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The Best Way To Do Group Consolidation Reporting

The Best Way To Do Group Consolidation Reporting

Group consolidation reporting, also referred to a multi-company consolidation, can be a time-consuming task for any CFO (Chief Financial Officer). Often, it involves a plethora of spreadsheets with multiple interconnecting worksheets. The effort you need to keep this environment balanced and reconciled is agony for many. It can fall over just by overriding one formula. And, sometimes, you may not even notice the error until months down the track. The desired outcome is the need to see several business activities wrapped up into a combined financial statement. A view to give a snapshot across all companies and to track the overall performance.

New in Calxa: Multi-Currency Consolidation

New in Calxa: Multi-Currency Consolidation

Many of our customers work with companies in different countries and therefore different currencies. From early June, you will be able to consolidate those companies in Calxa using a full multi-currency consolidation. This is in lieu of the current simple company rate...
Calxa Menu Makeover Is Here

Calxa Menu Makeover Is Here

There’s never a good time to change the menu in any application. But, that’s exactly what we’re about to do in Calxa. The Calxa menu makeover is going live in the second week of May.   Calxa Menu Makeover to Help Find What You Need We have recognised that the...
Budgeting for COVID-19 Government Assistance

Budgeting for COVID-19 Government Assistance

The world is currently in the grip of both a medical and an economic crisis. Governments around the world have responded with financial stimulus measures, including financial support for businesses. How do you budget for COVID-19 Government Assistance and forecast the...
7 Uses for Advanced Account Trees

7 Uses for Advanced Account Trees

We recently released major changes to the Account Tree functionality in Calxa. Advanced Account Trees are in response to your feature requests. Here we give you great flexibility in how you group, summarise and sub-total the rows in your management reports.   How...
EOFY Resources and Tools

EOFY Resources and Tools

So, it’s that time of the year and all the blogs are flooded with tips and tricks on how to best get around this busy time. June 30 is the business end of the financial year (EOFY) for finance officers, bookkeepers and payroll clerks in Australia.   This year you...