Connect your entities and BrizoConsol identifies matching intercompany transactions and eliminates them — revenue, loans, dividends, and management fees. Manual entries where you need them, full audit trail throughout.
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Every entity in a group trades with the others — revenue, loans, dividends, management fees. Every one of those transactions needs to be eliminated before you can sign off on consolidated financials. Most tools leave you to find, match, and post them by hand.
| Scenario | What most tools do | What BrizoConsol does |
|---|---|---|
| Intercompany revenue & expenses | Export both entities, manually match pairs, post a journal in a spreadsheet | Auto-detected when charts of accounts are aligned — eliminated without any manual input |
| Intercompany loans | No matching — receivable and payable sit on the balance sheet unchecked | IC receivable and payable matched and eliminated automatically each period |
| Intercompany dividends | Dividend income stays on the parent P&L — double-counted in the group | Dividend income eliminated against the subsidiary's retained earnings automatically |
| Unrealised profit in inventory | Requires manual calculation and journal every period — often missed | Post a manual elimination with full traceability — flows directly into consolidated P&L and inventory |
| Elimination audit trail | Spreadsheet rows — no timestamp, no author, no traceability to the source transaction | Every entry logged with date, type, entity pair, and amount — auditor-ready on demand |
| Checking completeness before close | Manual reconciliation across entities — easy to miss a balance | Elim Validation flags unmatched IC balances before you close — nothing slips through |
When charts of accounts are aligned across entities, BrizoConsol identifies matching intercompany pairs and eliminates them automatically on every consolidation run.
| Transaction | Entity A | Entity B | Amount |
|---|---|---|---|
| IC Revenue / Expense | HoldCo | OpCo SG | $124,000 |
| IC Revenue / Expense | HoldCo | OpCo AU | $88,400 |
| IC Loan | HoldCo | OpCo HK | $250,000 |
| IC Dividend | OpCo SG | HoldCo | $40,000 |
| Total Auto-Eliminated | $502,400 | ||
Not every elimination can be automated. Unrealised profits, management fees, and fair value adjustments require judgement. Manual elimination entries are fully traceable and flow directly into consolidated reports on save.
Sales from one entity to another inflate group revenue. Matching IC revenue and expense pairs are detected and eliminated automatically when account codes align across entities.
Loans between group entities create a receivable on one side and a payable on the other. BrizoConsol eliminates both sides — the balance sheet is clean without any manual matching.
Dividends paid by a subsidiary show up as income at the parent. BrizoConsol eliminates dividend income against the subsidiary's retained earnings — no double-counting in the group P&L.
Fees charged by a holding company to its subsidiaries are intercompany in nature. Post a manual elimination — the fee income and expense are both removed from the group P&L.
When one entity sells goods to another at a mark-up and the buyer still holds stock, the profit is unrealised at group level. IFRS requires elimination — post a manual entry, BrizoConsol handles the rest.
Before closing, Elim Validation scans for unmatched intercompany balances across all entities. Any discrepancy is flagged before it reaches your consolidated statements — not after.
Auditors need to trace every elimination back to a source. The Elimination & Journals Report gives them a complete, time-stamped log of every auto and manual entry across every period.
| Type | Description | Amount |
|---|---|---|
| Auto | IC Revenue — HoldCo → OpCo SG | $124,000 |
| Auto | IC Loan — HoldCo ↔ OpCo HK | $250,000 |
| Manual | Unrealised profit — OpCo AU | $18,500 |
| Manual | Management fee — OpCo US | $32,000 |
| Total Eliminated | $553,000 | |
Auto and manual intercompany eliminations, the Elim Validation tool, and the Elimination & Journals Report are all included — no add-ons required.
No credit card required · 30 days full access
Also in Pro: NCI → · CTA / FCTR → · Step Acquisitions →
Auto-detect matching transactions. Post manual entries where you need them. Close the books with nothing uneliminated.
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