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.
5 Signs You Might Be Trading Insolvent
Trading insolvent is a dirty phrase in business. The reality is, many of us run our businesses very close to the wind at times. There are many successful businesses who have struggled with cash flow at some point in their existence. Just having tight cash flow does...
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
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
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...
Cash Flow Scenarios to Mitigate a Crisis
Preparing multiple cash flow scenarios will help you think through the implications of different situations and be prepared. This means that you’ll come to a much quicker decision later on, when you’re under pressure to act fast.
Consolidate any Calxa Report
Whether you are consolidating 2 companies or 200 or the accounting data is in MYOB, Xero or QuickBooks, Calxa has always had a strong reputation for powerful, flexible reporting. Now you can consolidate any Calxa report. Our consolidated reporting has always included...
7 Important Business KPIs for Cash Management
KPIs for cash management provide businesses with a quick way of monitoring availability of cash. Unless you have the luxury of a few spare millions sitting idle, managing cash is important for every organisation. Here, we discuss our selection of the important KPIs...