Consolidations

Xero Tech Stack for Consolidated Groups

Xero Tech Stack for Consolidated Groups

Do you have a Xero tech stack for your consolidated group? Handling multiple Xero files for the group in itself is not for the faint-hearted and requires discipline, organisation and diligence. To keep on top of the administration of the interaction between companies...
Nailing Multi-Currency Reporting

Nailing Multi-Currency Reporting

We live in a global economy and it’s common for businesses to operate in multiple countries. We’re going to focus here on multi-currency reporting for multiple entities in a group and the many challenges that need to be resolved.     What is Multi-Currency...
The Best Way To Do Group Consolidation Reporting

The Best Way To Do Group Consolidation Reporting

Group consolidation reporting, also referred to a multi-company consolidation, can be a time-consuming task for any CFO (Chief Financial Officer). Often, it involves a plethora of spreadsheets with multiple interconnecting worksheets. The effort you need to keep this environment balanced and reconciled is agony for many. It can fall over just by overriding one formula. And, sometimes, you may not even notice the error until months down the track. The desired outcome is the need to see several business activities wrapped up into a combined financial statement. A view to give a snapshot across all companies and to track the overall performance.

Franchises Using Calxa

Franchises Using Calxa

Calxa provides a rich source of information for both franchisees and the franchisor. It makes it possible to easily consolidate franchises – either globally or for individual regions.   By generating KPIs for the entire group, franchisors can provide their...