Catch22 - Transactional based Financial Modeling & Consolidation System
English-like logic and simple Accounting terminology are used to generate a self documenting model that can be easily understood and modified
Double Entry Accounting is used to generate transactions that realistically simulate the financial assumptions in the model
Uses simple Accounting terminology: Debit, Credit, Balance, and Transactions
Ensures that the Balance Sheet and Income Statement are in balance, and that they reconcile with the Cash Flow / Cash Audit Trail Statement
Built-in complete Audit Trail of all transactions that were invoked during model execution
Capability to separate data and logic to perform “What-if” scenarios efficiently
Conditional logic in the model (IF, THEN, AND, ELSE, GOTO)
Incorporates Rolling Forecast, Look Ahead and Look Back capabilities
Modeling process can be Accrual and/or Cash Basis
Financial and Non-Financial Chart of Accounts capabilities
Utilizes your current Chart of Accounts, or the option to create alternative Chart of Accounts
Generates Balance Sheet, Income Statement, Cash Flow/Audit Trail and a Non-Financial report
Automatic Period Aggregations may be defined for both Financial and Non-Financial Accounts
Multi-Company Multi-Versions Consolidation
Window based platform
Utilizes MYSQL Database