AF – Accounting and Finance

Financial Accounting – Companywide and Integrated

Manage, document and control each financial movement and keep an overview with CSB businessware©. The integrated financial accounting system supports all accounting processes while ensuring a consistent and complete data basis for the overall business results. It covers all important national and international regulations and standards for financial accounting. Several accounting valuation levels are available for financial statements – in line with the German Commercial Code (HGB), the International Financial Reporting Standard (IFRS) or the United States Generally Accepted Accounting Principles (US-GAAP). The intuitive user interface of the financial accounting system allows for easy and direct access to all financial key figures. Manual postings are reduced to a minimum as Purchase and Sales invoices are automatically transferred to and recorded in financial accounting. In addition, CSB businessware© allows all relevant data from the entire material flow available to financial accounting.

Asset Accounting – The Right Decision for Your Assets

In many companies, fixed assets constitute a large operating value. The fully-integrated Asset Accounting module of CSB businessware© for transparent and easy management of your assets assists the user with this. The depreciation and valuation models of asset accounting by CSB-System take all national and international requirements into account. Several tax and imputed valuation options are available for capturing your assets – in line with the German Commercial Code (HGB), the International Financial Reporting Standard (IFRS) or the United States Generally Accepted Accounting Principles (US-GAAP).

Cost Accounting – Your Corporate Success can be Planned

In order to be able to make well-informed business decisions, having company-wide information and a control system is required. Fully integrated Cost Accounting in the CSB-System provides all information required for preparing business decisions and also continuously controls the efficiency of each company. Targeted comparisons of the actual and target costs help analyze discrepancies systematically. In addition, it is possible to automatically align value creation with the actual production costs based on cost centres. Direct, indirect, fixed and variable costs are directly assigned to the respective cost causer. All Financial Accounting modules provide online access to the information. Aside from Cost Accounting, CSB businessware© also offers project Cost Accounting and Actual Cost Unit Accounting.

Your Benefits at a Glance:

  • Forecast of future business developments using planning data
  • Online access to all information and analysis tools
  • Data security via staggered access rights
  • Several valuation levels (HGB, IFRS, US-GAAP)
  • Compliance with Basel II requirements and GDPdU regulations
  • EDI data exchange with authorities
  • Company-wide cost control system