Your First Week with BrizoConsol
A complete walkthrough of everything you need to get your group set up, data connected, and your first consolidated report generated β all within your first week.
Welcome to BrizoConsol Academy
Group Consolidation Training for Accountants — start here to understand the course structure and what you’ll build step by step through Level 1.
9 videos — from your first login to exploring consolidated reports
Getting to Know the BrizoConsol Interface
A quick orientation to BrizoConsol's main navigation, workspace, and where to find each core function before you begin setup.
First Login & Connecting Your Accounting Software
Walk through your first login and connect your accounting software β Xero, QuickBooks, MYOB, or Zoho Books β via OAuth in under two minutes.
Convert to Consolidation & Setting Up Your Common Chart of Accounts
Learn how to switch a workspace to consolidation mode and define the Common Chart of Accounts that all entities will map to.
Building Your Group Hierarchy & Connecting Subsidiaries
Set up your holding company and subsidiaries, assign ownership percentages, and build the entity tree that drives all consolidation calculations.
Account Mapping with BrizoMapster
Use BrizoMapster's AI-assisted mapping to match each entity's accounts to the Common COA β review suggestions, confirm mappings, and reuse them every period.
Understanding Your Consolidated Dashboard
Tour the consolidated dashboard: group P&L summary, Balance Sheet, entity comparison, and how to drill from group figures down to individual entities.
Monitoring Group Health with Pulse
See how Pulse calculates financial health scores across cash flow, AR aging, and margins β at both entity and group level β and what each score means.
Exploring Your Consolidated Financial Reports
Navigate your consolidated P&L, Balance Sheet, and Cash Flow Statement, and learn how to export them for board packs or audit files.
15 videos across 6 modules — from automatic consolidation to month-end close
How Automatic Consolidation Works
Understand how BrizoConsol pulls entity data, applies COA mappings, and produces a consolidated trial balance automatically on each run.
The Common COA Explained
A deeper look at how the Common Chart of Accounts acts as the translation layer between each entity's accounts and the group consolidated financials.
Reading Behind Your Consolidated Numbers
Learn how to trace any consolidated line item back through the eliminations, adjustments, and entity figures that make it up.
Why Intercompany Transactions Must Be Eliminated
Explains the accounting principle behind intercompany elimination and why leaving IC transactions in overstates group revenue, assets, and liabilities.
Detecting Intercompany Balances with BrizoElim
See how BrizoElim scans your connected entities to identify intercompany loans, receivables, payables, and revenue balances ready for elimination.
Setting Up AutoElim Rules
Configure automatic elimination rules for recurring intercompany transactions so BrizoConsol eliminates them without manual input on every close.
When You Need a Manual Consolidation Journal
Covers the scenarios requiring a manual journal β fair value adjustments, IFRS 16 entries, goodwill, and transactions AutoElim cannot handle automatically.
Posting Consolidation Journals in BrizoConsol
Step-by-step walkthrough of posting a manual consolidation journal, reviewing the double entry, and confirming it flows through to the consolidated statements.
Multi-Currency & CTA Explained
Explains IAS 21 currency translation β closing rate for Balance Sheet, average rate for P&L, and how the Currency Translation Adjustment (CTA) is calculated.
Setting Up Entity Currency & Exchange Rates
Assign a functional currency to each entity and enter period-end exchange rates β BrizoConsol applies them automatically to every consolidation run.
Configuring CTA & Reviewing the Journals
Configure where the CTA posts in your Common COA and review the system-generated currency translation journals after each consolidation run.
Non-Controlling Interest Explained
Covers the IFRS 10 concept of NCI β what it is, when it arises, and how it affects your consolidated P&L, Balance Sheet, and equity section.
Configuring NCI in BrizoConsol
Set NCI ownership percentages for partially owned subsidiaries and let BrizoConsol calculate NCI share of profit and equity automatically each period.
The Month-End Close Sequence & Period Lock
Walk through the recommended month-end sequence β sync data, review eliminations, post journals, confirm balances, and lock the period to prevent changes.
Reviewing Your Close with BrizoConsol's Review Tools
Use BrizoConsol's built-in review tools to check for unexplained movements, unmatched IC balances, and variances before signing off on the close.
Setting up your first group structure
Create your holding entity, add subsidiaries, set ownership percentages, and build the hierarchy that drives all consolidation calculations.
Connecting Xero, QuickBooks, MYOB, or Zoho Books
Link each entity to its accounting system. Data pulls automatically each period β no manual exports required.
Uploading via Excel or CSV
For entities not on Xero or QuickBooks. Upload any trial balance format β AI classifies and maps the file structure automatically.
Mapping your chart of accounts with AI
Map each entity's accounts to the Common COA. AI suggests mappings based on account names and codes β review and confirm once, reuse every period.
Setting up intercompany eliminations
Configure automatic elimination rules for intercompany revenue, costs, loans, and dividends. Exceptions handled via manual journals.
Currency translation and CTA
IAS 21 translation runs automatically. Closing rate for the Balance Sheet, average rate for P&L, CTA posted to OCI β no manual calculations.
Non-controlling interest (NCI) setup
IFRS 10 compliant NCI β acquisition, subsequent periods, and disposal all calculated automatically from your ownership percentages.
Posting manual journals and adjustments
Post fair value adjustments, IFRS 16 entries, and management adjustments directly in BrizoConsol. All entries are traceable and auditable.
Running consolidated reports
Generate and export your Consolidated P&L, Balance Sheet, and Cash Flow Statement. Reports update in real time as underlying data changes.
Reading your Pulse health scores
Understand group financial health at a glance. Pulse calculates scores across cash flow, AR aging, margins, and more β per entity and group level.