Parent and child rollups with eliminations that post themselves.
Consolidate any number of legal entities with due-to and due-from eliminations, currency translation and a cumulative translation adjustment tracked in its own account.
The Engine
What a consolidated close requires.
Each element is native to the ledger rather than assembled in a reporting tool.
Entity Hierarchy
Parent and child structures with ownership percentages and reporting currency defined per entity.
Intercompany Matching
Due-to and due-from balances are paired across entities so imbalances surface before the rollup runs.
Automatic Eliminations
Intercompany revenue, expense and balance sheet positions eliminate at consolidation with a full entry trail.
Currency Translation
Subsidiary balances translate at the correct rate type per account class, with period-end revaluation and auto-reversals.
Cumulative Translation Adjustment
CTA accumulates in its own equity account so translation effects never distort operating results.
Consolidated Statements
One statement set across the group with drill-down to the contributing entity and the originating entry.
Group Reporting
The month-end that used to take a week.
No consolidation workbook
Rollups are produced from the ledger, so a late adjusting entry in a subsidiary updates the group statements immediately.
Local and group views coexist
Each entity keeps its statutory presentation while the group reads one consolidated set, from the same records.
Audit trail across borders
Eliminations, translations and CTA movements are journal entries with lineage, not formulas in a file on someone's laptop.
Consolidate two entities before lunch.
Provision a workspace, define a hierarchy and produce a consolidated statement set.