Konsolidator is a user-friendly financial consolidation and reporting add-on for small and medium businesses needing consolidated accounts monthly, quarterly, or annually.

The application simplifies the entire procedure by automating calculations and journal preparations. This ensures that you can trust the accuracy of your numbers at every stage of the consolidation process.

Konsolidator automates the consolidation of actual numbers, budgets, and forecasts, including:

• Intercompany eliminations
• Minority share calculation and eliminations
• Elimination of investment in subsidiaries
• Currency translations and automatic currency adjustments on Net income, equity, and fixed assets
• Cash Flow statements for subsidiaries, sub-group, and parent group.

You can trace changes in each figure, adjustment, and posting to ensure full transparency of your financial data across your group and documentation of transactions between subsidiaries and groups.

Through role-based access control, you can restrict access or assign responsibilities, such as intercompany elimination reconciliation, to subsidiaries. This approach facilitates quicker and more precise reporting.