3
In discussions with our clients, we have identified several automatic adjustments that your system should handle:
- Automatic Cancellation of Shareholdings: Adjust for shareholdings in subsidiaries, accounting for events such as payments, subscriptions, acquisitions from third parties, and acquisitions from consolidated companies.
- Goodwill Allocation and Depreciation: Automatically adjust the allocation of goodwill (the difference between the purchase price of a subsidiary and its net assets) and apply corresponding depreciation adjustments.
- Capital Gain/Loss Adjustments: Automatically calculate and adjust for capital gains or losses arising from intercompany sales of fixed assets.
- Intercompany Dividend Distribution: Adjust for the distribution of dividends between intercompany entities.
- Equity Aggregation for Elimination: Implement automatic procedures to aggregate equity items for elimination purposes.
- Third-Party Equity Determination: Automatically generate entries to determine third-party equity.
- Third-Party Profit and Loss: Automatically generate entries to determine third-party profit and loss.
- Intercompany Adjustments: Perform automatic adjustments for intercompany transactions.
Clients have expressed interest in user-friendly interfaces that allow them to input data, which would then enable the system to compute and implement these automatic adjustments seamlessly.
STATUS DETAILS
New