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Accounting Software | Multi-Entity Consolidation

Six entities, one consolidated view. India + UAE + Singapore on one ledger.

Multi-entity, multi-country, multi-currency consolidation is native. Intercompany eliminations run inline. FX translation at closing rate, average rate or historical rate. Minority interest computed per entity. Schedule III group view in one click.

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Multi Entity Consolidation

How it works

From entity ledgers to a group consolidated view.

Step 01

Entity ledgers post in their currency

Each entity posts in its functional currency. INR for Indian entities, AED for UAE, SGD for Singapore. The local books stay in the local GAAP.

Step 02

Intercompany matched at posting

Intercompany transactions (sales, services, expense reimbursements, loans) auto-match across entities at posting. Mismatches surface on a dashboard for resolution.

Step 03

FX translated at consolidation

Closing rate for balance sheet items, average rate for P&L items, historical rate for equity. Translation adjustments post to OCI per Ind-AS / IFRS.

Step 04

Eliminations + minority interest

Intercompany sales, services, balances and dividends eliminated. Minority interest computed per entity ownership %. Group consolidated view emerges.

What the system does

Capability, input, output.

  • Entity hierarchy

    Input
    Parent → subsidiary → step-down ownership
    Output
    Group structure with ownership %

  • Intercompany matching

    Input
    Cross-entity postings
    Output
    Match status with mismatch dashboard

  • FX translation

    Input
    Closing / average / historical rates
    Output
    Translated balance sheet + P&L

  • Eliminations

    Input
    Intercompany matched set
    Output
    Eliminated group consolidated view

  • Minority interest

    Input
    Ownership % per entity
    Output
    MI computed per entity at consolidation

  • Segment reporting

    Input
    Segment dimensions on JEs
    Output
    Schedule III segment notes

Compliance + integrations

Group consolidation that auditors trust.

Eliminations are tracked, not magic. FX translation methods are explicit per category. Minority interest is computed and reconciled per entity. The audit trail covers every elimination and every translation.

Regulations we work within

  • Ind-AS 110 (Consolidation)

    Control assessment + consolidation procedures aligned.

  • Ind-AS 21 (FX)

    Closing, average and historical rates applied per category.

  • AS-21 (for non-Ind-AS entities)

    Consolidation procedures aligned with AS-21.

  • Companies Act, Section 129

    Consolidated financial statements as required for groups.

Connects to

  • RBI Reference Rates INR / FX rate source
  • Custom rate sources Per-currency rate provider

Multi-Entity Consolidation FAQ

What buyers ask.

Our group is India + UAE + Singapore. Can the system consolidate?

Yes. Multi-country and multi-currency consolidation is native. Each entity posts in its functional currency on its local GAAP. The group view consolidates with FX translation, intercompany elimination and minority interest in one click.

How are foreign-subsidiary differences handled?

Foreign subs on local GAAP (e.g., UAE subsidiary on IFRS) translate to the group GAAP at consolidation. The translation adjustments post to OCI. Per-GAAP statements are still available at entity level.

Minority interest computation?

MI is computed per entity ownership %, including step-down ownership chains. The MI line surfaces on the group P&L and balance sheet per Schedule III / Ind-AS.

Segment reporting?

Yes. Segment dimensions captured at JE level (cost-centre, project, business unit) roll up to segment notes per Schedule III. Both reportable segments and operating segments are supported.

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See your group consolidation in 30 minutes.

Bring your entity master. Connect last quarter's ledgers. The group consolidated view, with eliminations and FX, generates on screen.

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