IDL Konsis

IDL Konsis is financial close and consolidation software for group enterprises, with tools for consolidating entities and preparing reports under several accounting standards. It handles initial and matrix consolidation, deconsolidation, goodwill amortization, at-equity consideration, intercompany reconciliation, deferred tax calculations and late adjustments. The product supports parallel management and legal consolidations, different consolidation currencies and multidimensional roll-ups. Its stated scale ranges from groups with fewer than 10 legal entities to groups with thousands. Supported reporting standards include IFRS, HGB, UGB, US GAAP and Swiss GAAP FER, alongside Country-by-Country Reporting requirements, including those of Germany’s Federal Central Tax Office. Integrations named include SAP ECC, SAP S/4HANA, Microsoft Dynamics and DATEV. Users can access the software through a browser-based Web Client streaming feature without a local installation, or use an installed Windows client. The maker says IDL Konsis is certified to IDW PS 880 by BDO. Pricing is available by request; the product page does not list a price.

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