Consolidation & close
See the detail behind every group result.
Review entity readiness, group mappings, verified FX rates, intercompany differences, elimination journals, and final close controls for the same consolidation period.
Close readiness
Know what is blocking the group close before review starts.
Foresight checks entity close status, mapping coverage, verified rates, and recompute freshness before the consolidation period can advance.
Entities
Member close readiness
Track which entities and child consolidations are closed before group review starts.
Mappings
Group account coverage
Map local accounts to group accounts with effective dates, coverage checks, and duplicate mapping blockers.
Rates
Verified FX workbook
Maintain average and closing rates, save sources, verify rates, and queue recomputation when rates change.
Intercompany and eliminations
Turn intercompany noise into reviewable elimination journals.
Match intercompany balances, separate unresolved differences, review proposed eliminations, and post group-ledger journals from the same period snapshot.
Match
Intercompany schedules
Review AR/AP and revenue/expense relationships across entities before eliminations are posted.
Review
Differences and exceptions
Separate matchable eliminations from variances so finance can resolve blockers before posting.
Post
Elimination journals
Post approved elimination journals into the group ledger with source payload and snapshot links preserved.
Finalise with control
Post, lock, and finalise the consolidation period deliberately.
Period state, posting alignment, section locks, child consolidation status, and finalisation blockers stay visible until the close is complete.
Post
Group-ledger journals
Post translated balances, CTA movement, adjustments, and elimination journals against the current snapshot.
Lock
Section-level close controls
Lock rates, trial balance, eliminations, adjustments, and reports before final close.
Finalise
Protected close state
Finalise the period only after posting sections are locked and child close dependencies are aligned.
From consolidation period to close pack
A close pack finance can trust.
Consolidation outputs stay tied to the same period state, snapshot, postings, and audit trail.
Close blockers surface earlier
Open entities, missing rates, unmapped accounts, and elimination differences are visible before the close stalls.
One source for group outputs
Trial balance, balance sheet, income statement, CTA detail, and exports all trace back to the same snapshot.
Controls remain with the period
Posting, locks, finalisation, audit trail, and permissions stay attached to each consolidation period.
Consolidation and close
Move from entity close to finalised group results in one controlled workspace.
Use Foresight ERP to keep consolidation structure, FX rates, eliminations, journals, reporting, and final close controls aligned.