AVESTA
Modules
Solutions
Demo Videos
Demo 1: Standard financial consolidation
► Provides a very high level of automation for the preparation of financial reports.
► Fully support IFRS with a rich and detailed audit trial.
► Supports different kinds of exchange rate handling.
► Standardizes different Charts of Account automatically.
► Multiple differing year-end dates can be handled by the system.
Demo 2: Chinese trial balance consolidation
► Able to extract data from trial balance reports containing Chinese characters
► Supports equity accounting, full and proportional consolidation methods.
► Allows users to convert PRC tax accounts to financial and management accounts.
► Supports changes in ownership interests.
► Generates multiple scenario consolidation reports and disclosure rules.
► Supports disposal and internal transfer of subsidiaries.
Demo 3: Full ledger budgeting
► Able to generate completed set of budget reports.
► Enables users in different locations to prepare budgets within a controlled environment.
► Supports drill down of budget information from report level to transaction level.
► Supports diverse spreadsheet layouts and customized data entry forms for budgeting.
► Provides deferred income and cost amortization functions.
► Supports different budget periods measured by day, week, month and year.
Demo 4: Multi-version budgeting
► Provides a systematic approach to keep all versions of the budget.
► Supports both zero-base and incremental budgeting.
► Allows you to build 10 years of budget data for comparative purposes.
► Provides dynamic analysis code mapping.
► Supports diverse spreadsheet layouts and customized data entry forms for budgeting.
Demo 5: Cost apportionment
► Enables automation of cost apportionment to cost centers based on user-defined rules.
► User-defined rules can be both fixed rules and/or dynamic rules.
► Supports data collection from different systems.
► Cost apportionment rules can be based on activity levels.
► Supports multiple scenario cost apportionments.
► Provides robust audit trails with segregation of duties.
Demo 6: Step down allocation
► Enables automation of multi-stage cost allocations.
► Allows users to configure allocation rules for each allocation stage.
► Supports step down processing as a cost allocation method.
► Supports rewritable voucher for every trial cost allocation.
► Enables generation of reports in different views.
► Supports cost allocation for historical data as well as forecast data.
Demo 7: Purchase data consolidation
► Supports data consolidation outside of the finance department.
► Able to map data sources to 100 columns.
► Supports multiple currencies and multiple branches.
► Provides different kinds of transactional reports and summary reports.
► Allow standardization of data collected from different branches.
► Able to consolidate purchase data from different stages of a purchasing cycle.
Demo 8: Innovative reporting tool