financial consolidation
How to Prepare for Audit with Consolidated Financials: A Finance Leader’s Guide
For a single-entity business, audit preparation is already a demanding process. For a multi-entity group, it is significantly more complex.…
10 Signs You’ve Outgrown Excel for Financial Consolidation
Nobody builds a consolidation model in Excel and thinks: this will break us eventually. They build it because it solves…
Financial Consolidation, Explained the Friendly Way
Financial consolidation has a reputation. Ask most accounting students or finance professionals about it and you will hear the same…
How to Consolidate Multiple Xero Companies Without Excel
If your group runs more than one Xero company, you already know what the month-end process looks like before any…
AI Auto-Map Explained: How BrizoConsol Automatically Maps Entity Accounts to Your Group Chart of Accounts
Before a multi-entity group can produce its first consolidated set of accounts, every entity in the group must have its…
Goodwill in Group Consolidation: How to Calculate and Account for It in Your Group Accounts
When a group’s holding company acquires a controlling interest in another business, a new figure tends to appear on the…
Virtual Groups in BrizoConsol: How Finance Teams Report by Division Without Restructuring Your Entities
When managing a multi-entity group, finance teams often discover that the legal structure of the organisation bears little resemblance to…
How to Use Journal Entries in Group Consolidation (With Examples)
It’s the last Friday of the month. Your Xero instance has the parent’s trial balance. QuickBooks has the US subsidiary’s…
MYOB Consolidation: Group Financials MYOB Can’t Produce
You are the CFO of a group with four operating entities, all running MYOB. The quarter is ending. The board…
Automated Intercompany Journals: Cut Manual Work at Group Close
Sarah is the group controller for a nine-entity professional services firm. On the last working day of each month, she…