Businesses with multiple companies, branches or operating entities often need consistent accounting processes, intercompany reconciliation and group-level reporting. CorporateWalla can support multi-entity businesses with entity-wise bookkeeping, intercompany reconciliation, standardised chart-of-accounts mapping, month-end close, consolidation support and group management reporting based on the structure and accounting framework applicable to the group.
Multi-entity accounting coordinates accounting records across multiple legal entities or operating units and may support group-level reporting.
Depending on the structure, the process can include standardising account mappings, reconciling intercompany balances, eliminating qualifying intra-group transactions for consolidation and preparing consolidated reporting schedules.
Statutory consolidation requirements depend on the entities, applicable accounting framework and legal/regulatory requirements and should not be assumed from the existence of multiple entities alone.
Depending on scope:
Each entity's legal books remain separately maintained where required.
Where businesses use different accounting structures, reporting may map:
Mapping should preserve the meaning of the underlying accounts rather than forcing unrelated accounts into a common category.
Intercompany balances may include:
Differences should be investigated before consolidation adjustments are posted.
Where consolidation is required and appropriately scoped, support may include:
The final consolidated financial statements remain subject to the applicable accounting framework and professional review requirements.
A coordinated close can include:
| Stage | What happens |
|---|---|
| Entity close | Complete each entity's bookkeeping and reconciliations |
| Intercompany close | Compare balances between counterparties |
| Mapping review | Apply the agreed group chart-of-accounts mapping |
| Consolidation adjustments | Prepare agreed elimination or consolidation schedules |
| Group MIS | Prepare group-level management reporting |
A realistic close calendar should be agreed based on transaction volume, data availability and entity complexity. See month-end closing.
A typical process compares Entity A's ledger with Entity B's ledger. Potential differences include:
Intercompany differences should be resolved or appropriately documented before consolidation.
Possible reports include:
| Report | Purpose |
|---|---|
| Entity-wise P&L | Compare individual entities |
| Group P&L | Review group performance |
| Entity balance sheets | Review individual financial position |
| Consolidated balance summary | Review group position |
| Intercompany ageing | Monitor group balances |
| Cash-flow report | Review group cash movement |
| Budget vs Actual | Analyse group performance |
| Business-unit report | Compare operating segments where appropriate |
The reporting structure should be customised to the group's needs. See MIS reporting.
Businesses with common ownership may still require separate legal books and should not be treated as one entity merely because they share owners.
Branch or division reporting can be structured within an entity where the accounting system supports suitable cost centres or locations. Branches are not automatically separate legal entities.
Groups with foreign entities may require additional consideration of:
The applicable accounting treatment depends on the reporting framework and group structure. See multi-currency accounting and foreign subsidiary accounting.
These are not necessarily the same.
Combined management reporting may simply aggregate selected internal reports for decision-making.
Financial-statement consolidation follows the applicable accounting framework and may require specific consolidation adjustments, eliminations and disclosures.
An internal management aggregation is not the same as statutory consolidated financial statements.
Potential systems include:
Specific integrations, automated consolidations or API connections are confirmed technically before they are agreed as part of the scope.
Groups may face:
A consolidation difference does not automatically establish an accounting error and should be investigated against entity-level records.
Multi-entity accounting is scope-based / customised. Pricing may depend on:
Pick the speed and depth that matches your need. Same quality, same CA team — only the timeline changes.
Timeline: Quoted on number of entities and transaction volume
Timeline: Quoted on intercompany complexity and systems
Timeline: Quoted on consolidation needs, currencies and reporting
Every price above is a professional fee, excluding GST and government charges. 50% on delivery.
Multi-entity accounting is quoted on scope. The quote depends on the number of entities, transaction volume, number of currencies, intercompany complexity, accounting systems, consolidation requirements, reporting frequency, any historical cleanup and group MIS requirements.
Map legal entities, ownership, branches and reporting units.
Identify the systems and chart of accounts used by each entity.
Define reporting mappings and common management dimensions.
Complete entity-level reconciliations.
Match balances between related entities.
Prepare agreed consolidation and elimination schedules where applicable.
Prepare management reports and agreed financial schedules.
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Each entity's legal books remain separately maintained where required, with entity-level reconciliations and close.
Receivables, payables, management charges, loans and shared expenses matched between counterparties before consolidation.
A group chart-of-accounts mapping that preserves the meaning of the underlying accounts.
Entity-wise and group reports, with consolidation and elimination schedules where appropriately scoped.
Custom quote • Scope-based
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From ₹4,999 • Monthly
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From ₹2,499 • Monthly
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From ₹14,999 • Monthly
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From ₹7,999 • After assessment
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From ₹9,999 • Monthly
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From ₹49,999 • Minimum 6 months
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From ₹14,999 • Scope-based
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