TTGL - Preparation of Data for the Accountancy

Interface

For the automated processing of all bookings in the ERP system associated with completed transactions, each company can store a customized booking logic in tm5. This logic assigns all booking procedures for completed transactions to the debit and credit account concerned. The CSV file derived from this can then be further processed directly in the ERP system.

Hedge accounting to IAS39

As part of the IAS39/FAS133 accounting requirements, tm5 supplies the fair value assessment for the relevant categories of financial instruments and supports the policies for hedge accounting. To cover the various hedge accounting methods, tm5 combines the cash flows from the liquidity planning and the interest rate transactions entered (hedge items) with the security transactions for the management of interest rates and currencies (hedge instruments). All of the steps necessary to analyze and document the hedge can be successfully and reliably taken on any key days for analysis. This includes both prospective as well as retrospective effectiveness tests. The posting records for the hedges are automatically generated and shown. This complex data together with complete documentation of the security measures is clearly prepared and can easily be understood and checked by the accounts department and by the auditors.

IFRS7

The information available in a treasury system, which according to IFRS7 is required in attachments, is prepared and issued by tm5. This includes information about the significance of the instruments for the financial situation and the success of the company, their analysis, categorization and details on the security relationships. Apart from this, tm5 provides the basis for qualitative and quantitative risk specifications, such as maturities, liquidity risks and the market risk. It is possible to reveal the sensitivity analyses needed for every type of market risk.

Simulation

The simulations for interest rate and currency scenarios needed for IFRS7 can be done in TTRISKWATCH, and the results can be transferred to TTGL as the basis for the documentation. In this way, the various modules ideally complement  each other and provide the various users with added value in several ways.