Chart of Accounts
COA Mapping for Group Consolidation: How to Build, Document, and Maintain Your Entity-to-Group Account Map
The error had been running for six months before anyone noticed. One of the group’s manufacturing subsidiaries had added a…
Why Every Entity Needs Dedicated Intercompany Account Codes: The Group COA Design That Makes Eliminations Automatic
Tom is group financial controller at Nexum Group, a five-entity professional services group. Every month, after all five entities have…
When Entities Code the Same Cost Differently: How Inconsistent Charts of Accounts Break Group Management Reporting
Rachel is the group finance manager at Vantage Group. Each of the group’s four entities runs Xero, set up independently…
How to Consolidate Entities With Different Charts of Accounts
The three entities in Sofia’s group each had their own accounting history. Entity A was the original business, built on…
Account Mapping Errors in Group Consolidation: Why Your Consolidated Gross Margin Is Wrong When Every Entity’s P&L Looks Fine
Dan is the group financial controller at Meridian Group, a services business with five operating subsidiaries. The March consolidated P&L…
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…