intercompany
How to Find the Source of a Consolidation Difference
Lena had inherited the consolidation model when her predecessor left without a handover. She understood the structure of the model…
Intercompany Naming Conventions: How to Structure Account Codes, Labels, and Journal Descriptions Across Your Group
It was month three of a new group controller’s tenure when she sat down to do the first intercompany reconciliation…
Why Every Entity Needs Dedicated Intercompany Account Codes: The Group COA Design That Makes Eliminations Automatic
Tom is group financial controller at Nexum Group, a five-entity professional services group. Every month, after all five entities have…
How to Onboard a New Entity Into Your Group Consolidation: The Finance Controller’s Checklist
Sam is group financial controller at Heron Group. On 1 March, the group completed the acquisition of Heron Digital Ltd…
When Every Entity Hits Its KPI But the Consolidated Group Picture Is Wrong: Intercompany Distortions in Multi-Entity Reporting
Priya is the group finance director of Sterling Consumer Group, a five-entity consumer products business with a holding company and…
Why Your Month-End Close Keeps Slipping (And How to Get It Back Under Control)
It was day nine of what was supposed to be a five-day close. The group financial controller of a seven-entity…
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…