UK groups with MYOB entities across multiple jurisdictions — spanning GBP, EUR, USD, AUD, and other currencies — need a consolidation layer that handles multi-currency, multi-entity reporting in a single run. BrizoConsol consolidates your entire group automatically under FRS 102 or IFRS.
MYOB works well inside each company. The problem is what happens when you need to see across all of them. Without a consolidation tool, every group reporting cycle looks the same.
AccountRight users must open each company file from the MYOB hub. MYOB Business users log into each business account separately. Both require individual authentication steps, and switching between files or accounts breaks flow and introduces errors.
~15 min per entityExport a Trial Balance from each company file (Reports → Accounts in AccountRight; Reports in MYOB Business). AccountRight exports tab-delimited files; MYOB Business exports CSV — different column layouts, different date formats, requiring manual reconciliation before you can map accounts across entities.
~20 min per entityEach MYOB company has its own chart of accounts. You build (and rebuild) a mapping spreadsheet to standardise them across the group.
1–2 hrs — rebuilds every quarterLook up exchange rates, apply closing vs average rate logic, build the currency translation calculation — for every entity in a foreign currency.
30–60 min per foreign entityCross-reference intercompany invoices, loans, and transfers across companies. Build manual elimination entries. Reconcile both sides.
Half a day — every periodSum the adjusted figures across entities. Format the statements. Fix the errors the spreadsheet quietly introduced. Send to the board.
1–2 days of senior timeWhether your companies share a holding entity, operate as independent brands, or span multiple countries — BrizoConsol handles the group structure as it actually exists.
A parent company owns and controls one or more MYOB subsidiaries. BrizoConsol consolidates all entities under the group — including partial ownership with automatic NCI calculation.
Each country or region runs its own MYOB company in its local currency. BrizoConsol consolidates all regional entities into one group view with full currency translation applied automatically.
Each brand trades through its own company with its own MYOB company. BrizoConsol produces a consolidated group view and lets you slice the data by brand using Virtual Groups.
Some entities use MYOB; others use Xero, QuickBooks, or Zoho Books. BrizoConsol connects to each platform independently and consolidates all entities together — no system is excluded from the group.
A management company or shared services entity charges fees to operating subsidiaries. BrizoConsol eliminates these intercompany charges automatically and lets you view net performance at group level.
You own less than 100% of one or more subsidiaries. BrizoConsol calculates non-controlling interest (NCI) automatically, splitting net profit and equity between group and minority interest in the consolidated statements.
No implementation project. No data migration. Most groups have their first consolidated group report within the same day.
From Organisation Settings, connect each MYOB company file using MYOB's OAuth 2.0. The process is two steps: first authenticate via your my.MYOB account, then select and authorise the specific company file. The user completing this must be an Administrator on the company file — MYOB requires administrator access for all OAuth approvals since March 2025. BrizoConsol never stores your credentials and cannot modify your MYOB data.
~5–10 min per company fileBrizoConsol's AI Auto-Map reads each MYOB company's chart of accounts and suggests mappings to your group reporting structure. Review and confirm — you don't need identical account codes across companies. Each company can keep its own chart of accounts.
AI-assisted · Under 30 min for most groupsEnter each company's ownership percentage, base currency, and fiscal year. For partially owned subsidiaries, BrizoConsol uses the ownership percentage to calculate non-controlling interest automatically.
One-time setupBrizoConsol pulls data from every connected MYOB company, applies eliminations, translates currencies, and produces your consolidated group P&L, Balance Sheet, and Cash Flow. From this point, data syncs nightly — your group view stays current automatically.
Reports available same dayEvery group has a wrinkle. Here is how BrizoConsol handles the ones that come up most often.
BrizoConsol is built for groups of all sizes. Whether you're consolidating two MYOB companies for the first time, or managing a complex group with dozens of entities across multiple countries and platforms, the consolidation process scales without additional configuration.
All plans include unlimited users. Entity limits vary by plan.
UK groups with Australian or New Zealand subsidiaries using MYOB AccountRight or MYOB Business need a consolidation layer that spans GBP, AUD, and NZD. BrizoConsol consolidates MYOB entities alongside any other platform your UK and international entities use — all currencies translated under FRS 102 Section 30 automatically.
UK-headquartered groups with Australian subsidiaries on MYOB AccountRight or MYOB Business consolidate GBP and AUD in BrizoConsol. FRS 102 Section 30 AUD→GBP translation is applied automatically — closing rates for Balance Sheet, average rates for P&L — with full intercompany elimination each period.
Groups spanning the UK, Australia, and New Zealand consolidate three currencies across three time zones. BrizoConsol handles GBP, AUD, and NZD under FRS 102 Section 30, producing a single consolidated view in GBP automatically each period.
BrizoConsol supports both MYOB AccountRight and MYOB Business — UK groups can consolidate Australian entities across both MYOB product lines in a single view. Whether your Australian subsidiaries use AccountRight or MYOB Business, BrizoConsol connects to both.
UK groups with MYOB in Australian entities and Xero or QuickBooks in UK or US entities can consolidate all platforms simultaneously. BrizoConsol connects to each platform independently — the group consolidation runs across all accounting systems in one view.
UK groups preparing consolidated financial statements must comply with FRS 102 Section 9 Consolidated and Separate Financial Statements under the Companies Act 2006. Listed companies on AIM or the LSE follow IFRS 10. BrizoConsol automates FRS 102-compliant consolidation for MYOB groups across the UK — including intercompany eliminations, GBP-based currency translation under FRS 102 Section 30, and NCI attribution.
FRS 102 Section 9 requires a UK parent entity to consolidate all subsidiaries it controls under the Companies Act 2006. BrizoConsol applies FRS 102 Section 9-compliant consolidation logic — including full intercompany elimination and NCI — across all connected MYOB entities automatically each period your companies close.
UK groups with foreign subsidiaries — in the EU (EUR), Australia (AUD), the US (USD), or Asia — apply FRS 102 Section 30 for currency translation. BrizoConsol translates each foreign entity at closing rates (Balance Sheet) and average rates (P&L), calculates the translation reserve, and includes it in equity — automatically each period.
UK parent companies must file consolidated financial statements with Companies House under the Companies Act 2006. The Financial Reporting Council (FRC) sets UK accounting standards. BrizoConsol produces audit-ready consolidated statements with a full elimination audit trail, ready for your auditors and Companies House submission.
UK-headquartered groups typically span entities in the EU (EUR), Australia (AUD), the US (USD), Asia, and the Middle East — each requiring GBP translation under FRS 102 Section 30. Many use MYOB in their UK holding entity alongside other platforms regionally. BrizoConsol consolidates GBP, EUR, USD, AUD, AED, and other currencies in a single run automatically.