BrizoSystem
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Consolidation vs Aggregation – What’s the Difference (and Why It Matters)
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When it comes to financial reporting across multiple companies, the terms “consolidation” and “aggregation” are often used interchangeably—but they are not the same thing. Understanding the difference is essential for…
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The Role of a Common Chart of Accounts in Group Consolidation
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When managing a group of companies, especially across different countries or business lines, one of the most critical challenges in financial consolidation is chart of accounts (COA) inconsistency. Each subsidiary…
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Stop Chasing Numbers: Automate Your Board Pack Reporting
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in ReportingTime is money—and nowhere is that more obvious than in the finance department at month-end. If you’ve ever spent the last few days of the month copying and pasting figures…
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Introducing Pulse (Beta): A New Way to Monitor Key Financial Metrics in BrizoSystem
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in NewsKeeping 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…
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How Do I Run Consolidated Group Financial Statements in MYOB?
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Introduction: The Challenge of Consolidation for MYOB Users MYOB is a trusted accounting platform for thousands of businesses across Australia and New Zealand. It’s known for its local tax compliance,…
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How Do I Run Consolidated Group Financial Statements in QuickBooks?
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Introduction: The QuickBooks Challenge for Multi-Entity Companies QuickBooks is widely used by small to mid-sized businesses for its user-friendliness, affordability, and rich feature set. It helps companies manage bookkeeping, invoicing,…
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How Do I Run Consolidated Group Financial Statements in Xero?
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Introduction: Xero and Multi-Entity Reporting Xero is a powerful cloud-based accounting platform used by businesses worldwide. It’s widely appreciated for its simplicity, real-time access, and integrations. However, one common challenge…
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Say Goodbye to Manual Report Compilation with BrizoSystem’s Insight Package
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in ReportingIf you’re still manually compiling financial reports and dashboards for monthly meetings, board packs, or investor updates, you know how time-consuming and stressful it can be. From gathering data to…
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Managing Multi-Currency Entities: Challenges and Best Practices
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As businesses expand globally, managing multi-currency entities becomes a critical part of financial operations. However, this process is fraught with challenges, ranging from complex exchange rate management to compliance with…