Multi-Entity Consolidation Wizard
Consolidate faster with systematic mapping and intercompany controls
A consolidation workflow that standardizes chart-of-accounts mapping, intercompany matching, and elimination entry generation. Produces a consolidated trial balance and reporting package without the usual spreadsheet stitching and intercompany fire drills.
INGREDIENTS
PROMPT
Create a skill called "Multi-Entity Consolidation Wizard". It should: - Import trial balances from multiple entities - Map each entity's COA to a group COA - Apply FX translation where needed - Match and reconcile intercompany balances - Generate elimination journal entries - Output a consolidation pack with consolidated TB, eliminations, and IC variance list Ask me for: - Entity list, currency policy, and COA mapping approach - Intercompany transaction types to include - Output format for the final consolidation pack
How It Works
Multi-entity consolidation often becomes manual exports plus spreadsheet stitching and intercompany fire drills.
This recipe creates a repeatable process for mapping, matching, eliminations, and final packaging.
What You Get
- Consolidated trial balance and reporting package
- Intercompany reconciliation report with variances
- Elimination journal entries and supporting schedules
Setup Steps
- Define entities, currencies, and group chart-of-accounts mapping
- Import trial balances from each entity
- Apply FX translation rules if needed
- Match intercompany balances and surface variances
- Generate eliminations and produce the consolidation pack
Tips
- Standardized COA mapping reduces recurring friction
- Start intercompany matching before final consolidation day
- Keep residual differences documented, not hidden