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Group accounting

Electronic financial management means using modern electronic tools for efficient management of your company's financial administration. Procountor's digital financial administration software can be used in each sector of the financial administration, such as invoicing, purchase invoice processing, payroll calculation, accounting and reporting. This makes financial administration and follow-up activities independent of time and place.

Group accounting

A convenient way to prepare the accounting of the entire group in a single system through Procountor. The accountant can use a single user account to prepare the accounting for entire group companies. Access to the accounting information on both group and subsidiary level can be granted to selected entities, such as group management, depending on the selected use right restrictions. Thanks to the cloud service, all information is available regardless of time and place.

A consolidation environment is established for group accounting, and the group company accounting information is transferred there automatically. The consolidation environment can be used to easily eliminate internal entries and prepare consolidation journals, reports and the balancing of accounting materials. The income statement, balance sheet and entries to be eliminated can all be conveniently reviewed through a single reporting view.

The automatization introduced by electronic financial management makes group accounting significantly faster and saves the accountant’s time. For the management, this means transparency and accelerated speed for the entire group’s reporting. If the accounting of the group companies has been prepared in Procountor, all eliminations can be carried out on the basis of automatic settings when transferring the accounting materials to the consolidation environment.

Features of group accounting

  • A single user account to access the financial information of the group’s parent company and its subsidiaries.
  • Thanks to the cloud service, all information and functions are available regardless of time and place.
  • Accounting generated automatically on the basis of versatile default settings.
  • A consolidation environment is established for the group in the software. The accounting information of the parent company and its subsidiaries is transferred to the environment for further processing.
  • Automatic data transfer from all group companies to the consolidation environment.

Price and implementation

Opening the service Group consolidation basic fee Environment-specific
220 € 0 € / month 19 € / month

In questions related to Group accounting and ordering additional services, among other things, you can contact our experts at [email protected].