IFRS transformation
A second chart of accounts and translation rules without programming.
IFRS reporting is built from the same accounting data using a second chart of accounts. Translation rules are set as conditions without programming, the result is checked in a preview, and the transformation package is approved and, in case of an error, cancelled by reversal.
Included in the “Holding” editionCompare editions
What is inside
- A second chart of accounts for IFRS mapped to the primary one
- Translation rules: conditions and target accounts without code
- Preview of the result before applying
- Transformation packages with approval and launch
- Cancelling a package by reversal, not deletion
- A locked transformation table
Frequently asked questions
Do we need to keep separate books for IFRS?
No. The transformation is built from the same accounting data by translation rules, and the books are still kept in one system.
What if a rule was wrong?
The transformation package is cancelled by reversal, the rule is corrected and the package is run again. The history is kept.
More in this section
See it on your own data
We will connect an export from your accounting system, set up the mapping and show how the feature works on real numbers.