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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Greatwill is a Finnish software solution designed specifically for the creation of consolidated financial statements in compliance with the Finnish Accounting Act (FAS, Finnish GAAP). It simplifies the consolidation process by organizing it into group events, where each event corresponds to a concise form, allowing for the automatic generation of elimination entries, reconciliations, and the consolidation worksheet based on the information provided in these forms. Each group event has its dedicated form, which includes scenarios such as founding and acquiring a subsidiary, managing intra-group income and expenses, handling receivables and payables, accounting for unrealized margins in both inventory and fixed assets, processing intra-group dividends, and addressing translation differences for foreign subsidiaries. Additionally, the software manages minority interests, facilitates the transfer of depreciation differences and tax-based reserves to equity along with deferred tax considerations, and incorporates equity-method accounting for associates, as well as transactions involving the sale or merger of a subsidiary. Importantly, each form is streamlined to request only the necessary information, while automatically managing aspects like exchange rates, tax implications, and minority shares to enhance efficiency. This comprehensive approach not only saves time but also reduces the likelihood of errors in financial reporting.

Description

Introducing an innovative solution for multi-entity organizations to efficiently seek intragroup agreements, establish transfer pricing policies, and conduct benchmarking. Ensure compliance while transferring funds between entities, eliminating the confusion and contradictions often presented by accountants and investors. Seamlessly move capital and intellectual property to your regulated entity without receiving conflicting legal advice. Maintain the satisfaction of your compliance team throughout the process. Benefit from comprehensive support in the design and execution of your transfer pricing strategy, allowing you to advance with a tax framework that aligns with your growth ambitions. Enjoy round-the-clock access to international tax specialists, sidestepping the discomfort of hourly billing. Receive straightforward guidelines on signing authority, documentation, and timelines, all without the usual hassle. Transition from reactive solutions to proactive international tax oversight as your entities expand. Dramatically reduce lengthy information requests and streamline operations by simply uploading a handful of documents. Request essential transfer pricing documents and intragroup agreements, efficiently track progress across various teams, and quickly learn how to optimally structure your entities with just a few clicks, leading to a more organized and compliant approach overall.

API Access

Has API

API Access

Has API

Screenshots View All

No images available

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Integrations

Slack

Integrations

Slack

Pricing Details

$3,500/year
Free Trial
Free Version

Pricing Details

$5,000 per month
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Greatwill Oy

Founded

2024

Country

Finland

Website

greatwill.fi

Vendor Details

Company Name

Caribou

Country

United Kingdom

Website

www.usecaribou.com

Product Features

Product Features

Corporate Tax

Compliance Management
Data Import / Export
Data Verification
Electronic Filing
Exception Notification
For Nonprofits
For Partnerships
K-1 Reporting
Payroll & Employer Forms
Status Tracking
Tax Planning

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