Sarbanes-Oxley law requires hedges to be frequently tested to ascertain hedge effectiveness. Enstep's Hedge Accounting workbench offers users loads of great functions, such as hedge designation automation and lots of standard reports, to ease the burden of hedge management.

Hedge Designations

Enstep Application users can create rules, using basic application forms, by which Enstep will automate hedge designations, easing the burden of managing designations manually. New transactions will automatically be added to designation groups using user-defined designation rules.

Pre-built Hedge Reports

Enstep provides five pre-built reports to enable application users to comply with Sarbanes-Oxley requirements, namely: Balance Sheet, Hedge Effectiveness, Income Statement, Journal Entry, and OCI Roll-over.