Functional Questions
Does Sigma allow me to produce the documents required for audit and legal publishing of the accounts ?
Yes, Sigma produces an extended Belgian and Luxemburg legal consolidation reporting set. All the reports are available on paper, on Excel, Word, or pdf for E mail transfer. It also provides an export file to Accon© statutory accounts or Accon© consolidated accounts or FIRST© consolidated accounts .
Which are the accounting standards in Sigma ? How can I use other standards for the consolidation?
Sigma is preparameterized according to the Belgian or Luxemburg accounting standards for industrial groups (BNB- NBB).
In addition, IAS-IFRS standards are proposed.
Other standards can be used; you just need to copy your initial consolidation in another environment where you have defined other rules for events and booked other adjustments.
When starting a new consolidation with Sigma, I would like to keep the full detail of the historic adjustments. Is this possible?
Yes in fact, this is standard in Sigma.
You always keep the complete list of all past adjustments available for viewing and printing. There is no automatic globalization.
Can I start my consolidation even if I dont have all the bundle information yet ?
Yes, of course.
The bundles from Sigma-Bundle can be sent out by the subsidiaries step by step in function of the calendar.
Partial imports can be processed : intercompanies first, balance or flows afterwards.
Bundles can be more or less filled according to the type of consolidation : annual, quarterly, or budgeting and forecast. When sending additional information, Sigma will save the data already received.
Can I import automatically the data into Sigma from an external accounting or budgeting system?
Yes this module is part of Sigma.
It automatically imports the accounts balance, participations, flows, and interco’s from an Excel file.
Correspondance tables for companies, accounts, flows are easily managed and full validation control is performed.
Yes, Sigma produces an extended Belgian and Luxemburg legal consolidation reporting set. All the reports are available on paper, on Excel, Word, or pdf for E mail transfer. It also provides an export file to Accon© statutory accounts or Accon© consolidated accounts or FIRST© consolidated accounts .
Which are the accounting standards in Sigma ? How can I use other standards for the consolidation?
Sigma is preparameterized according to the Belgian or Luxemburg accounting standards for industrial groups (BNB- NBB).
In addition, IAS-IFRS standards are proposed.
Other standards can be used; you just need to copy your initial consolidation in another environment where you have defined other rules for events and booked other adjustments.
When starting a new consolidation with Sigma, I would like to keep the full detail of the historic adjustments. Is this possible?
Yes in fact, this is standard in Sigma.
You always keep the complete list of all past adjustments available for viewing and printing. There is no automatic globalization.
Can I start my consolidation even if I dont have all the bundle information yet ?
Yes, of course.
The bundles from Sigma-Bundle can be sent out by the subsidiaries step by step in function of the calendar.
Partial imports can be processed : intercompanies first, balance or flows afterwards.
Bundles can be more or less filled according to the type of consolidation : annual, quarterly, or budgeting and forecast. When sending additional information, Sigma will save the data already received.
Can I import automatically the data into Sigma from an external accounting or budgeting system?
Yes this module is part of Sigma.
It automatically imports the accounts balance, participations, flows, and interco’s from an Excel file.
Correspondance tables for companies, accounts, flows are easily managed and full validation control is performed.
