Acquisitions and growing groups
Shared reporting as your group grows
An acquisition brings more entities, different charts of accounts and new reporting needs. Sumledger brings data from supported accounting systems into one control layer, helping finance follow performance across the group.
Group report
LiveA concrete situation
The group has acquired a company using a different accounting system. The CFO needs its numbers in the next monthly report while local bookkeeping continues as before.
A practical workflow
Confirm the data foundation
Review the new entityâs accounting system, available history and data access. Confirm integration support before setup.
Build a shared reporting structure
Agree on account mapping, periods and KPI definitions. Connect the new entityâs numbers to the groupâs reporting model.
Check the first report
Compare numbers with the source system, investigate differences and check intercompany entries before using the report.
See the detail behind the report
Company results side by side help you investigate each entityâs contribution. The image uses demo data, not evidence of a completed acquisition integration.
From company figures to group reporting
Sumledger supports group adjustments as part of consolidation. Combine company accounting figures with group adjustments and eliminations in group reporting. Agree on the chart of accounts, currencies, reporting periods and how intercompany entries are identified so that new entities become part of a comparable reporting foundation.
See the workflow in the context of your group
In 20 minutes, we review your entities, accounting systems and reporting needs. Bring an example of your current reporting pack if useful.