MYOB EXO Intercompany

MYOB EXO Intercompany is a powerful module that extracts General Ledger data from multiple company databases and consolidates it into a group database for easier financial reporting.

• Maintain Consolidations -> map multiple charts of account - chart mapping wizard - setup contra accounts for eliminations
• Manage Intercompany Transactions -> enter a single creditors invoice and expense to multiple companies - enter a single general journal to multiple entities
• Consolidation options - consolidate multiple (unlimited) companies - hierarchical consolidation - consolidate foreign subsidiaries
• Consolidation Process -> run the consolidation process as frequently as you like -> consolidate at summary or transaction level
• Manage Eliminations -> define contra accounts -> elimination wizard makes these entries easy
• Reporting -> Comprehensive suite of reports -> Profit and Loss by company and/or cost centre -> revalue previously loaded balances of a foreign subsidiary