How Our Clients Benefit
Entrilia’s Consolidation feature empowers organizations with advanced multi-entity financial management, perfect for complex, global operations.
With automated intercompany eliminations, accurate minority interest calculations, and robust multi-currency support with real-time translations, Entrilia ensures precise, compliant reporting. Customizable, real-time reporting tools provide deep insights enhancing transparency and operational efficiency.
This comprehensive functionality simplifies the consolidation process, reduces manual effort, and delivers reliable, consolidated financials for optimal performance.
Multi-Entity Consolidation
Efficiently consolidate financial data across multiple entities, accommodating varying accounting practices and currencies. Entrilia’s system manages complex ownership structures and supports both horizontal and vertical consolidations, providing a comprehensive, real-time view of financial performance across the entire fund structure
Automated Intercompany Eliminations
Streamline consolidation with automated elimination of intercompany loans, AP/AR balances, and equity/investment entries across complex fund structures. Entrilia’s automation minimizes manual effort and reduces errors, ensuring consolidated financial statements accurately represent the fund’s true financial performance
Minority Interest Allocation
Accurately reflect minority interests in consolidated statements, separating income, expenses, and equity for non-controlling shareholders in each subsidiary. Entrilia automatically calculates and adjusts minority interests, providing transparency in reporting for all stakeholders.
Multi-Currency Support
Entrilia automatically handles currency translations using predefined exchange rates, ensuring accurate consolidation and reporting, particularly valuable for organizations with international operations.
Integrate Multiple Charts of Accounts Into a Single Consolidated Company
Financial close software automates the data load and validation process, eliminates and adjusts data, and refines complex corporate structures to stay ahead of change.
Frequently Asked Questions
Can Entrilia handle consolidations for organizations with complex ownership structures?
Yes, Entrilia is designed to manage consolidations for organizations with intricate ownership arrangements, including multiple subsidiaries and sub-groups.
How does Entrilia manage currency translations during consolidation?
Entrilia automatically translates financial data from different currencies using predefined exchange rates, ensuring accurate and consistent consolidated reporting.
Does Entrilia automate the elimination of intercompany transactions?
Yes, Entrilia automates the elimination of intercompany transactions and balances, streamlining the consolidation process and reducing the potential for errors.
How does Entrilia handle minority interests in consolidated statements?
Entrilia calculates and allocates minority interests accurately, ensuring that income, expenses, and equity are separated for non-controlling shareholders, providing clear, compliant reporting.
Can I customize consolidated financial reports in Entrilia?
Absolutely. Entrilia offers flexible reporting structures, allowing you to create customized financial reports that meet your organization's specific needs.
How does real-time data integration benefit the consolidation process?
Real-time data integration ensures that all consolidated reports are based on the most current information, enhancing transparency and enabling timely decision-making.
How Does Entrilia
Simplify Complex Fund Accounting?
Designed with precision and scalability in mind, Entrilia offers a robust yet user-friendly solution for managing complex accounting needs. With Entrilia, you can effortlessly streamline financial operations across multiple ledgers, ensuring accuracy, transparency, and real-time insights.
Tailored to the unique demands of fund management, Entrilia empowers you to handle everything from granular transaction tracking to seamless reconciliation with ease.
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