Accounting

Your Advantages

  • Presentation of the valuationresults according to the German Commercial Code and IAS / IFRS in one databank
  • Free allocation of the valuation methods and balance positions
  • Extensive inquiry possibilities and coordination
  • Basis for the creation of the bank-individual 'notes' (balance sheet attachments)
  • Standard guidelines for diverse IFRS reports

Balancing According to IAS/IFRS and the German Commercial Code

KORDOBA bank controlling offers different accounting functions: Valuation according to IAS / IFRS and residual maturities. The results are saved to the balance sheet databank, but also information that is necessary for the creation of the balance sheet or the notes of the balance sheet is stored there.

 

Valuation According to IAS / IFRS

The valuation according to IAS/IFRS offers a highly flexible standard functionality which the user can adjust by means of a product tool which can be reconfigurated to fit the user's needs. All initial and result values are processed using the balance databank and are available on an account or transaction level, thus offering the possibility of comprehensive inquiries.

Balancing According to Residual Maturities

The balance sheet attachment offers an allocation to the statutory maturity ranges for certain transactions / accounts. For all accounts / transactions which are defined by the user cash flows are calculated and entered into the statutory maturity ranges. The holiday calendar can be adapted according to the respective region. Plausibility results are used for the German Commercial Code and IAS / IFRS.

Platform

FIS KORDOBA products are platform-independent and flexible.
They optimize your IT landscape safely and reliably.