Multi-currency & Multi-entity Accounting

Overview

What we deliver

We set up FX policies, intercompany flows, and entity charts so multi-currency books close on time and tie out.

We help finance teams operate clean books across multiple entities and currencies under US GAAP, IFRS, and UK FRS. Our work covers functional currency assessments, translation methods, and remeasurement of monetary balances at period close. We configure ERP currency tables, FX revaluation jobs, and CTA tracking so cumulative translation adjustments stay accurate. For groups filing with the SEC, HMRC, CRA, or ATO, we map local statutory differences and align reporting calendars. We document intercompany transfer pricing entries, FX hedge accounting basics, and netting arrangements. We also help with new entity setup, chart of accounts harmonization, and segment reporting so consolidation downstream is straightforward. Our deliverables include policy memos, close checklists, and reconciliation packs that auditors can follow. We train accountants on month-end FX procedures so the close process becomes repeatable and predictable.

Fit Check

Built for teams like yours

Who it's for

Multinational groups
Holding company structures
Private equity portfolios
Cross-border SaaS and services firms
Companies expanding into new geographies

Pain points we solve

Inconsistent functional currency assignments
FX revaluation errors at close
Entity charts that do not consolidate cleanly
Missing CTA and translation documentation
Different ERPs across entities

What's included

Capabilities

Everything we cover in this engagement.

Functional currency assessment
FX revaluation configuration
Translation and remeasurement journals
CTA tracking and rollforward
Entity chart and intercompany setup
Statutory mapping across GAAPs
Close calendar harmonization
Reconciliation templates for FX accounts

How we work

Our process

A clear, predictable path from kickoff to outcomes.

01

Map entities

Document legal entities, currencies, and reporting frameworks.

02

Set policy

Define functional currency, translation method, and CTA approach.

03

Configure ERP

Set up currency tables, rates, and revaluation jobs.

04

Run close

Execute revaluation, translation, and reconciliations.

05

Document and train

Hand over runbooks and train local accounting teams.

What you get

Deliverables & outcomes

What you get

Functional currency memo
FX revaluation procedure
Entity master file
CTA rollforward template
Close calendar by entity
Reconciliation pack for FX accounts

Outcomes you can expect

Accurate translation under US GAAP, IFRS, or UK FRS
Faster multi-entity close
Cleaner intercompany and FX balances
Audit-ready CTA documentation
Consistent reporting across the group

Timeline

4 to 8 weeks for setup, ongoing close support

Engagement

Monthly retainer, Project, Sprint

Tools we use

NetSuite OneWorld, Microsoft Dynamics 365, SAP, Oracle, FloQast

KPIs we track

Close cycle days, FX reconciliation variance, CTA accuracy, intercompany mismatch, statutory filing timeliness

Client stories

What clients say

"

Two weeks before our seed round we still did not have a defensible model. Their fractional CFO rebuilt our three-statement forecast, pressure-tested the assumptions, and walked me through every line before the partner meeting. We closed 1.4M on the terms we wanted. The investor specifically called out how clean the financials looked compared to the last five decks she had seen.

Hannah B.

"

We had been prototyping an AI quoting agent for nine months and could not get it past demo quality. They came in, scoped a real eval set, swapped our retrieval layer, and added guardrails for the edge cases that kept burning us. Went live in seven weeks. It now handles 41 percent of inbound quote requests without a human touching them.

Kyle A.

Proof