Cognos Enterprise Planning Series
Consolidations and Financial Reporting

Corporate accountability begins with the company's financial statements. Cognos Enterprise Planning Series gives you a single, global view of information by consolidating multiple diverse ledgers-with hundreds of operating units and accounts-into one, common, chart-of-accounts structure. Cut consolidation and reporting cycles to spend more time on in-depth analysis and enable more flexible, dynamic planning.

You no longer have to manually key in data from printed reports, eliminating a common source of errors. Perform quick or complex analyses and produce reports to share with stakeholders. A simple drag-and-drop approach helps you lay out and format reports exactly as desired.

How Cognos helps you consolidate and report financials:

• Integrate multiple data sources-Data comes from a multitude of sources in any company. Cognos provides ongoing access and mapping to all of these data sources.

• Allocations—Producing financial information requires accounting for the correct data. Many times, numbers need to be allocated down or redistributed throughout the organization. Cognos Enterprise Planning Series sets up all methods of allocations.

• Inter-company eliminations—Organizations that have multiple legal entities or subsidiaries need to produce correct consolidated statements. This requires eliminating entries or inter-company transactions. Cognos lets you perform one-off or repeatable elimination. Tools available within the system automatically determine the required amounts that need to be eliminated as transactions are identified between entities.

• Currency conversion—Proper currency management requires multiple exchange rates: including beginning and end of month rates, maintenance of historical rates, and conversion of many input currencies into one reporting currency. Cognos Enterprise Planning Series manages all the currency requirements, unlimited input currencies, conversion as required, and calculations for gains or losses on exchange.

• Easy-to-access and easy-to-use financial reporting—Cognos Enterprise Planning Series delivers all necessary key financial statements and ratios in a timely manner. It distributes reports on-line, as well as through batch reporting for printing. For security, administrators can define what reports users can access, and users can have the flexibility to see reports in different views, including custom formats and custom calculations.