Nothing here is verified yet. Content is migrated or drafted and has not been reviewed by a practitioner. Assertions marked like this are unchecked.
FinAtlas
Taskunverified

Consolidation and intercompany elimination

Combine entity ledgers into group financials, eliminating intercompany balances and transactions and reconciling any mismatch.

must happen before

2

A hard sequencing dependency: the target cannot correctly start until the source is done. The note gives the reason.

  • Close flux and variance commentaryTaskunverified

    Flux commentary explains movements in the consolidated result, which does not exist until eliminations are booked.

  • Income tax provision (ASC 740)Taskunverified

    The provision is computed on consolidated pre-tax book income, which does not exist until eliminations are booked. This is why the provision is perennially the last thing in the close.

consumes

2

A canonical data object the task needs as input.

owned by

1

The business-partner org unit accountable for the task.

runs in

1

The end-to-end shared-services process the task sits inside.

serves

1

The verb-level intent the task exists to satisfy.

performed in

2

Software the task is actually carried out in.

Relationships pointing at this node.

depends on

2

A hard sequencing dependency: the target cannot correctly start until the source is done. The note gives the reason.

  • Balance sheet account reconciliationTaskunverified

    Entity-level balances must be proven before they are combined; consolidating unreconciled trial balances propagates the error into every reported segment.

  • FX translation and remeasurementTaskunverified

    Foreign entities must be translated into the reporting currency before their balances can be combined.

performed by

1

A job title someone actually holds does this work.

Unresolved from the source registry

not yet modelled

Free-text strings from the source spreadsheet that have not been resolved to a node. Preserved verbatim so nothing is silently dropped — these are backlog, not content.

Produces: Consolidation model · IC matrix