Case study: Consolidation and reporting at Jacobs Rimell. By John Stokdyk

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Richard Batchelor joined London-based communications software group Jacobs Rimell in 2005 and now oversees the accounts for three subsidiaries: the product development and HQ in the UK, a US subsidiary that looks after its biggest customer and a newly formed Dutch subsidiary.

"We work with business units that sell products and services to communications service providers; they also generate maintenance revenues. So we need to report to each of those business units, but also by line of business. Some are linked and we need to report on a line of business within a business unit," he explains.

When Batchelor joined the company, it was running the accounts in two versions of QuickBooks to cater for different currencies. To extract a consolidated balance sheet and profit & loss report, the financ...

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