Corporate Cashflow Report IAS 7, DRS 2, SFAS 95 - BUEHRLE Consulting
 
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THE QUICK KLICK TO THE CORPORATE CASH FLOW REPORT

It used to be relatively time intensive and difficult to create a correct consolidated cash flow report for the group. Highly qualified employees were employed to gather and analyse the necessary data. A costly activity, which demanded a lot of time, was prone to error and used valuable resources. Costly time, which one now saves and in which one can concentrate on the main tasks with the BUEHRLE CCS Corporate Cashflow Statement.

Detailed information

Our customers have pushed for the development of an automatic corporate cash flow report to minimize the high, periodic work (search for differences, assignment of currency differences, changes in consolidation groups, consolidation of the relevant data from various data sources, etc.) and to expedite the consolidated financial statement. Existing corporate cash flow statements were analysed for this and improved and optimized step by step with regard to the type of accounting in order to attain increased accuracy and promptness. The goal was the creation of a quick and exact method of work for the automatic preparation of these complex statements. The BUEHRLE CCS Corporate Cashflow Statement is based on EC-CS and also soon on SEM-BCS and represents a reliable and quick tool for corporate accounting. Our consolidated cash flow report is incorporated as a customer-specific report into standard reporting methods of SAP® and creates no problems in release changes.

Integration in your system proceeds smoothly and without problems, the tool is implemented by us as experienced consultants in your system. No customer-specific expansions are necessary. Our product makes you and your company more informative, faster and more successful!

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You press ENTER - the BUEHRLE CCS Corporate Cashflow Statement does the rest!

  • Menüpunkt 1: Currency conversion

    Currency conversion differences are automatically considered in the report (e.g., in the area of the change of the net asset items).

    Detailed information

    The conversion of the cash flow takes place at rates approximating "transaction rates"and not at the average market price (year to date) - depending on the consolidation frequenzy. The liquid funds can be counted forward according to the currency rate trend so that the appropriate currency exchange rate related effects are contained exclusively in the "exchange rate related changes of the liquid funds" line. The monetary effects, which are included in the changes of the balance sheet items, are automatically deducted and remain with the determination of the cash flow outside of consideration, as prescribed by law.

  • Menüpunkt 2: Changes in consolidation groups

    Changes in consolidation groups are also considered automatically (on all lines of the cash flow statement).

    Detailed information

    The entries from the consolidated company changes (e.g., new consolidation units) must be deducted from the changes of the so called net assets, since the cash outflow for the acquisition of these subsidiaries is displayed in a separate line in the area of investments and represents the funds flow. The same is true with divested consolidation units. The profit from companies included in the consolidation for the first time is posted on the account "profit before first consolidation"and is, along with the other profit and loss items of the new company, not shown in the cash flow statement up to the point in time of the first consolidation. The changes to the liquid funds from newly acquired and/or disposed companies are considered in separate items in the cash flow statement.

  • Menüpunkt 3: Reports available for all group levels at the push of a button

    The informative corporate cash flow statement is available immediately at the push of a button on all group levels and/or segments after the termination of the corporate closing operations.

    Detailed information

    The BUEHRLE corporate cash flow statement is a work report for the acceleration and facilitation of the periodic closing operations (download and processing on Excel is possible). Even with incomplete data quality, an improvement of the informative value is necessary and significant acceleration is targeted. The costly composition of the required data from the most different sources for the creation of a consolidated cash flow statement is completely gone. The proneness to error associated with it, the creation of additional Excel sheets and auxiliary calculations is also completely gone.

    In the future, you can simply request the desired corporate cash flow statement after termination of the closing operations with the BUEHRLE CCS Corporate Cashflow Statement and you have corporate cash flow on the most diverse analysis levels at your disposal immediately.

    • The request of the BUEHRLE cash flow report on the basis of consolidated numbers is possible in group currency on all consolidation companies to be included, subgroups and/or segments.
    • On the HB II level, different consolidated companies to be included, subgroups, segment and individual consolidation units can also be requested in group currency. A drill down from the top basis of consolidation (total) to individual consolidation units is no problem here.
    • On HB II level, individual consolidation units can also be requested in a separate report in their local currency.
  • Menüpunkt 4: Control account

    There is a control account for quick difference analysis. This leads you directly to the corresponding balance sheet area and the consolidation unit, in which the discrepancy has occurred.

    Detailed information

    The BUEHRLE CCS Corporate Cashflow Statement associated with the control account leads you with differences directly to the corresponding balance sheet entry group and/or directly to the corresponding consolidation unit, in which a discrepancy exists. This control guarantees data consistency and makes it very easy to remove reconciliation problems and to accelerate the closing operations.

  • Menüpunkt 5: Elimination postings / consolidation of investments / miscellaneous

    All elimination entries and cash relevant consolidation of investment procedures, such as capital increases, acquisition of consolidation units etc., are considered dependent on the respective consolidation group.

    Detailed information

    The tool is applicable to all consolidated grouplevels (different cash flow relevance for top corporate and subgroup levels of, for example, receivables/payables of affiliated companies). This is especially useful to customers who have subdivided segments according to consolidated companies to be included and who consolidate and report (internally and externally) frequently throughout the year.
     

    Consolidation of receivables / payables


    Representation in the corporate cash flow statement:

    • Display of the original rates, so that the corresponding cash outflow and/or cash inflow can be accounted for on lower group levels.
    • Correction of the currency exchange differences in gross cash flow and/or the net assets area

    Bonds/credits/corporate financing

    • In the "granting" consolidation unit, the granting of bonds/credits represents an outflow of cash in the area of investment activity.
    • In the "receiving" consolidation unit, the receipt of bonds/credits represents an inflow of cash in the area of the financing activity.
    • No cash flow is to be shown on the top basis of consolidation.

    Miscellaneous


    For example, the following items are to be corrected:

    • Minority interests
    • Depreciations/dissolutions
    • Value adjustment change
    • Income from investments at-equity, etc.
    • Profits and losses from asset disposals

    (In the area of cash flow from current activity, the profit must be corrected by the expenses/profits from disposal of fixed assets, since these values have increased and/or decreased the profit in the profits and loss statement. Cash inflow from the sale of fixed assets do not belong in the cash flow area from current business activity, but must be shown in the area of investment activity. Therefore, the inflow of cash from the sales of assets is to be shown in the investment area.)

An overview of the BUEHRLE CCS Corporate Cashflow Statement

Cash flow reporting - without BUEHRLE CCS Corporate Cashflow Statement:

  • At the most only once per year or at the closing time points
  • Slow and costly
  • Gathering data from different sources and auxiliary statements
  • Time-consuming accounting and elimination of currency conversion differences and changes in the consolidation groups
  • Due to the workload the consolidated cash flow statement is only created for the total group, not for subgroups and/or segments
  • Often used only for documentation purposes and not for planning or control purposes

Cash flow reporting - with BUEHRLE CCS Corporate Cashflow Statement:

  • Continually available "at the push of a button" for groups, every subgroup and/or segments
  • Fast, simple and precise - high quality
  • Direct access to the database (no reconciliation differences)
  • Currency translation approximates "transaction rates"
  • Control account for searching for differences
  • The corporate cash flow statement is possible for: all group and subgroup levels and for consolidation units (affiliated companies or profit center) on total level HB II in group currency (for single companies also in local currency)
  • Applicable for planning and control purposes - and for the budget control of the attainment of cash flow goals of the subsidiaries
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