BAR Balance Analysis and Reporting
BAR was a balance sheet, EIS and consolidation system that could produce an unlimited variety of balances and balance-related financial reports and analyses. BAR enabled integration and consolidation of different accounting systems, resulting in uniform and comparable reporting procedures for multiple organizational or legal entities.
BAR reports consisted of an unlimited amount of user-defined structure codes, each of which defined the behavior and attributes of report contents. BAR structure codes could unify any series of client accounting number structures. BAR also included exception alarms, comments and accounting adjustments. Structure codes were assigned automatically to each underlying account balance, based on user-specific matching conditions. This assignment capability accommodated any accounting procedures - such as IAS, EEC, or U.S. GAAP - or account state, including assigning different balance sheet categories when an account balance was plus or minus.
BAR offered more stability, uniformity, flexibility and ease than spreadsheet, database, or report-writer produces and could be run in a controllable and auditable environment.
Individual Computer Systems AG