Under the Halsbury's Laws of England, 'amalgamation' is defined as "a blending together of two or more undertakings into one undertaking, the shareholders of each blending company, becoming, substantially, the shareholders of the blended undertakings.There may be amalgamations, either by transfer of two or more undertakings to a new company, or to the transfer of one or more companies to an existing company".
Perform multi-entity consolidations with a simple push of a button, so you can close the books faster and view interim summary figures at any time.
Intacct produces a detailed journal entry report for every consolidation, giving you auditability.
Our accounting services include: Bookkeeping, Payroll, Tax Returns, VAT and Accounts Production.
All the services you will ever need under one roof.
And also, if desired, broken out by “Departments” (e.g.
The Accounts IQ Group Consolidation module makes time consuming and complicated monthly consolidations quick and easy.
Different subsidiary companies can have entirely different General Ledger Coding systems deployed, the only requirement being that the basic GL Codes be linked to a common set of General Ledger Categories and Sub-Categories for Consolidation and Reporting purposes.
Engineered to manage the consolidation of a large number of subsidiaries’ datasets with ease.
Your financial statements are ready when you are, and closing the books has never been this effortless.
Manage your business with confidence, whether you need to automate conversions for transactions or need to report in multiple currencies across the globe.
Consolidation is the practice, in business, of legally combining two or more organizations into a single new one.