intercompany eliminations
How to Prepare a Consolidation Adjustment Schedule
Patrick had been running the group consolidation for two years when the audit firm changed. The outgoing team had known…
Intercompany Eliminations: A Complete Guide for Group Consolidation
When a parent company sells goods to its subsidiary, both sides of that transaction end up in the accounting records.…
Why Excel Consolidation Breaks When Your Group Gets More Complex
Rachel had been running the group consolidation for three years without a serious incident. The workbook was hers: 47 tabs,…
Intercompany Reconciliation for Multi-Entity Groups: How to Match Balances and Close Faster
At almost every multi-entity group, the same conversation happens on day four or five of the month-end close. The consolidation…
Why Your Intercompany Balances Never Match (Even When Both Companies Agree)
Sarah is the group financial controller of a UK distribution holding company with four trading subsidiaries. It is 9:47 pm…
Financial Consolidation for E-commerce Groups: How Multi-Entity Online Retail Businesses Get Clean Group Accounts
A fast-growing online retailer typically starts life as a single entity. Then it expands into a second market, sets up…
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…
Financial Consolidation for Healthcare Groups: How Multi-Entity Medical Businesses Get Clean Group Accounts
The finance director of a mid-sized GP group had a problem she described as “reporting in four different languages.” Her…
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…
MYOB Consolidation Software for Accounting Firms: Delivering Group Accounts for Multi-Entity Clients
Most accounting firms with a MYOB client base have at least a handful of clients running multiple entities — a…