Organise assets digitally and at company securities accounts replace manual postings with data imports

Securities accounts (stocks, bonds, funds, etc.) held in corporate structures (GmbH, AG, GmbH & Co. KG, etc.), in foundations or in certain taxable business assets can pose all kinds of accounting challenges.

Challenges arise in particular when, for legal reasons, an entry has to be made in a company securities account in accordance with the German Commercial Code and/or tax law. Bank statements from tax advisors are of no use, as they are aimed exclusively at private investors. Instead, postings and document entries must be made manually. This is often a complex, expensive and error-prone process.

Together with adorsys, fintegra offers a BSR solution that replaces the manual booking process with a data import.

BSR is part of a suite of bank-driven imports for accountants. Master data and transaction data required for posting are imported from the core banking software into the fintegra database. The data is then enriched with additional data from rating systems, price information systems, etc. using fintegra’s algorithm.

The manual booking process is replaced by two DATEV export files, commercial law, tax law and a financial statement in Excel format. The use of BSR increases the efficiency of the company’s securities accounting, makes it more cost-effective and improves quality at the same time.