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Глоссарий

Financial consolidation

Автор: Сантьяго Вильоне

Формула

Consolidated = Σ each entity's statements (in group currency) − intercompany eliminations ± alignment adjustments

Financial consolidation is the process of combining the financial statements of several entities in the same group into a single P&L, balance sheet and cash flow, as if they were one company, eliminating transactions between them.

How it is calculated

Consolidated = Σ each entity's statements (translated to group currency) − intercompany eliminations ± alignment adjustments.

Example with numbers

Entity A sells 100 to external customers and 20 to entity B in the same group. B sells 80 externally. Summed revenue: 200. Consolidated revenue: 180, because the 20 between A and B is eliminated.

How Fibady does it

Each entity connects to its ERP; Fibady maps accounts to a group chart, applies per-entity FX, leaves intercompany accounts, or entries tagged as intercompany, out of the group total, and keeps every figure traceable to the original entry.

Похожие материалы

Частые вопросы

No. Adding up leaves sales, purchases and balances between group entities inside; consolidating removes them and aligns policies and currencies.

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