Multi-entity books and consolidation

Elements

The pieces this function usually contains in a large organisation:

• Entity chart of accounts
• Consolidated trial balance
• Elimination entries
• Reporting currency translation

Catalog items that already cover part of it

• Cross-outlet reports MULTI-0012
• Multi-currency ledger BK-0027

What is not described

consolidation across separate legal entities.

Classification

Status

Present partially

Fit

Element candidate

Suggested module

New module (suggested): Enterprise accounting

Suggested attributes

Pro; priority Optional; always offline. Starting points only.

Cluster

Finance, accounting and tax

Public excerpts

domain analysis

Archetypes and companies

Big-box, warehouse club and mass merchants; Supermarket and grocery chains; Lodging, management and franchising; Quick-service, coffee and franchised restaurants; Banks and credit unions; Staffing, facilities and outsourcing; Construction, engineering and homebuilders.

Example companies in these archetypes: Walmart, Costco, Target, Sam's Club, BJ's Wholesale Club, Meijer, Kroger, Albertsons, Publix, Ahold Delhaize USA, H-E-B, Whole Foods Market. These come from general knowledge unless a source code is shown on the archetype page; it is not a statement that each company runs every element, and it implies no relationship.

Closest industry pages

• General merchandise and big-box stores
• Grocery and supermarkets
• Hotels, hostels and lodging
• Quick-service and fast casual
• Cafes, coffee shops and bakeries
• Banking, credit unions and cooperative banks
• Payments, remittance and money services
• Securities, asset management and diversified financials
• Savings groups, cooperatives and microfinance
• Staffing, facilities and business outsourcing

Next: Intercompany sales, transfers and settlement.

Status is a hand review against catalog names and descriptions and can be wrong. See the method.