Accounting Software provides 300 FAS123R compliance.
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Press Release Summary:
With scheduled batch reporting functionality, stock plan accounting and administration software allows users to schedule/run quarterly and annual reports needed to comply with accounting and SEC standards. Administrative reports run day-to-day, and can also be generated in real-time at any time. Software provides role-based access to Stock Option Administrator, Implementation Administrator, Reports Only, and ESPP Administrator functions for running selected reports on batched basis.
Original Press Release:
EASi Adds Scheduled Batch Reporting
Provides 300 FAS123R Compliance and Administrative Reports Overnight
PLEASANTON, Calif., May 5 / - Equity Administration Solutions, Inc. (EASi), today announced the addition of scheduled reporting to its robust stock plan accounting and administration software. Batch reporting makes it even easier and faster for busy professionals to schedule and run the quarterly and annual reports needed to comply with accounting and SEC standards, plus the administrative reports run day-to-day. Reports can also be generated in real time at any time, day or night.
EASi now provides role-based access to Stock Option Administrator, Implementation Administrator, Reports Only and ESPP Administrator functions for running selected reports on a batched basis. Designated users can queue up reports in a batch, select Summary Only, CSV and/or PDF format, submit the batch for processing and retrieve the completed documents from a secure FTP site. EASi software sends an email notification to the user when reports are complete.
"Batch reporting eliminates time-out errors that can occur when reports run in a browser window," explains Mark Ebersole, Chief Technology Officer for EASi. Our customers especially appreciate the convenience of defining a batch once and saving it for future use."
EASi offers more than 100 administrative reports and 200 standard financial reports. Standard administrative reports include activity details and summaries, plus payroll income and tax reporting. Financial reports cover FAS123R A240 disclosure, the new SEC Executive Compensation tables and basic and diluted EPS including deferred tax for assumed share repurchases. Companies can generate accounting reports keyed on departments, branches, subsidiaries, multiple tax entities, countries, equity compensation plans, as well as award types and user-specified days, including past or future date ranges. Customers can enter awards under consideration for issuance to see the forward financial impact.
Equity Administration Solutions, Inc. sells industrial strength stock plan expensing software designed to handle the accounting, tax and administration needs of companies that grant equity awards. Headquartered in Pleasanton, CA, EASi is setting the new standard by delivering the most complete FAS123R solution available; addressing valuation, expensing, corporate tax, dilution and disclosure.
Source: Equity Administration Solutions, Inc.
CONTACT: Amy Damianakes of EASi, +1-925-937-4561, amy@damianakes.com
Web site: http://www.easiadmin.com/
