Explore features like billing, payments, reporting, and more. The administrative management applications of MagoCloud have everything you need to manage your numbers effortlessly.
Total control. Flexible and transparent business accounting.
MagoCloud’s features for the Financials area allow you to work from anywhere, share with your employees, and collaborate with consultants. Just add features to create a complete solution for your business.
The benefits of Financial Accounting
for your Company
EARNING RISE with greater cost visibility
with accounting models
thanks to data transparency
BETTER LIQUIDITY with optimal management
Features for every aspect of your business
Simply and accurately fulfill all the tax obligations of ordinary accounting.
Accurate and reliable period accounting control to obtain a simulated period-related financial statements that are really close to the company’s reality.
Turn your balance sheet into the standard XBRL format, taking advantage of the EU reclassification already in the general accounting module.
Basel 2 Balance Analysis
Monitor your company’s performance; have a financial, capital and economic evaluation according to Basel 2.
Manage one or more companies: collect the financial statements of the individual companies to obtain the consolidated financial statements, you can also convert the balances into foreign currency.
Analysis & Controlling
Monitoring of business events with economic significance. Definition of cost centers, multi-year job orders, surveys, analytical accounts for non-accounting events.
Manage the complex matter of depreciable assets from the moment of acquisition until disposal, in compliance with regulations.
Record inputs and outputs on a session that periodically consolidates and generates first note recordings. Each operation is associated with a button.
Produce and send to Customs the Intrastat Lists required by EU regulations; you can manage operations for tax and/or statistical purposes.
Advanced Bank Management
Create files for SEPA Credit Transfer and SEPA Direct Debit in SEPA XML format. Send via email the SDD Mandates and align the banks master via web service.
Accounting Inventory Book
Print all the reports that make up the Inventory Book, including attachments, or specific reports in Mago or freely compiled reports.
Two-way integration with Sedoc’s DocFinance for advance management of the company’s treasury, which also includes Telemaco’s Remote Banking services.
Accounting Data Exchange with Omnia
Connect with the accountant who uses Omnia. You can also maintain its supervision by adopting the relevant chart of accounts without linking to Omnia sub-accounts.
Recognition of accounting entries for staff management: import a file from Omnia Paghe and get the first note in ordinary accounting, with the related analytical movement.