizations can efficiently manage their financial reporting processes. This solution supports various countries, making it suitable for multinational companies. DATEV Consolidation helps ensure compliance with different accounting standards and regulations while simplifying the documentation process. Key capabilities: financial statement compilation result documentation international support data protection user-friendly interface Best for: finance teams that need to prepare consolidated financial statements with accuracy and compliance across multiple jurisdictions.
DATEV Consolidation Details
DATEV Consolidation's In-App Market Place
Does DATEV Consolidation have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
AUD ($), CAD ($), EUR (€), GBP (£), JPY (¥), USD ($)
Pros & Cons
- It simplifies the compilation of consolidated financial statements and documentation of results.
- The software aids in currency conversion for international group members.
- Internal business transactions can be eliminated easily with program assistance.
- It integrates with DATEV Audit and provides special document templates for group reports.
- It explicitly supports countries like Austria, Germany, Spain, and Latin America.
- Further international information is not provided and requires contacting the company.
- The final corporate group report depends on integration with the DATEV Audit program.
- Only a short list of supported countries is initially visible, limiting known global use.
- The text does not include information about pricing, subscription costs, or trials.
- The text suggests a specialized function, perhaps not a comprehensive ERP solution.
DATEV Consolidation's Support Options
Email Address
info@datev.comContact
+49 911 319-0DATEV Consolidation's Alternatives
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