ReadyRatios Description
IFRS reporting consists of hundreds of indexes. This data will be entered in a tabular format that is easy to use. This allows for consistency in reporting and allows you to make notes with the software. IFRS reporting does not just include figures but also multiple text notes. We have collected all the information you need for your reporting. Adjustment entries can be made to the finalized report to adjust it. Just like with accounting programs (debit/credit), entries are made intuitively. The software automatically records all international reporting forms. You can now have complete international reporting that conforms to all IFRS requirements. If you fill out statements using the national currency, but would like them to be in another currency (e.g. U.S. Dollars to Euros), all you need to do is enter the exchange rate. The IFRT will then automatically calculate the exchange differences and display them in your statements.