The Advanced Consolidations module for Sage MAS 500 ERP keeps you in firm control of your business by giving you the power to quickly gather and consolidate financial data from every entity in your organization. No matter how widespread your business, how many currencies and charts of accounts are involved, or how fast your business is growing and changing, Advanced Consolidations can provide you with a comprehensive, highly accurate, up-to-date, and meaningful view of every aspect of your organization.

Powerful enough to present a group of companies as a single legal entity and to generate periodic, quarterly, and annual reports in no time, Advanced Consolidations works seamlessly with all Sage MAS 500 charts of accounts and ledgers, as well as with different accounting systems. This module provides multiple views of your data—including legal, management, current year, and prior year information—in the familiar Excel format, so there is no special training involved. You can save time while gaining the flexibility to more effectively deploy internal resources devoted to gathering financial information.

Advanced Consolidations also creates an accurate audit trail of input values, foreign exchange gain/loss postings, elimination postings, and manual journal entries. Business transactions and foreign operations recorded in different currencies can be restated in your home currency, U.S. dollars, or any other reporting currency within GAAP.

Sage MAS 500 Advanced Consolidations Highlights

• Easily generate periodic reports and dramatically reduce time spent gathering financial information
• Map your subsidiary accounts to the consolidation chart of accounts, presenting your group of companies as a single legal entity
• Post financial data from all of your business entities, giving you total control no matter how widespread your operations may be
• Gather financial information on your schedule—be it daily, monthly or quarterly