Consolida / Group consolidation
Intercompany and consolidation
Consolidated P&L and balance sheet. Intercompany eliminated.
Groups with a company per venue, a property company and a head office spend month-end chasing intercompany differences and rebuilding the consolidation spreadsheet. Consolida posts cross-charges on both sides at once, shows every balance in a live matrix and produces the consolidated accounts on demand.
| HOLD | PROP | VA | VB | VC | |
|---|---|---|---|---|---|
| HOLD | — | ✓ | ✓ | ✓ | 412.00 |
| PROP | ✓ | — | ✓ | ✓ | ✓ |
| VA | ✓ | ✓ | — | ✓ | ✓ |
| VB | ✓ | ✓ | ✓ | — | ✓ |
| VC | 412.00 | ✓ | ✓ | ✓ | — |
Sample data. Click a mismatch to see the transactions on each side.
What it does
Month-end without the intercompany hunt.
Cross-charges on both sides
Management charges, rent and recharges are raised once and post to both companies together, so the two sides always agree.
Live intercompany matrix
Every balance between every pair of companies on one screen, with differences flagged the day they appear.
Automatic eliminations
Intercompany sales, costs and balances are eliminated in the consolidation, with no manual journals to maintain.
Consolidated P&L and balance sheet
On demand, for any period, compared to last year and trailing 12 months, with drill-down to each company.
Board-ready reporting
GP, wages and notes alongside the numbers, exported to PDF or spreadsheet for the board pack.
Access by company
Each person sees only the companies they should. A full audit log records who changed what, and when.
How it works
Five steps, most of them automatic.
Map your group
Companies, venues, cost centres and how they charge each other.
Connect the ledgers
Trial balances flow in from your accounting software.
Set the rules
Your chart of accounts mapping and intercompany pairs.
Reconcile
Mismatches flagged and resolved as they happen.
Report
Consolidated accounts on day 3, not day 15.
Built around you
Built for how hospitality groups are structured.
Most finance apps assume one company. Hospitality groups run a limited company per venue, a property company, a holding company and a head office, with cross-charges between them all. Consolida is built around that.
- Unlimited companies, with no per-company fees.
- Sage 50 per company today; Xero, QuickBooks and others on request.
- Your chart of accounts and reporting format, not ours.
- Exports to spreadsheet and PDF whenever you need them.
| Today | With Consolida |
|---|---|
| Trial balances pasted from each company | Pulled in automatically |
| Intercompany differences found at month-end | Flagged the day they happen |
| Manual elimination journals | Eliminated automatically |
| One broken link, wrong group number | No formulas to break |
| Consolidation ready on day 15 | Ready on day 3 |
FAQ
Questions we get asked.
How many companies can we consolidate?
As many as you have. There are no per-company or per-user fees.
Does it replace our accounting software?
No. Each company keeps its own books in your accounting software. Consolida brings them together, handles intercompany and produces the group view.
Can it handle a property company and head office cross-charges?
Yes. Rent, management charges and recharges between any companies in the group are set up once and posted on both sides together.
Can we see the consolidated balance sheet, not just the P&L?
Yes. Consolida produces both, with intercompany balances eliminated, compared to last year and trailing 12 months.
How much does it cost?
Multi-company consolidation is included from the Group plan at £895 a month for 4 to 15 venues, plus a one-off setup fee.
Free health check
Get your month-end back.
Tell us how many companies you consolidate and how you do it today. We'll show you what it would look like in Consolida. No obligation.
Prefer email?
hello@consolida.co.ukMore from Consolida