Consolidated financial reporting

A bird's eye view on your business

If your business consists of multiple entities, you need to be able to switch between a top-down perspective and a drill-down view. The Liquid platform has consolidation built into both the Reporting and Forecasting product versions - at no extra cost.

Request a demo arrow_forward

Real-time consolidated reports

Consolidated reports of multiple administrations, no extra set up required

Automatic IC eliminations

Use our smart elimination rules to eliminate intercompany-transactions in seconds

Consolidated multi-level financial forecasts

Easily build consolidated forecasts for your P&L, Cashflow and Balancesheet.

Consolidated financial reports

Consolidation mode

Quickly toggle from the single-company view into the consolidated report, where all your entities are grouped together.

In consolidation mode, you have full access to all the features of the Liquid platform, including visual dashboards and comprehensive forecasts.

Automatically eliminate intercompany transactions between your companies

To build a proper consolidated report, you need to exclude the intercompany transactions: financial traffic between your own companies. For example, the management fee that a holding entity might invoice to a subsidiary in your company group. Liquid makes it easier than ever to automatically eliminate these transactions

Elimination bookings and elimination rules

Consolidated management reporting used to be tedious due to the manual process of eliminations. Liquid simplifies this.

With elimination bookings, you can create a two-day elimination entry betwen two entities. And with our all-new elimination rules, you let Liquid automatically eliminate all intercompany transactions based on the criteria you set - fully autonomously.

Consolidated forecasting

The full featureset of Liquid Forecasting is compatible with the consolidation platform. This means that the forecasts you build per entity are automatically consolidated for company-wide, consolidated forecasting - including automatic eliminations.

Consolidation FAQ

For which product versions is consolidation available?

Consolidation is built into the entire Liquid platform. With Liquid Reporting, you can quickly consolidate your actuals across your business entities, and set up automatic eliminations if wanted. And for Liquid Forecasting users, the entire forecasting featureset is fully compatible with consolidation.

Are there any additional costs associated with using consolidation?

No. With Liquid, you only pay the license costs per entity. There are no additional costs for using the consolidation features.

Can I also use consolidation reports without eliminating?

Yes, you can. Eliminations are a neat way to clean up your consolidated reports, by eliminating the so-called intercompany relations. For experienced financials, this will be seen as a best practice and some external parties - like banks - may expect consolidated reports to include intercompany eliminations. However, it's not a requirement. Without setting up eliminations, you can still view a fully consolidated report including financial figures from all your business entities grouped together.