Consolidation

One correct combined picture — from books that don't agree.

Multi-entity close and consolidation for groups of 15–50 entities. Trial balances in from wherever they live. Intercompany matched and eliminated, non-controlling interests attributed, the full statement package out — tied out line by line against a known-good reference.

Send one month of trial balances See how it works

US GAAP and IFRS as a configuration switch. Single currency today.

The problem

Your “consolidated” report is a roll-up.

Nothing eliminated. Intercompany still sitting in every line. Revenue counted twice where one entity sold to another. The combined number in the board deck is wrong — and everyone quietly knows it.

11 days to close, and intercompany still doesn't tie

2× counted revenue on every intragroup sale

0 of it defensible when the auditor asks

What it does

Trial balances in. A close you can defend out.

Load

Every entity's trial balance, from any system.

Match

Intercompany paired by counterparty, aged, variances surfaced.

Eliminate

Balances, sales, unrealized profit, deferred tax — each entry cited.

Attribute

Parent and non-controlling interests split correctly.

Tie out

Line by line against a known-good reference.

Hand over

Statement package on screen, plus the Excel workpaper your auditor wants.

loam's Eliminations tab: elimination entry E1 removing intercompany sales against cost of goods sold, each line balanced and citing ASC 810-10-45-1 — Every elimination entry balances, and carries its standard on the face. This journal goes to your auditor as-is.

Proof, not promise

We don't ask you to trust it. We tie it.

Every consolidated line, matched against a known-good reference and shown with its variance.

354 accounts tied on a real 25-subsidiary group

0 breaks — to the penny

Independently checked

loam's own answers are re-derived from the codification by an independent reviewer that never sees the code, the answer keys, or the expected result — only the raw trial balances and the standard. Deferred tax on intragroup profit, non-controlling interests, and unrealized profit in inventory and fixed assets, each re-derived from first principles, under both US GAAP and IFRS.

40independent recomputations

328consolidated figures re-derived and agreed

0arithmetic errors found in the engine

The doctrine

A statement that ties is not automatically right.

Two entities disagree by a thousand dollars. Most tools bury it in a plug and show you a clean close. loam refuses.

It shows the difference, names what it needs, and will not call the close reconciled until you make the call. Every assumption it cannot independently validate is disclosed on the face of the statement — never absorbed into a number.

loam's Tie-out tab: every consolidated line matched against a known-good reference and shown with its variance — The tie-out. Line by line, with the variance shown rather than absorbed.

Next step

Send one month of trial balances.

We'll run your real group and hand back a real consolidated close — intercompany matched, eliminations cited, tied out, with every open item named. You keep the workpaper either way.

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