Carry the approved effective ownership basis into translated, allocated group results.
Group Controller / Corporate CFO: Independently approve effective ownership and configured accounting methods. Preserve distinct reporting memberships and freeze the required entity population for each close revision.
Consolidation Manager: Calculate atomically from the frozen source set. The closing CTA is the reviewed balancing amount; period movement equals closing less prior published opening. Repeated runs do not add the closing amount again.
Group Controller / Corporate CFO: Independently approve top-side entries and reviewed allocation/movement workpapers. Apply both account and offset effects; require configured evidence for complex ownership, cash-flow and equity movements.
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.
What Financial Consolidation enforces at each step.
Start free, then use Proto to change fields, steps and approvals before your team goes live.