This guide provides an overview introduction to group reporting. Its goal is to help readers understand how to structure group reporting most easily in Boardeaser and what distinguishes group reporting from reporting in an individual company.
From the group account, you can access all the data loaded in the subsidiaries, including the parent company, with one exception: KPI data (data variables) that need to be converted to group data variables before they can be used in the group.
The parent company accesses its subsidiaries' legal accounting, including budget data.
Data management
In group reporting, data, including accounting data, such as budget data, must be structured to facilitate the organization's need for follow-up and analysis.
If, for example, you want to produce key figures such as turnover per employee based on an individual company's consolidated accounting and budget data, you must load all data at the Imported data level. See below.
Each company in the group has two data levels: imported data and legal accounting.
Legal accounting
Accounting data - When loading accounting, it is saved as legal accounting in the system; at that level, the data is entirely unaffected and 100% the same as the data exported from the accounting system.
Budget data - Budgets read into the individual companies are saved as legal accounting.
KPI data - KPI data/Data variables read into individual companies are saved as legal accounting.
Imported data
Accounting data - It occurs in the Group data tab when importing to the group. The legal accounting is loaded to the level of imported data. In this step, any account bridging and currency conversions are made. There may be differences when the accounting data at the imported data level is compared with the data in the accounting system.
Budget data - Budget data can be read at the group's imported data level. This can be done for the group's business areas, including the individual companies and the group.
KPI data - KPI data can be read at the imported data level. This can be done for the group's business areas, which include the individual companies and the group as a whole.
Structure the reporting
Since the group has access to all the data in the subsidiaries, all reporting could be collected and deposited into a group account.
Therefore, the organization can gather all reporting in the group or manage it in the individual companies.
Tables and graphs created in the group can be shared with the subsidiaries, so work can be done efficiently, whether the reporting is collected or distributed to them. Future updates can be structured and simple.