Consolidation Fundamentals
Intercompany Loan Eliminations: A Practical Guide to the Complications That Matter
The basic elimination of an intercompany loan is simple enough: the loan receivable in the parent’s accounts and the loan…
A Complete Consolidation Worked Example: From Entity Trial Balances to Consolidated Financial Statements
Most consolidation guides explain what an intercompany elimination is. Far fewer show you exactly what happens to the numbers when…
Why You Should Never Start Intercompany Eliminations Before Reconciling Balances
Under time pressure at the end of quarter, the intercompany schedules for four of your six entities have arrived and…
Intercompany Dividends in Consolidation: Elimination Entries and Common Complications
When a subsidiary pays a dividend to its parent, the parent records dividend income and the subsidiary’s retained earnings fall.…
Consolidation Failures Are Sequencing Failures: The Case for a Fixed Process Order
When a group close goes wrong, the diagnosis usually lands on one of three things: the data was late, the…
Why Your Consolidated Accounts Look Different Every Quarter (When the Accounting Is Correct)
The CFO’s question was direct: “Why does the goodwill figure keep moving?” James, the group financial controller, had the answer…
How to Prepare a Consolidation Adjustment Schedule
Patrick had been running the group consolidation for two years when the audit firm changed. The outgoing team had known…
Intercompany Eliminations: A Complete Guide for Group Consolidation
When a parent company sells goods to its subsidiary, both sides of that transaction end up in the accounting records.…
Why Excel Consolidation Breaks When Your Group Gets More Complex
Rachel had been running the group consolidation for three years without a serious incident. The workbook was hers: 47 tabs,…
How to Consolidate Multiple Zoho Books Organisations Without Excel
If your group is running multiple Zoho Books accounts and still relying on Excel to pull the numbers together, this…