Group close fails when entity books are clean but consolidation lives in Excel. Multi-currency ERP plus multi-organization should own translation and eliminations.
Pick a consolidation currency
The holding company chooses reporting currency. Entity balances translate using configured average or closing rates by account type.
Revaluation and audit
Unrealised balances revalue at period end with a full trail. Controllers see entity and group views in one platform.
Intercompany eliminations
Eliminations follow operational intercompany documents so due-to/due-from does not reinvent FX at close — see intercompany guide.
Who this is for
Holding companies with India plus Gulf, ASEAN, or EU entities that need GST-ready Indian operations and foreign VAT books on one calendar.