MyLogic’s accounting and tax management offers the versatility needed to manage global companies and the agility today’s business environment demands. It provides real-time consolidated information from multiple companies and countries, supporting different currencies and languages.
Real-Time Multi-Company Balance Sheets
MyLogic enables real-time balance sheets by integrating all processes across companies.
Automated Multi-Currency Posting
Accounting entries are automatically recorded for every transaction, in multiple currencies simultaneously, simplifying both management and monitoring.
Consolidated Global Information
It provides real-time consolidated information across multiple companies and countries, even with different currencies, making global decision-making easier.
Detailed Allocation by Multiple Cost Centers and Accounting Attributes
Each entry can be assigned to different classifications, and each classification can, in turn, be linked to various cost centers or accounting attributes. This design provides a detailed level of analysis, allowing accounting to serve as the foundation for more informed decision-making.
Budgetary Accounting
It is possible to define budget limits by account, cost center, attribute, company, and period, ensuring compliance with the established goals.
Inflation Adjustments and Revaluations
It allows inflation adjustments to be applied to accounts in accordance with specific regulations, and facilitates daily, monthly, or annual revaluations or restatements.
Tax Compliance
In many countries, businesses must navigate a complex landscape of fiscal regulations that span multiple levels of government and various tax regimes. This complexity results in numerous compliance requirements and a demanding administrative process. MyLogic helps companies manage these challenges by automating tax calculations and generating standardized files for submission to official revenue platforms.
