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.
Intercompany difference to elimination
Resolve reciprocal source differences before posting a balanced consolidation-layer elimination.
3 stages · 2 approvals
Roles and responsibilities
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Step 1Accept subsidiary balances
Submission NumberLegal EntityPeriodAs Of Date
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Step 2Resolve and eliminate intercompany
Elimination NumberElimination TypeFrom EntityTo EntityICRevenue Expense
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Step 3Build consolidated results
Balance NumberConsolidation AccountTranslated Subtotal USDCTAAmount USD
Process steps
Follow the process from start to finish. Select a step to see who acts and what changes.
Approval required
Accept subsidiary balances
Consolidation Manager: Independently accept a frozen submitted revision only after balance, source period, currency and mapping checks. Count distinct required entities with current Accepted submissions; Submitted and Imported do not satisfy readiness.
Approval required
Resolve and eliminate intercompany
Consolidation Manager: Match reciprocal source identities once, resolve differences explicitly and independently approve balanced elimination proposals. A manual proposal prepared by the manager requires Group Controller / Corporate CFO review. Posting affects the consolidation layer only.
Build consolidated results
Consolidation Manager: Build one result set from the same complete run. Include the closing translation adjustment, posted elimination history and its linked reversals, and approved balanced adjustment and allocation effects. Validate account totals, entity coverage and movement reconciliations before review.
Approvals and controls
2 approvals required in this process
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Accept subsidiary balances
Consolidation Manager signs · resolve and eliminate intercompany waits
SubsidiaryTrialBalances, TrialBalanceLines -
Resolve and eliminate intercompany
Consolidation Manager or Group Controller / Corporate CFO signs · build consolidated results waits
IntercompanyTransactions, ICReconciliation, ICDisputes, Eliminations, EliminationLines - Require independent decisions on the current prepared revision.
- Keep source identitiesCommand keys stable through retries.
- Preserve earlier accepted inputs and published outputs.
- Treat missing evidenceUnknown integration outcomes as unresolved.
Keep the source disagreement explainable
A reconciliation preserves each source side and the amount allocated to it. Reversing the from/to direction cannot make a second independent pair. Stable source identities protect against replay and overlapping matching workers. The original subsidiary postings remain unchanged by the group-layer elimination.
A difference inside tolerance still needs its configured disposition. If a corrective entry is required, create a separately balanced reviewed proposal. Never force unequal amounts into a journal by silently reducing one subsidiary’s balance. A missing counterpart remains missing until source evidence or an authorised correction establishes the result.
Posted eliminations retain their lines and reviewers. A changed source balance cannot edit that history; prepare a reversal and reviewed replacement within an authorised open financial revision. A material unresolved dispute prevents group publication even if other pairs have finished.
Records and postings
| Stage | Records | Effect |
|---|---|---|
| 1 Accept subsidiary balances | SubsidiaryTrialBalancesTrialBalanceLines | Independently accept a frozen submitted revision only after balance, source period, currency and mapping checks. |
| 2 Resolve and eliminate intercompany | IntercompanyTransactionsICReconciliationICDisputesEliminationsEliminationLines | Match reciprocal source identities once, resolve differences explicitly and independently approve balanced elimination proposals. |
| 3 Build consolidated results | ConsolidationRunsConsolidatedTrialBalanceConsolidatedFinancials | Build one result set from the same complete run. |
Process reports
All reportsConsolidated Income Statement
Compare reviewed period and cumulative group results with the approved parent and non-controlling allocation.
Consolidated Balance Sheet
Reconcile group assets, liabilities and equity at the selected published revision.
Consolidated Cash Flow Statement
Explain cash changes with reviewed operating, investing, financing, currency and non-cash movement evidence.
Statement of Equity and CTA Roll-Forward
Tie opening equity and translation adjustment through supported movements to the closing balances.
Intercompany Reconciliation Summary
Identify reciprocal balances, remaining differences and the reviewed elimination or exception disposition.
Run by an agent
Agent support
Proto cannot override entity scope, approve its own preparation, invent missing accounting evidence or publish on an unreviewed calculation. Financial decisions remain with the authorised people.
# Example after configuration
$ curl -fsSL https://www.erp.ai/skill.md | paste into your agent
› intercompany difference to elimination · accept subsidiary balances on SubsidiaryTrialBalances, TrialBalanceLines
⏸ approval · waiting for the consolidation manager
# 2 more stages after approval: resolve and eliminate intercompany, build consolidated results
Other processes
3 moreSubsidiary balances to group calculation
Bring accepted subsidiary balances and approved translation inputs into one complete group calculation.
6 stages · 3 approvals
Ownership change to group reporting
Carry the approved effective ownership basis into translated, allocated group results.
4 stages · 2 approvals
Reviewed results to publication
Turn the reviewed financial revision into a locked published pack and a controlled audit trail.
4 stages · 2 approvals