The fully integrated Trial Balance & Working Paper software that makes CFO’s and controllers tick.

Transparency in financial flows is paramount for daughter companies belonging to a large group. An objective of the CFO is to implement financial monitoring and accounting processes that enable management to take the right decisions.
For the controller it is extremely important to have immediate access to all financial data in order to make the right analyses and report in the appropriate way.

It goes without saying that an independent TB software programme linking the complete financial household of your company in one single action would be of great added value.
CaseWare Working Papers meets these expectations. From now on you will have all documents, files, facts and figures related to the annual accounts at your immediate disposal.

The power of CaseWare Working Papers is primarily based upon the once-only connection of the ledger account with the Belgian GAAP-mapping scheme.
The electronic file has the following classification.

All in one: WinAcc

WinAcc is the user-friendly CaseWare Working Papers application that makes your entire annual report.
WinAcc integrates all different programmes that you needed up to now, such as:

• annual accounts-software for drawing up the annual accounts (for the National Bank);

• tax declaration software or tax return for the corporate taxes;

• bookkeeping software for drawing up the internal balance sheet;

• spreadsheet for making analyses;

• spreadsheet or word processing software for related details;

• word processing software for the minutes and reports;

Using WinnAcc you only have to enter data once, which can then be used in all other elements of the application.
WinAcc takes IFRS into account and facilitates the import of trial balances in “Foreign GAAP”, such as US-GAAP.
WinAcc offers you “all in one” !

There are four main parts in the WinAcc template:

Permanent file

In the permanent file of WinAcc you will find general, legal and fiscal information about your administrations/companies. This information only needs to be entered once and will be used in all other parts of WinAcc.
This permanent file will also include an automated form to authorise of any change of address of the company or changes in the directors of the company.

General file

The general file includes various reports such as:

• Financial Statement for the National Bank of Belgium (in Dutch/French/English)

• Internal balance sheet

• Minutes including: annual report board of directors, minutes of the board of directors and minutes of the annual general meeting of shareholders

• Various analysis and ratios
   

Fiscal file

This file includes: the (electronic) company tax declaration, the tax calculation,
rejected expenditures, investment allowance, fiches 281.20 / 281.50 / 325, movable
tax deduction at source, and all appendixes needed for the tax declaration.

Workpaper file

In the working paper file we have integrated documents such as:

• Reconciliation of VAT declaration and turnover

• Various notes / specifications of accounts

The notes can be included in the general report.

How you can benefit from CaseWare WinAcc ?

WinAcc enhances clear, smooth, efficient and almost paperless financial communication
and reporting. More importantly, your company’s General Administration
time costs will be lower.
 

Client testimonial of Allergan?

Jan Peters, Director Finance Central European Area and CaseWare ambassador

“In 2002 Allergan decided to work with CaseWare. Allergan is an American, listed company. We have a number of companies in Europe. Our financial HQ are based in Germany.

We have to report to our HQ in the States according US-GAAP. Furthermore we have
to respect the different national requirements. It is not easy to link all information. The Belgian requirements are not of the least. CaseWare and WinAcc cope perfectly with all of these requirements. In the event of a tax audit you can easily switch from USGAAP to the Belgian requirements.

In the past we needed a national accountant for every country. Each individual accountant made his own journal entries. At the consolidation we had to cope with different formats and were obliged to reenter all data. On top of that we missed the history. We didn’t have the slightest idea where the figures came from. CaseWare makes the job easy. Everything is included in one single electronic file. The complete document flow: from the very beginning till the tax return, completed with all related documents.

The only thing you have to do is loading the SAP US-GAAP figures into WinAcc that will convert these to Belgium GAAP. You immediately get the figures according to Belgian law and the annual accounts. You can also return to the original document and compare different years. In the preferred language. It does not matter which bookkeeping-package you are working with. In WinAcc you decide what and how you want to proceed. You can directly fill in the tax return, which is standard in WinAcc. Calculate tax contributions; make the annual report using the template, make invitations for the annual meeting, etc.

The system offers tremendous advantages in case of personnel change. The transparency of the system enables an efficient hand over. You don’t have to be an “expert” to work with WinAcc. If you need assistance you only have to call the helpdesk. WinAcc also includes a number of internal controls. A digital dashboard has been included to draw your attention on a number of things. Updates are easily downloadable from the Internet. I am very pleased with PragmaTools’ support during the implementation of the software programme. Their involvement with the product is of great added value.

The conversion to CaseWare WinAcc was a very good decision. At Allergan we now have a perfectly integrated and gigantic database. WinAcc simplifies the internal and external reporting considerably, makes us gain quite some time and reduces our GA enormously. But also smaller organisations, such as daughters of foreign mother companies, can benefit a lot from WinAcc. I feel sorry for some companies when I notice how they tackle their different national accounts”.

Click here to download the WinAcc Brochure