Group controllers adding businesses while preserving the evidence behind ownership and reporting changes.
Group controllers adding businesses while preserving the evidence behind ownership and reporting changes.
Record acquisitions, divestitures and reorganisations as proposed changes with effective dates and supporting assessments. Approval establishes the applicable relationship and method. A percentage alone does not determine whether the entity belongs in full consolidation.
Use reviewed acquisition, investment/equity and allocation evidence. Different share rights or control changes cannot be represented by a universal minority-percentage formula. An unsupported treatment stays unresolved until the configured method is agreed.
Reconcile the acquired entity’s source identifiers, opening balances, currencies and local accounts. Preserve accepted submissions and approved mapping revisions. Import success alone does not prove that the source close or acquisition adjustment is correct.
Freeze ownership and movement evidence with each financial revision. Cash flow and equity reports include reviewed acquisition and non-cash movements. A later correction goes through a new reviewed calculation and, when needed, a linked restatement.
Source onboarding
Method-specific workpapers
Effective ownership · Reporting continuity
Same records, same gates. The configuration changes how the process runs for this team.
Visible to: Consolidation Manager. Visibility does not establish approval authority.
Approval conditions.
Visible to: Group Controller / Corporate CFO. Visibility does not establish approval authority.
Approval conditions.
Review all authorised group financial records.
Manage ConsolidationPeriods and run preparation.
Prepare imported SubsidiaryTrialBalances and draft TrialBalanceLines.
Manage own LegalEntity draft SubsidiaryTrialBalances and TrialBalanceLines.
Read explicitly granted period and entity evidence until engagement expiry.
Keep the reporting group, ownership changes and account mappings ready for the next close.
Review group-only adjustments and build statements with a traceable financial basis.
Match both sides of intercompany activity and retain an explanation for every difference.
Translate accepted balances using reviewed rates and explain the currency movement.
Collect complete subsidiary balances and resolve exceptions before group calculation.
Publish the reviewed close and give each reader the evidence they are allowed to see.
Explain cash changes with reviewed operating, investing, financing, currency and non-cash movement evidence.
Explain each group balance through translated inputs, the reviewed closing CTA effect, retained elimination and reversal history, supported allocation entries and approved top-sides.
Compare reviewed period and cumulative group results with the approved parent and non-controlling allocation.
Click Start now to create your ERP.AI account, then use Proto to configure Financial Consolidation for your group. Connect the authorised source ledgers, confirm the reporting population and methods, and reconcile a complete close with the review team.
Related questionNo. 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.
Related questionThe 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.
Related questionSubsidiary 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.
Related questionThe 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.
Related questionThe 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.
Related questionThe 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.
Related questionThe 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.
Related questionCorporate finance teams collecting results from separately maintained subsidiary ledgers.
USD-reporting groups reconciling accepted balances from entities with other functional currencies.
Group controllers adding businesses while preserving the evidence behind ownership and reporting changes.
