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Several entities, one set of numbers that ties out.

A holding company, a second operating entity, a property or IP company: each needs its own clean books, and the group needs a view that adds them up without counting the same money twice. Done by hand in a spreadsheet, it is slow and it is usually wrong somewhere.

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Where it usually goes wrong

One spreadsheet adds the entities up

It is rebuilt every month, nobody else can check it, and an error survives until somebody reruns it.

Intercompany charges counted twice

A management fee from parent to subsidiary inflates both revenue and cost at group level.

Entities close on different dates

The consolidated view is never a picture of one moment.

What we do about it

What an engagement includes depends on scope. These are the parts that come up most.

Clean books per entity

Each one closes on the same calendar, so the group view is of a single point in time.

Intercompany eliminated, not netted by hand

Charges and loans between entities are tagged and removed, and what was removed is shown.

A consolidated pack

One set of statements for the group, with the per-entity breakdown behind it, which is what makes a wrong number findable.

What we have written about it

Multi-Entity Accounting: A GuideRead it → Intercompany Accounting: A Practical GuideRead it → Handling Intercompany TransactionsRead it →

Frequently asked questions

How many entities is too many for this?

We have not found a ceiling that matters at this size. What drives the work is how much moves between the entities, not how many there are.

Do you handle different currencies?

Yes, where the group reports in one currency and an entity trades in another. It needs deciding up front which rate is used for what, and that goes in the engagement.

Can you consolidate entities that are not all clients?

We can, but the consolidated view is only as good as the weakest set of books in it, and we will tell you plainly where that is.

Other things we get called about

A month-end close that lands on a date Revenue recorded the way a diligence reader expects Ready before somebody asks to look Controls a small team can actually run See all →

Tell us what the situation is.

We will say plainly whether this is work we should be doing for you, and what it would cost.

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