US parent companies with Xero-using subsidiaries in the UK, Australia, or New Zealand need ASC 810-compliant group consolidation in USD. BrizoConsol consolidates Xero organisations alongside your US QuickBooks entities — one group view, one reporting currency.
Xero works well inside each organisation. 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 Xero organisation requires a separate login session. Switching between them repeatedly breaks flow and creates risk of error.
~15 min per entityExport a Trial Balance from each Xero organisation (Reports → Accounting). Each organisation has its own chart of accounts — column layouts and account names differ across organisations, requiring manual remapping.
~20 min per entityEach Xero organisation 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 Xero subsidiaries. BrizoConsol consolidates all entities under the group — including partial ownership with automatic NCI calculation.
Each country or region runs its own Xero organisation 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 Xero organisation. BrizoConsol produces a consolidated group view and lets you slice the data by brand using Virtual Groups.
Some entities use Xero; others use MYOB, 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, authorise each Xero organisation through Xero's OAuth screen. One authorisation per organisation — BrizoConsol never stores your Xero credentials. Access is read-only; your Xero data is never modified.
~5 min per companyBrizoConsol's AI Auto-Map reads each Xero organisation'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 Xero organisation, 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 Xero organisations 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.
US groups preparing consolidated financial statements under US GAAP must comply with ASC 810 Consolidation, with foreign currency translation governed by ASC 830 Foreign Currency Matters. BrizoConsol automates ASC 810-compliant consolidation for US groups using Xero, including NCI attribution under ASC 810-10-45 and CTA calculation under ASC 830 included in Other Comprehensive Income (OCI).
ASC 810 requires a US parent entity to consolidate all subsidiaries it controls through a majority voting interest or through variable interest entity (VIE) relationships. NCI (non-controlling interest) is presented separately within equity under ASC 810-10-45. BrizoConsol applies ASC 810-compliant logic — including full intercompany elimination and NCI attribution — across all connected Xero entities automatically.
US groups with foreign subsidiaries apply ASC 830 Foreign Currency Matters. BrizoConsol applies the current rate method — closing rates to Balance Sheet items, weighted average rates to P&L — and calculates the Cumulative Translation Adjustment (CTA). The CTA is included in Other Comprehensive Income (OCI) in the consolidated Balance Sheet, consistent with ASC 220 and ASC 830 requirements.
US public companies filing with the SEC under Regulation S-X must present consolidated financial statements audited by a PCAOB-registered firm. BrizoConsol produces audit-ready consolidated output — with full elimination audit trails and period-by-period CTA schedules — that can be handed directly to your external auditors. All adjustments are traceable to the originating Xero entity and transaction.
US-based groups typically operate subsidiaries in Canada (CAD), the UK (GBP), Australia (AUD), India (INR), and the UAE (AED) — each requiring USD translation under ASC 830. Many use Xero in their US entities and Xero, MYOB, or other platforms overseas. BrizoConsol consolidates all of these currencies in a single run, applying ASC 830-compliant rates automatically.