MYOB Month-End Consolidation
for Singapore Groups

The month-end consolidation process for an MYOB group involves confirming all entities have closed their books, extracting and mapping general ledger data from each MYOB company, applying currency translation for foreign entities, eliminating intercompany transactions between entities, and producing a consolidated P&L, Balance Sheet, and Cash Flow. Without automation, each of these steps requires manual effort — exporting from each MYOB company, reconciling account structures, calculating FX, and assembling consolidated statements in a spreadsheet. With BrizoConsol, all of this runs automatically once entities close.

With BrizoConsol, the group consolidation runs automatically as entities close — reports are typically available within hours of the last entity confirming close, on the same day. The finance team's time is spent on review and approval rather than data assembly. Without a consolidation tool, most MYOB groups report spending 3–5 days per month on manual consolidation work before group reports are ready.

BrizoConsol automates: syncing general ledger data from all connected MYOB companies, applying account mappings to translate entity accounts into the group reporting structure, currency translation including CTA calculation, intercompany elimination with automatic detection and mismatch flagging, NCI calculation based on configured ownership percentages, and the production of consolidated P&L, Balance Sheet, Cash Flow, and supporting reports. What remains for the finance team is exception review, manual adjustment posting (where required), and final sign-off — not data assembly.

Yes. BrizoConsol can produce a preliminary group view at any point using whatever data is available from connected MYOB companies. This is useful for tracking close progress — seeing which entities have updated their data and which are still pending — and for an early read on group performance before the final close. The official consolidated statements are produced once all entities have confirmed close and the finance team has signed off on any adjustments.

After close, BrizoConsol makes available: consolidated P&L, consolidated Balance Sheet, consolidated Cash Flow Statement, intercompany elimination report with full audit trail, entity-by-entity variance analysis vs prior period, group dashboard with live KPIs, and Pulse health scores across cash flow, AR, margin, and risk signals. All reports are available for export to PDF or Excel, and can be scheduled for automatic delivery to stakeholders.

Entity-level reporting in MYOB shows the financials of a single organisation — revenue, costs, assets, and liabilities as that entity has recorded them. Group reporting goes further: it combines all entities, eliminates transactions between them, translates different currencies into a single reporting currency, and applies NCI adjustments — producing a view of the economic group as a whole that neither overstates revenue nor double-counts balances. Entity reports are appropriate for subsidiary-level management and compliance; group reports are what boards, investors, and auditors need.