If CoPlanner already offers a comprehensive range of applications from integrated financial planning, multidimensional planning to reporting and OLAP analysis, the CoPlanner consolidation module now also enables legal group consolidation - another example of the excellent possibility of modeling even complex issues with the CoPlanner framework.
Applying the CoPlanner LCM is a fast and easy step without any complex and time-consuming programming. After a short introductory training you are able to generate the financial statement via the individual navigation structure. The status of the single consolidation steps (debt, income and capital consolidation) is always transparent. Existing structures of the planning models (group structure, accounts, interfaces etc.) are used for the consolidation. Nevertheless, certain variations (e.g. due to varying account structures) may be possible in the planning process, actual reporting and legal financial statements – without influencing, however comparability and integration.
DAdditionally, manual postings can be registered and processed as accounting records. The financial statement and all consolidation items are recorded for the external auditing. The required reports are available as predefined standard reports. Furthermore, lists of accounts including the illustration of individual consolidation entries on accounts and transaction levels are available. You are also able to generate current consolidations for actual as well as for target data. The evaluations are available as PDF files and Excel reports.
Users who are already working with the planning or reporting tools of CoPlanner will find it easy to work with the CoPlanner LCM. The individual offices of the company use the WebFrontEnds to conduct the coordination between the companies, thus making it unnecessary for the headquarters to pre-sort the data. The CoPlanner LCM module offers a complete and integrated solution for the legal financial statement of small and medium-sized companies.