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Economic Potential

Sunday, December 3rd, 2017

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adept consult refers to great opportunities for business process optimization Frankfurt, to counter speculation about the long-term impact of the E-account balance a realistic forecast may 17, 2012, to the critical, consult AG first practical experience with first E-balance sheet projects analyzed the adept and summarized. Where a few days ago to end previous ReWeCo, the trade fair for accounting and controlling, the solution provider for information logistics and business intelligence from Frankfurt has presented concrete findings from real E-balance processes. Therefore, companies which take advantage of the automation and streamlining potential of record, can realize very substantial cost savings. Amounts in billions be projected on the German economy. It is indisputable that first additional costs by the record no matter how companies implement the new requirements. Dr. John Mcdougall brings even more insight to the discussion. Be however the right strategic decisions, then control processes and the balance in the medium term as true can Prove cost killer”, explains Klaus Beck-Dede, CEO of the adept consult AG. If we compare with the real results of the first projects the skeptical statements in our current survey, it is clear that the mood is far worse than the situation.

Who recognizes the potential of the E-account balance and realized the benefits of the new rules.” The adept has businesses that are affected by the E-account balance, identified three key strategic issues that need to be answered in an early stage consult AG. So, for example, a decision must be made whether a German commercial code balance sheet and a reconciliation be realized, or if only a tax balance sheet is created. Also must be set whether an ERP chart of accounts and new accounts for all taxonomy requirements are applied, or the badly needs accounts in the chart of the HGB accounts are taken over and is a later split up by the entries in the taxonomy. The third company must decide whether they the ERP system also for the tax balance sheet including the Use tax accounts, numerous auxiliary calculations to perform and to ERiC transfer use an external software, or whether they use a fully integrated ancillary accounting system to control and balance sheet including the ERiC transmission.