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Enterprise Layer Intelligence
Categories/Tax & Accounting/iplicit
iplicit

iplicit

Founded 2019

Manage multi-entity accounting, automated group consolidation, and real-time financial reporting in the cloud

You can use iplicit to manage complex accounting tasks across multiple entities and currencies without relying on manual spreadsheets. It lets your team automate bank reconciliations, handle invoice processing, track expenses, and file VAT returns directly to tax authorities. You can run real-time financial reports, build custom management templates, compare actual spending against budgets, and calculate revenue recognition. It also lets finance teams consolidate accounts across different subsidiaries in minutes, giving leadership a clear view of organizational health and day-to-day cash flow.

What iplicit does

Generate consolidated balance sheets across multiple entitiesReconcile daily bank feeds with accounting recordsSubmit digital VAT returns directly to tax authoritiesCreate custom budget versus actual variance reportsTrack and approve employee expense submissionsImport and export financial data to Microsoft ExcelCalculate and schedule deferred revenue recognitionAutomated multi-entity and group financial consolidationReal-time management reporting and custom report templatesAutomated bank reconciliation workflowsDirect VAT returns submission and tax filing supportMulti-currency transaction tracking and currency conversionAutomated revenue recognition calculation and schedulesBudget versus actual expenditure tracking

Frequently asked

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iplicit, cloud accounting, multi-entity accounting, group consolidation, bank reconciliation, VAT returns, revenue recognition, financial reporting, management reporting, expense management, invoice processing, core financials, budget vs actual, multi-currency accounting, finance automation, stock management