BrizoSystem
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Intercompany Transactions Elimination: Step-by-Step Accounting Process
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In group accounting, one of the biggest challenges is ensuring that financial statements present an accurate and fair picture of the business as a whole. This means more than simply…
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Introducing Pulse: Your SME’s Real-Time Business Vital Signs
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in NewsPulse is BrizoSystem’s newest sidebar feature, designed specifically for small and medium enterprises. Rather than juggling multiple reports, Pulse delivers four core indicators—Key Metrics, Cashflow, Receivables, and Payables—in one dynamic…
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The Complete Guide to Intercompany Eliminations in Consolidation
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When companies grow into multiple entities, transactions between those entities become inevitable. But when it comes time to prepare consolidated financial statements, these intercompany balances can distort the true financial…
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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,…