Greatwill VS Solver

• Subsidiary founding and acquisition
  acquisition cost, purchase price allocation, goodwill and its amortisation, minority interest at acquisition
• Intra-group income, expenses, receivables and payables
  full elimination from imported figures, reconciliation per company pair
• Unrealised margin in inventory
  opening and closing margin, deferred tax asset, minority share
• Intra-group dividends
  elimination of internal profit distribution
• Translation differences
  foreign subsidiaries translated to EUR, equity translation difference and average-rate difference, rates fetched automatically
• Minority interest
  share of equity and profit, carried forward year to year
• Depreciation difference and tax-based reserves
  split into equity and deferred tax liability
• Associates and participating interests
  equity method
• Sale and merger of a subsidiary
  group gain on disposal, elimination of merger gain or loss
• Reconciliation statements and consolidation worksheet
  equity and minority reconciliations, audit trail from form to entry
• File-based import and Excel exports
  works with any accounting software; worksheet, financial statements, journal and ledger as downloads; read-only access for auditors
• Other features
  unlimited users, group- and period-level access rights, attachments per event, manual journal entries, forms roll forward to the next financial year automatically, data stored in the EU.

• Ease of Use
  Solver provides an intuitive interface that integrates with Excel, making it accessible for users already familiar with spreadsheet software.
• Wide Range of Solving Methods
  It offers various solving methods, including linear, nonlinear, and integer programming, catering to diverse modeling needs.
• Robust Optimization Capabilities
  Solver can handle complex optimization problems and supports features like multi-stage and stochastic programming.
• Seamless Integration
  The add-in integrates smoothly with Microsoft Excel, allowing users to leverage existing data and formulas in their optimizations.
• Comprehensive Documentation
  Solver provides extensive documentation and support resources, helping users troubleshoot and maximize the software's capabilities.

Possible disadvantages

• Cost
  Some versions and features of Solver are offered on a subscription basis, which might be expensive for individual users or small businesses.
• Learning Curve
  While designed for ease of use, mastering all features and capabilities of Solver can take time, especially for users new to optimization.
• Performance Limitations
  For extremely large-scale problems, Solver's performance may not match that of more specialized optimization software.
• Excel Dependency
  Since Solver is an Excel add-in, users are required to have Microsoft Excel, which might not be suitable for those preferring standalone applications.
• Complex Licensing
  The licensing structure, with different versions and features, can be confusing and might require careful evaluation to ensure coverage of needed functionalities.

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