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.
Ownership change to group reporting
Carry the approved effective ownership basis into translated, allocated group results.
4 stages · 2 approvals
Roles and responsibilities
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Step 1Define reporting scope
Change NumberParentSubsidiaryEffective Date
-
Step 2Translate accepted inputs
Balance NumberLegal EntityConsolidation AccountLocal Amount
-
Step 3Review group adjustments
Adjustment NumberPeriodConsolidation AccountOffset Account
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Step 4Build 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
Define reporting scope
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.
Translate accepted inputs
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.
Approval required
Review group adjustments
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.
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
-
Define reporting scope
Group Controller / Corporate CFO signs · translate accepted inputs waits
LegalEntities, OwnershipStructure, OwnershipChanges, ConsolidationGroups, GroupMemberships -
Review group adjustments
Group Controller / Corporate CFO signs · build consolidated results waits
TopSideAdjustments, MinorityInterest, ConsolidationMovements - 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.
Retain the method behind the number
Ownership percentage, legal control and reporting-group membership serve different purposes. Effective relationship records retain the approved method and supporting workpaper. A division move may change management presentation while leaving the legal consolidation boundary unchanged.
Simple common-equity allocation uses its approved basis. Tiered holdings, acquisitions, changes of control and differing share rights need the configured specialist treatment. Do not infer a method transition from a percentage threshold alone. Preserve mid-period allocation evidence and reject overlapping effective intervals or a hierarchy cycle.
The selected run records the ownership and mapping versions used. A later acquisition update cannot rewrite a prior published close. It creates a future-period calculation or an authorised restatement, with old financial artifacts retained. The allocation effects and their offsets must reconcile rather than adding subsidiary equity for a second time.
Records and postings
| Stage | Records | Effect |
|---|---|---|
| 1 Define reporting scope | LegalEntitiesOwnershipStructureOwnershipChangesConsolidationGroupsGroupMemberships | Independently approve effective ownership and configured accounting methods. |
| 2 Translate accepted inputs | ConsolidationRunsTranslatedBalancesCumulativeTranslationAdjustment | Calculate atomically from the frozen source set. |
| 3 Review group adjustments | TopSideAdjustmentsMinorityInterestConsolidationMovements | Independently approve top-side entries and reviewed allocation/movement workpapers. |
| 4 Build consolidated results | ConsolidationRunsConsolidatedTrialBalanceConsolidatedFinancials | Build one result set from the same complete run. |
Process reports
All reportsConsolidated Cash Flow Statement
Explain cash changes with reviewed operating, investing, financing, currency and non-cash movement evidence.
Consolidated 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.
Statement of Equity and CTA Roll-Forward
Tie opening equity and translation adjustment through supported movements to the closing balances.
Per-Entity Translation Detail
Trace each source layer through its frozen approved rule, rate and reporting-currency amount.
Top-Side Adjustment Register
Show adjustment and offset accounts, amounts, preparers, reviewers and retained evidence at the chosen period revision.
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
› ownership change to group reporting · define reporting scope on LegalEntities, OwnershipStructure, OwnershipChanges, ConsolidationGroups, GroupMemberships
⏸ approval · waiting for the group controller / corporate cfo
# 3 more stages after approval: translate accepted inputs, review group adjustments, 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
Intercompany difference to elimination
Resolve reciprocal source differences before posting a balanced consolidation-layer elimination.
3 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