Taking first consolidation projects
Several companies. One clear picture.
If you run more than one entity — an operating company and a property company, a US business with a subsidiary abroad — Charlie brings the books together into one set of statements that ties back to each entity, line by line.
What consolidation gives you
Consolidated P&L, balance sheet and cash flow
The group as one business, with each entity's column alongside so you can see who contributed what.
Intercompany eliminated
Management fees, rent between entities and intercompany loans removed, so the group isn't selling to itself.
Multiple currencies, translated properly
Each entity reported in its own currency, then translated into the group currency, with the translation effect shown separately.
Every number traceable
Each consolidated line ties to the entity ledgers. Anything that doesn't tie is flagged, not plugged.
How it gets built
- 01
Each entity's books in
General ledger and trial balance for every company, in whatever system it lives.
- 02
One chart, agreed once
Each entity's accounts mapped to a shared reporting structure, with the decisions written down.
- 03
Eliminations and currency
Intercompany balances matched and removed; foreign entities translated at the rates you agree.
- 04
Monthly, repeatable
The same rules run each close, so the consolidation gets faster and stays consistent.
Why it holds up
Mismatches surfaced early
When one entity booked the intercompany charge and the other didn't, you hear about it instead of finding it at year end.
Built for lenders and buyers
Group results that a bank or acquirer can follow from the consolidated line back to the source entity.
Currency handled transparently
Rates, method and translation differences are shown and documented, not hidden inside equity.
The logic stays with you
Mapping and elimination rules are kept in your company's Charlie, so next year's close starts where this one ended.
What it takes to start
- — General ledger and month-end trial balance for each entity
- — A list of how the entities do business with each other
- — For foreign entities: the reporting currency and the rates you use today
Where this stands
Consolidation is offered today as a project, scoped on a first conversation. The multi-entity and multi-currency rules are being built into the platform with our first consolidation clients, and every rate and elimination is reviewed by a person before results are shared.
Tell Charlie how your companies fit together.
Which entities, which currencies, and who needs to see the group numbers. A few minutes, typed or spoken, then pick a time to meet.