Group Financial Statement Consolidation

Prepare consolidated financial statements from a reviewed group reporting dataset. This application is designed to combine mapped entity balances, the selected scope and elimination entries while retaining checks that explain the combined result.

Best suited to

Groups preparing consolidated financial reporting working files.

What you can manage

• Collect company trial balances mapped to the group structure.
• Apply the reporting scope entered for the consolidation.
• Record elimination entries required by the selected accounting treatment.
• Review control totals across the combined data.
• Prepare consolidated statements from the reviewed balances and adjustments.

A practical workflow

Confirm the entity packages and reporting scope before combining the balances. Review eliminations and control totals, investigate inconsistencies and prepare the consolidated output for the appropriate accounting and reporting review.

Why this workflow matters

Group-level adjustments should be explainable separately from the local accounting records. Maintaining the scope, calculation inputs and supporting evidence gives reviewers a clearer basis for assessing the combined result. The final treatment depends on the group's adopted reporting framework and the facts of the entities involved.

Working with your records

Confirm the reporting date, entity scope and accounting basis before preparing group information. Review source packages and adjustments with the responsible entity owners, retaining the evidence for material decisions. The software organises the specified group accounting workflow; the appropriate consolidation and disclosure treatment still requires review under the framework adopted by the group.

Licence

12-month software licence purchased with a one-time payment. The purchase covers the stated licence term and does not create an automatically renewing subscription.