Finance

Advantages of Greenax

Greenax Finance is an integrative financial application which includes financial accounting, asset accounting and controlling. Greenax Finance covers an extremely diverse range of application areas:

• For instance, Financial Accounting makes it possible to generate any number of annual financial statement and income statements in accordance with various standards (HGB, IFRS, US-GAAP etc.), to map hierarchical company structures on the basis of any periods and apply tax rates in a time and quantity-dependent manner.
• Asset Accounting functionalities include a comprehensive asset information system, independent depreciation areas for each balancing cycle and user-parameterisable depreciation types.
• The Controlling functionalities support all usual cost accounting methods and allow extrapolation, simulations, plan comparisons and user-definable reports.

These days, financial systems have to be able to adapt to regulations which are changing at an ever faster pace. Medium-sized enterprises have an increasingly international orientation which means that disparate accounting regulations must be met with differentiation between the way a company is presented internally and externally.