Practical guides for finance teams consolidating multi-entity groups — covering month-end close, intercompany eliminations, currency translation, and more
Latest Blogs
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BrizoConsol vs Excel: Why Accounting Firms Are Making the Switch for Multi-Entity Consolidation
Excel is impressive. For a tool built in the 1980s, it has survived every wave of software disruption and remained the default workspace for accountants worldwide. But there is a…
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How Financial Consolidation Software Cuts Your Month-End Close
The average multi-entity finance team takes between eight and twelve working days to complete its month-end consolidated close. That figure — drawn from conversations with group CFOs and financial controllers…
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The Best Xero Consolidation Software for Multi-Entity Groups
Finance teams running three or more Xero entities will hit the same wall at month-end: Xero has no native mechanism for pulling those books together into a single set of…
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Multi-Entity Accounting Software: Getting CTA Right at Consolidation
Ask any group financial controller which part of the consolidated close they trust least, and the answer is usually the same: the currency translation. Not because the accounting principle is…
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Stop Re-Entering the Same Journals Every Month: Recurring Journals in BrizoConsol
There is a particular kind of inefficiency that finance teams learn to accept without questioning — the monthly ritual of entering journal entries that are, give or take a number,…
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How to Design a Common Chart of Accounts for Multi-Entity Groups: A Step-by-Step Strategy Guide
If you manage the finances of a group with two or more entities, you already know the frustration. Each subsidiary runs its own accounting software, and each one was set…
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Consolidation Software for QuickBooks: How Accounting Firms Deliver Group Accounts at Scale
QuickBooks is the dominant accounting platform across the US, Canada, and much of the Asia-Pacific market — which means that accounting firms and outsourced CFO practices working with growing businesses…
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How to Calculate the Cumulative Translation Adjustment (CTA) in Group Consolidation
If you have ever prepared or reviewed a consolidated balance sheet and found yourself staring at a line in equity labelled Cumulative Translation Adjustment — or Foreign Currency Translation Reserve,…