We are an IT Company specializing in the implementation of solutions for the Financial Area. We integrate technological systems and develop software for the Banking Area, Corporate & Trust Services and Investment Fund Administration.
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Functional Currency (Domestic), Currency conversion, Difference and Exchange Result of Conversion (FASB - 52): Along with basic accounting, IBS inputs in each accounting movement, in addition to the amount in the currency of the movement, functional currency equivalent or nacional and the equivalent in currency conversion according to the last found rate or that entered by the operator, this allows the issuance of any of the reports seen previously, expressed both in the currency of each movement and in the national currency and / or conversion. With the desired frequency, the system revaluates the equivalents according to the evolution in the prices of currencies reflecting the results for either Exchange Difference (Valuation and Operation) or for Results for conversion allowing the consolidation of information from all business of a group even if they use different currencies among themselves.
Consolidation of information IBS, being a multi company system, allows the creation of groups of businesses, and allows, as well as viewing the information for the companies seperately, to consolidate the companies of one group and / or create sub groups of companies within a group that consolidate between them, the consolidation can take place both in national currency (if all companies use the same sub group) or currency conversion and it is possible for each sub-group to configure rules of consolidation to be used to generate the journal entries of consolidations automatically that "clear" certain accounts such as Intercompany the integration of capital consolidated if desired when it is issued.
Basic Accounting
Basic Accounting: Basic Accounting: IBS has, as a base, an accounting tool through which journal entries can be entered allowing the use of accounts and sub accounts to give more detail and openness to the central accounts. Journal entries can be entered directly on the system and/or imported from other systems through a standard interface. On the other hand it allows the issue of accounting reports for each company separately and consolidated by the companies selected using different account plans configured by users that aim to view information from different points of view and allowing management to generate reports quickly and easily and being able to issue using the groups wanted according to the type of query you want to make.
Basic Accounting Module Screens
Maintenance screen journal entries
Journal entries Details screen
Maintenance Sub Display Business Groups
Screen generation journal entries Consolidation n
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