Month-end consolidation shouldn’t start with hours of spreadsheet cleanup.
Yet many finance teams spend significant time reformatting trial balances before they can even begin reviewing the numbers. Different subsidiaries submit different Excel formats, forcing group finance teams to standardize files before upload.
Watch the webinar below to see how BrizoConsol handles multiple trial balance formats without requiring extensive spreadsheet rework.
Stop building consolidations in spreadsheets.
BrizoConsol automates multi-entity consolidation — setup in minutes, reports the same day.
What You’ll Learn
In this webinar, we cover:
- Why Excel reformatting delays month-end close
- Common trial balance formats received from subsidiaries
- How to import different file structures into BrizoConsol
- Ways to reduce manual preparation work before consolidation
- Best practices for reviewing imported financial data
Why Finance Teams Spend Too Much Time Preparing Excel Files
Many consolidation projects begin with a simple assumption: every entity will submit data in the same format.
Unfortunately, reality is rarely that simple.
Different subsidiaries use different accounting systems, reporting structures, and export formats. As a result, group finance teams often receive a mixture of files that require manual preparation before consolidation can begin.
This extra work increases close cycle times and introduces unnecessary risk.
Common Trial Balance Formats Received from Subsidiaries
One of the challenges discussed in the webinar is the variety of file structures that finance teams receive each month.
Monthly Trial Balance with 12 Worksheets
Many accounting systems generate a workbook containing separate tabs for each month.
Cumulative Trial Balance with 12 Months in a Single Worksheet
Some systems provide year-to-date balances across multiple columns in one worksheet.
Multi-Period Trial Balance
A single file may contain several reporting periods, reducing the need for separate uploads.
Single YTD Trial Balance
Some entities submit only cumulative balances as of the reporting date.
General Ledger Transaction Files
Transaction-level exports can be used when additional detail and validation are required.
Profit & Loss and Balance Sheet Workbooks
Some subsidiaries provide financial statements instead of formal trial balance exports.
The Goal: Spend Less Time Fixing Spreadsheets
Finance teams should be focused on validating results, investigating variances, and completing consolidation—not rebuilding Excel files.
By supporting multiple source formats, BrizoConsol helps reduce manual preparation work and allows teams to move more quickly from data collection to financial review.