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Konsolidator - Financial Consolidation & Reporting

By Konsolidator - Financial Consolidation & Reporting
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Automate month-end close with Konsolidator to prevent errors and complete group consolidations in 7 minutes. Get a 2-month free trial at https://konsolidator.com/free-trial/
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Key functions
Reporting
Key industries
Agriculture
Health

Overview

Konsolidator is an easy-to-use financial consolidation add-on designed specifically for small and medium-sized businesses that need consolidated accounts monthly, quarterly, or annually.

The application simplifies the entire procedure by automating calculations and journal preparations. The automation ensures that you can place complete trust in 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 so you get full transparency of your financial data across your group and documentation of transactions between subsidiaries and groups.

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

Konsolidator - Financial Consolidation & Reporting
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Konsolidator - Financial Consolidation & Reporting + Xero

Konsolidator integrates with Xero with a single click and transfers the year-to-date account balances from your local Xero trial balance.

You get one single source of data and can streamline financial consolidation and reporting with the power of Xero inside of Konsolidator.

To begin, simply visit https://konsolidator.com/free-trial/ and initiate your free trial.

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Additional info

Shared data

Xero
Konsolidator - Financial Consolidation & Reporting
Linked Transactionsshared from Xero to Konsolidator - Financial Consolidation & Reporting

Functions

Reporting

Industries

AgricultureHealthProperty and realty

App details

By Konsolidator - Financial Consolidation & Reporting

Countries

Australia, Canada, Global, Hong Kong, Indonesia, Ireland, Malaysia, New Zealand, Philippines, Singapore, South Africa, United Kingdom, United States

Languages

Danish, English

Support

Setup walkthroughContact supportsupport@konsolidator.com

Contact

+45 78 72 47 80

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Get started with Konsolidator - Financial Consolidation & Reporting

Although Xero reviews each app in the Xero App Store, we can’t give any guarantees. It’s up to you to assess the performance, quality and suitability of any app before going ahead.