Corporate Group Accounting

Diamond corporate group accounting offers consolidation on any level

In the transport ledger, per cost account and cost unit and in the financial accounting system per account and current account level. The whole range of evaluations and online-queries are possible on the consolidated data level.  Using the drilldown function, down to the bookkeeping entry. The intercompany bookings, that the system generates automatically, can easily be edited by OI-adjustment. Internal turnover data is separated automatically at the interfaces, at the time of data entry. This is less time-consuming and facilitates consolidation and reconciliation.

Clarity by means of central master data

By managing the master data across the respective corporate entities, you have reporting possibilities on the account level.  Centralised master data, with an alternative chart of accounts for all the different countries, enables you to have an overview of the breakdown figures and consolidation. Precise allocation of accounts, cost centres, associations and alternative accounts in each individual company simplifies the account management and the consolidation. Not to mention the time saved by entering master data only once.

Automatic booking of comprehensive accounting transactions

With Diamond open accounts of an associated company can be reconciled during the uploading of bank data, and result in automatic book entries on the intercompany accounts.  With the open accounts other corporate group partners can be directly paid and an account adjustment is automatically done in the relevant company with booking on their intercompany account. Changing a shipment in the transport ledger system to another shipment is easily done.  When the shipment is reassigned, the system will automatically generate the proper intercompany booking, and can also provide the necessary documentation on request.