UK groups with QuickBooks 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.
QuickBooks Online 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.
Each QuickBooks Online company is a separate subscription with its own login. There is no multi-company dashboard in QBO — you switch between companies manually. Switching between them repeatedly breaks flow and creates risk of error.
~15 min per entityExport a Trial Balance from each QuickBooks Online company (Reports → Trial Balance). Each company has its own chart of accounts — account codes and names differ across companies, requiring manual remapping before you can combine anything.
~20 min per entityEach QuickBooks Online 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 QuickBooks subsidiaries. BrizoConsol consolidates all entities under the group — including partial ownership with automatic NCI calculation.
Each country or region runs its own QuickBooks 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 QuickBooks company. BrizoConsol produces a consolidated group view and lets you slice the data by brand using Virtual Groups.
Some entities use QuickBooks; others use Xero, MYOB, 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, authorise each QuickBooks Online company through Intuit's OAuth screen. One authorisation per company — BrizoConsol never stores your QuickBooks credentials. Access is read-only; your QuickBooks data is never modified.
~5 min per companyBrizoConsol's AI Auto-Map reads each QuickBooks 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 QuickBooks 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 QuickBooks 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-headquartered groups using QuickBooks Online often have subsidiaries across the EU, Australia, the US, and beyond — each with its own accounting system and local currency. BrizoConsol connects to each QuickBooks entity and any other platforms your regional subsidiaries use, consolidating all of them into a single FRS 102-compliant group view. GBP, EUR, USD, AUD — all translated under FRS 102 Section 30 in a single automated run.
UK groups with EU subsidiaries in Germany, France, the Netherlands, or Ireland consolidate GBP and EUR under FRS 102 Section 30. BrizoConsol applies closing and average rates automatically, eliminates intercompany balances, and produces a single FRS 102-compliant consolidated view each period.
UK groups expanding into the US and Australia on QuickBooks span GBP, USD, and AUD. BrizoConsol consolidates all three jurisdictions — FRS 102 Section 30 currency translation, full intercompany elimination, and NCI attribution — producing a single GBP-based consolidated view automatically.
QuickBooks Online uses one subscription per company — a UK group with five entities has five separate QBO accounts with no native consolidated view. BrizoConsol connects to each QBO subscription independently and consolidates all of them, with intercompany eliminations and FRS 102-compliant currency translation applied automatically.
UK groups with QuickBooks in the holding entity alongside Xero (AU/NZ operations) or MYOB (Australian subsidiaries) can consolidate all platforms in BrizoConsol simultaneously. Each entity connects independently — the group consolidation runs across all platforms 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 QuickBooks 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 QuickBooks 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 QuickBooks in their UK holding entity alongside other platforms regionally. BrizoConsol consolidates GBP, EUR, USD, AUD, AED, and other currencies in a single run automatically.