Latest blogs
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Consolidation vs Aggregation – What’s the Difference (and Why It Matters)
Consolidation and aggregation are not the same thing — and treating them as equivalent is one of the most consequential errors a multi-entity business can make in its financial reporting. Both produce a combined view of multiple entities. Only one of them reflects the group’s actual economic reality. The difference matters because the numbers that…
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The Role of a Common Chart of Accounts in Group Consolidation
Every entity in a group has its own chart of accounts — the list of accounts used to record transactions in its accounting software. These accounts reflect local accounting practices, local compliance requirements, and how each entity’s finance team thinks about its own business. Two subsidiaries in the same industry, owned by the same parent,…
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Stop Chasing Numbers: Automate Your Board Pack Reporting
The monthly board pack is one of the most time-consuming, high-stakes outputs the finance team produces — and for most multi-entity groups, the process of producing it hasn’t changed in years. Export from each entity’s accounting system. Paste into the consolidation model. Rebuild the charts. Format the PDF. Distribute. Receive a revision request. Repeat. The…
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Introducing Pulse (Beta): A New Way to Monitor Key Financial Metrics in BrizoConsol
Keeping a close eye on your company’s financial health shouldn’t require jumping between multiple reports and dashboards. That’s why we’re excited to introduce Pulse (Beta) — a new feature in BrizoConsol that brings your most critical financial indicators together in one clean, visual interface. Currently in beta, Pulse provides a concise yet powerful summary of…
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How Do I Run Consolidated Group Financial Statements in MYOB?
Short answer MYOB does not support consolidated group financial statements natively — whether you’re using MYOB AccountRight or MYOB Business. Each company file is a single entity; there’s no built-in way to combine multiple files into one consolidated P&L, balance sheet, or cash flow, or to eliminate intercompany transactions across them. To run group consolidated…