Entity and ownership management
Keep the reporting group, ownership changes and account mappings ready for the next close.
Financial Consolidation
Bring every entity into a close you can explain.
Financial consolidation software for subsidiary trial balances, currency translation, intercompany eliminations and reviewed group statements.
Approval conditions
Consolidation Manager: Accept or reject SubsidiaryTrialBalances
Submitted
- STB-65330 LE-5196 0 2 d
- STB-50317 LE-4447 0 3 d
- STB-46310 LE-1481 0 in 2 d
- STB-61561 LE-3482 0 8 d
- STB-70688 LE-5954 0 8 d
STB-65330
- LegalEntity
- LE-5196
- Period
- CP-1734
- AsOfDate
- 15 Sep
- TotalDebits
- 90
- TotalCredits
- 90
Approval waits for the consolidation manager.
Illustrative records derived from the system specification.
Built for groups with separate entity books
Group controllers and consolidation teams preparing multi-entity financial statements.
- Defined tables
- 30
- Operational views
- 16
- Defined roles
- 7
- Reports
- 8
Defined in the planned system specification.
What’s inside.
Financial consolidation software for subsidiary trial balances, currency translation, intercompany eliminations and reviewed group statements.
Trial balance collection
Collect complete subsidiary balances and resolve exceptions before group calculation.
Currency translation
Translate accepted balances using reviewed rates and explain the currency movement.
Intercompany reconciliation
Match both sides of intercompany activity and retain an explanation for every difference.
Group adjustments and reporting
Review group-only adjustments and build statements with a traceable financial basis.
Close publication and audit
Publish the reviewed close and give each reader the evidence they are allowed to see.
Bring every entity into a close you can explain
Approval conditions
Consolidation Manager: Accept or reject SubsidiaryTrialBalances
Submitted
- STB-65330 LE-5196 0 2 d
- STB-50317 LE-4447 0 3 d
- STB-46310 LE-1481 0 in 2 d
- STB-61561 LE-3482 0 8 d
- STB-70688 LE-5954 0 8 d
STB-65330
- LegalEntity
- LE-5196
- Period
- CP-1734
- AsOfDate
- 15 Sep
- TotalDebits
- 90
- TotalCredits
- 90
Approval waits for the consolidation manager.
Approval conditions
Visible to: Group Controller / Corporate CFO. Visibility does not establish approval authority.
Submitted
- OC-53074 LE-3682 94 5 d
- OC-34820 LE-2847 93 in 8 d
- OC-88775 LE-6736 81 12 d
- OC-58703 LE-7755 77 in 3 d
- OC-80852 LE-7677 77 in 4 d
OC-53074
- Parent
- LE-3682
- Subsidiary
- LE-8713
- EffectiveDate
- 12 Sep
- OwnershipPctBefore
- 94
- OwnershipPctAfter
- 97
Approval conditions.
Approval conditions
Visible to: Group Controller / Corporate CFO. Visibility does not establish approval authority.
Submitted
- TSA-82251 CP-1760 in 2 d
- TSA-60303 CP-6702 6 d
- TSA-61750 CP-8958 today
- TSA-20992 CP-9458 in 10 d
- TSA-59542 CP-4480 in 9 d
TSA-82251
- Period
- CP-1760
- ConsolidationAccount
- CCA-6605
- OffsetAccount
- CCA-1165
- AmountUSD
- 860
- RaisedBy
- EC
Approval conditions.
Submitted
- ELM-87153 LE-9290 0
- ELM-91610 LE-9500 0
- ELM-26296 LE-2788 0
- ELM-27896 LE-4443 0
- ELM-81633 LE-2791 0
ELM-87153
- EliminationType
- ICAR-AP
- FromEntity
- LE-9290
- ToEntity
- LE-2674
- TotalDebitUSD
- 940
- TotalCreditUSD
- 940
Elimination approval waits for the consolidation manager or group controller / corporate cfo.
Approval conditions
Visible to: Consolidation Manager. Visibility does not establish approval authority.
Submitted
- COA-13487 LE-8410 8 d
- COA-88295 LE-8363 in 9 d
- COA-52935 LE-2117 1 d
- COA-37618 LE-2836 10 d
- COA-16165 LE-3846 8 d
COA-13487
- LegalEntity
- LE-8410
- LocalAccountCode
- LAC-616
- ConsolidationAccount
- CCA-6253
- EffectiveFrom
- 09 Sep
- EffectiveTo
- 18 Sep
- PreparedBy
- JW
Approval conditions.
StatusOpenInReview
StatusMissingPendingReview
StatusGeneratedDistributedViewedArchived
StatusImportedValidatedSubmittedAccepted
StatusUnmatchedDisputedWithinTolerance
StatusOpenPendingTBsComputingReviewed
Complete
| Balance Number | Legal Entity | Consolidation Account | Local Amount | Rate Value |
|---|---|---|---|---|
| TB-62655 | LE-1763 | CCA-6293 | 250 | 750 |
| TB-96543 | LE-1695 | CCA-3900 | 480 | 480 |
| TB-75761 | LE-3694 | CCA-1610 | 430 | 420 |
| TB-37368 | LE-5818 | CCA-2996 | 450 | 830 |
| TB-27166 | LE-4443 | CCA-6921 | 80 | 270 |
| TB-15585 | LE-6461 | CCA-9047 | 670 | 750 |
Reviewed
| Statement Number | Period | Statement Type | Reporting Currency | Prepared By |
|---|---|---|---|---|
| CF-57674 | CP-2319 | IncomeStatement | RC-227 | VK |
| CF-33760 | CP-5533 | BalanceSheet | RC-737 | KU |
| CF-88266 | CP-9047 | CashFlowStatement | RC-566 | NZ |
| CF-49432 | CP-1783 | StatementOfEquity | RC-197 | PA |
| CF-73002 | CP-4884 | ManagementSummary | RC-186 | ZB |
| CF-83438 | CP-4089 | IncomeStatement | RC-336 | TR |
Published
| Statement Number | Period | Statement Type | Reporting Currency | Signed By |
|---|---|---|---|---|
| CF-93473 | CP-8708 | IncomeStatement | RC-616 | FV |
| CF-63651 | CP-6102 | BalanceSheet | RC-672 | BK |
| CF-77879 | CP-5988 | CashFlowStatement | RC-560 | WZ |
| CF-90869 | CP-5157 | StatementOfEquity | RC-679 | ZM |
| CF-45203 | CP-3847 | ManagementSummary | RC-721 | HS |
| CF-92794 | CP-5501 | IncomeStatement | RC-717 | KJ |
Complete
| Balance Number | Consolidation Account | Translated Subtotal USD | CTAAmount USD | Eliminations USD |
|---|---|---|---|---|
| CTB-59395 | CCA-6184 | 330 | 870 | 110 |
| CTB-41681 | CCA-8430 | 960 | 390 | 270 |
| CTB-45811 | CCA-5800 | 160 | 200 | 890 |
| CTB-86159 | CCA-5223 | 840 | 200 | 280 |
| CTB-65204 | CCA-9916 | 870 | 310 | 280 |
| CTB-52854 | CCA-1374 | 220 | 60 | 570 |
You
| Submission Number | Legal Entity | Period | Status | As Of Date |
|---|---|---|---|---|
| STB-78332 | LE-8997 | CP-4557 | Draft | 22 Sep |
| STB-19956 | LE-1580 | CP-6987 | Imported | 23 Sep |
| STB-46227 | LE-6256 | CP-6844 | Validated | 24 Sep |
| STB-65983 | LE-9659 | CP-5367 | Submitted | 18 Sep |
| STB-66754 | LE-6129 | CP-7666 | Accepted | 16 Sep |
| STB-79554 | LE-8613 | CP-4298 | Rejected | 17 Sep |
Keep the evidence behind every group number
Consolidated Trial Balancedrill-down
Explain each group balance through translated inputs, the reviewed closing CTA effect, retained elimination and reversal history, supported allocation entries and approved top-sides.
opens Consolidated Trial Balance →| Balance Number | Consolidation Account | Translated Subtotal USD | CTAAmount USD | Eliminations USD |
|---|---|---|---|---|
| CTB-59395 | CCA-6184 | 330 | 870 | 110 |
| CTB-41681 | CCA-8430 | 960 | 390 | 270 |
| CTB-45811 | CCA-5800 | 160 | 200 | 890 |
| CTB-86159 | CCA-5223 | 840 | 200 | 280 |
- Draft
- Complete
- Superseded
- ConsolidationAccount
- CCA-6184
- TranslatedSubtotalUSD
- 330
- EliminationsUSD
- 110
- NCIAllocationUSD
- 80
- TopSideAdjustmentsUSD
- 310
- ConsolidatedBalanceUSD
- 820
- BalanceNumber
- CTB-59395
ownerGroup Controller / Corporate CFO
Go from the big picture to the details behind it. Open any record to see its status, owner and history.
Illustrative records. Connections and approval states follow the authored specification.
From subsidiary balances to published statements
Bring every entity into a close you can explain.
Illustrative previews from the system specification.
-
01
Collect balances
Collect each required entity’s accepted trial balance with its original account and currency evidence.
The Consolidation Manager accepts the complete subsidiary submission.
Subsidiary balances to group calculation -
02
Translate currencies
Use reviewed rate inputs and retain a clear explanation of the closing translation adjustment.
Subsidiary balances to group calculation -
03
Resolve intercompany
Resolve differences between entities and review the balanced elimination entries.
An independent reviewer approves the elimination and its difference disposition.
Intercompany difference to elimination -
04
Review adjustments
Review group-only adjustments and the supporting allocation and movement workpapers.
The Group Controller approves the supported group adjustment.
Ownership change to group reporting -
05
Publish results
Sign the reconciled results and publish the protected financial pack for authorised readers.
The Group Controller signs the reviewed result and authorises publication.
Reviewed results to publicationStatement NumberPeriodStatement TypeReporting CurrencyBalance Sheet
Give the group result a clear review trail
Decision checkpoints where approval stays with your team.
Collect balances
The Consolidation Manager accepts the complete subsidiary submission.
Subsidiary balances to group calculationResolve intercompany
An independent reviewer approves the elimination and its difference disposition.
Intercompany difference to eliminationReview adjustments
The Group Controller approves the supported group adjustment.
Ownership change to group reportingPublish results
The Group Controller signs the reviewed result and authorises publication.
Reviewed results to publicationStatement NumberPeriodStatement TypeReporting Currency
Balance Sheet
Keep financial decisions and earlier closes protected
Human approval and system automation have different jobs.
Collect balances
The Consolidation Manager accepts the complete subsidiary submission.
Resolve intercompany
An independent reviewer approves the elimination and its difference disposition.
Review adjustments
The Group Controller approves the supported group adjustment.
Publish results
The Group Controller signs the reviewed result and authorises publication.
Intercompany matching
Non-controlling interests
A focused workspace for each close participant
Group Controller / Corporate CFO
Review all authorised group financial records.
PeriodStatusStart DateEnd Date
Pending TBs
Consolidation Manager
Manage ConsolidationPeriods and run preparation.
Consolidation Analyst
Prepare imported SubsidiaryTrialBalances and draft TrialBalanceLines.
Subsidiary Controller
Manage own LegalEntity draft SubsidiaryTrialBalances and TrialBalanceLines.
External Auditor
Read explicitly granted period and entity evidence until engagement expiry.
Executive Reader
Read published ConsolidatedFinancials, approved published Disclosures and their BoardPackExports.
Understand the consolidated result
Start with the question. Follow it to the records behind the answer.
Drill-down
Consolidated Trial Balance
Explain each group balance through translated inputs, the reviewed closing CTA effect, retained elimination and reversal history, supported allocation entries and approved top-sides.
View Consolidated Trial BalanceSource view · Illustrative records
Balance NumberConsolidation AccountTranslated Subtotal USDCTAAmount USD
Drill-down
Consolidated Income Statement
Compare reviewed period and cumulative group results with the approved parent and non-controlling allocation.
View Consolidated Trial BalanceSource view · Illustrative records
Balance NumberConsolidation AccountTranslated Subtotal USDCTAAmount USD
Drill-down
Consolidated Balance Sheet
Reconcile group assets, liabilities and equity at the selected published revision.
View Consolidated Trial BalanceSource view · Illustrative records
Balance NumberConsolidation AccountTranslated Subtotal USDCTAAmount USD
Drill-down
Consolidated Cash Flow Statement
Explain cash changes with reviewed operating, investing, financing, currency and non-cash movement evidence.
View Consolidated Trial BalanceSource view · Illustrative records
Balance NumberConsolidation AccountTranslated Subtotal USDCTAAmount USD
List report
Statement of Equity and CTA Roll-Forward
Tie opening equity and translation adjustment through supported movements to the closing balances.
View Consolidated Trial BalanceSource view · Illustrative records
Balance NumberConsolidation AccountTranslated Subtotal USDCTAAmount USD
List report
Intercompany Reconciliation Summary
Identify reciprocal balances, remaining differences and the reviewed elimination or exception disposition.
View Unmatched IC TransactionsSource view · Illustrative records
Reconciliation NumberFrom EntityTo EntityDifference
List report
Per-Entity Translation Detail
Trace each source layer through its frozen approved rule, rate and reporting-currency amount.
View Translation Run HealthSource view · Illustrative records
Balance NumberLegal EntityConsolidation AccountLocal Amount
List report
Top-Side Adjustment Register
Show adjustment and offset accounts, amounts, preparers, reviewers and retained evidence at the chosen period revision.
View Pending Top-Side ApprovalsSource view · Illustrative records
Adjustment NumberPeriodConsolidation AccountOffset Account
Configure your group close with Proto
Let your AI agent help with everyday work. Set its permissions during setup and keep approvals with your team.
- Close inputs
- Subsidiary ledgersin
- Period-close servicein and out
- FX sourcesin and out
- Ownership and workpapersin and out
- Published outputs
- Document storein and out
- Disclosure toolsin and out
- Emailin and out
- Reporting warehouseout
- Agents
- Your agentWorks within the permissions you assign
Your agent works within the permissions you assign.
List the work that needs attention. Keep the approval with the assigned reviewer.
Download agent Agent setup guide$ curl -fsSL https://www.erp.ai/skill.md
› open Financial Consolidation and list records waiting on collect balances
Group close · records listed with owner and age
› approve the first one at collect balances, as its approver
Approval requiredWaiting for the assigned reviewer
Your questions, answered.
How the system works, what you can configure and how to get started.
How do I get started?
Select Start now to create your account. Explore the system specification, or use Proto to configure it for your business.
Does this replace the subsidiary general ledgers?
No. Each subsidiary ledger remains responsible for its own books. Financial Consolidation accepts source trial balances and records translated balances, eliminations and adjustments in the group consolidation layer.
When is a subsidiary submission ready for group calculation?
The required entity needs one current Accepted trial-balance revision with balanced amounts, complete approved mappings and matching period and currency evidence. Imported or Submitted documents do not satisfy acceptance.
Can a subsidiary controller see another company’s books?
Subsidiary Controller access stays within the assigned entity. A shared intercompany dispute exposes the relevant authorised exception context, without opening unrelated sibling balances, attachments or exports.
What happens when an exchange rate is missing?
The required currency, rate type, date and historical basis remain visible as a missing input. Translation waits for a reviewed matching rate rather than using a silent default.
How are intercompany differences handled?
The team compares reciprocal source identities, investigates the difference and records an approved disposition. A tolerance does not permit an unbalanced elimination or invent a missing counterparty entry.
Can we handle acquisitions and minority interests?
The system preserves effective ownership and reviewed allocation methods. Simple common-equity allocations use the configured basis; acquisitions, control changes and more complex rights require approved specialist workpapers before their result enters the close.
Are closing trial balances enough to build a cash flow statement?
The statement also needs reviewed cash movements and non-cash, ownership and currency-effect explanations. Missing movement evidence keeps the statement in draft so the team can reconcile the cause of the change.
Does signing a statement make it available to the board?
Signing applies to the reviewed revision. The separate publication decision commits the immutable artifact set and financial lock before Executive Reader access or board-pack distribution is allowed.
How do we correct a published close?
The Group Controller authorises a reasoned restatement revision linked to the earlier publication. It repeats the required source, calculation and review work while preserving the original pack and its history.
Implementation
Configure one reconciled corporate close before extending the rollout.
Read the implementation plan- 01
Agree the reporting scope
Confirm entities, functional currencies, USD reporting, methods, source ledgers and reviewer authority.
Team and ERP.ai - 02
Reconcile reference data
Verify effective ownership, group accounts, local mappings and approved rate layers.
Team and ERP.ai - 03
Run a complete close
Accept each required entity, calculate translation, resolve intercompany differences and review supported adjustments and movements.
Team and ERP.ai - 04
Exercise failures and corrections
Test missing entities, unmapped accounts, duplicate imports, unknown integrations, self-approval, rate changes and a linked restatement.
Team and ERP.ai - 05
Review publication access
Verify signatures, financial locks, executive file access, auditor expiry and source-ledger permissions through both UI and API.
External Auditor
Pricing
The base account and ordinary manual work in ERP.AI's official interface are $0. Viewing, searching, creating, editing, approving, deleting and exporting records in that interface do not consume read or write credits. There is no per-user fee.
Machine work: external API-key requests, imports, workflows, agents and scheduled jobs. Successful external API-key reads and writes use the operation rates below. Starting a managed execution from the interface still starts that metered service.
Pricing and account rules| Machine work | Included per $1 of credit |
|---|---|
| List/filter or get record calls | 20,000 |
| Search or aggregate calls | 4,000 |
| CSV or PDF exports | 100 |
| Record writes | 4,000 |
| Imported or synced records | 200,000 |
| File upload in MB | 2,000 |
| Workflow runs | 2,000 |
| Code-node compute beyond included in CPU-sec | 12,000 |
| Agent executions | 2,000 |
| Scheduled jobs or webhook activations | 20,000 |
Read and write rates apply to successful external API-key requests. Ordinary manual work in the ERP.AI interface is $0.
prepaid creditsSmallest pack $5, purchased credits never expire.
Explore the complete system.
Follow the operating model from the process to the people, records and decisions behind it.
Industries
Multi-entity corporate groups
Corporate finance teams collecting results from separately maintained subsidiary ledgers.Groups with foreign subsidiaries
USD-reporting groups reconciling accepted balances from entities with other functional currencies.Acquisitive business groups
Group controllers adding businesses while preserving the evidence behind ownership and reporting changes.
Reference
Roles and permissions
Give each close participant the access and decisions their work requires.Consolidation reports
Explain the group result and the source evidence behind it.Data model
Follow accepted source balances through the selected calculation and published financial revision.Integrations
Connect subsidiary ledgers, reviewed rate inputs and published financial artifacts.Implementation
Configure one reconciled corporate close before extending the rollout.Use Proto with Financial Consolidation
Use Proto to configure the close and investigate its evidence within your authority.
