Home You own 75% of a subsidiary but consolidate 100% of its financials – then your accountant creates something called “non controlling interest in consolidated financial statements” for the remaining 25%. This represents the equity and earnings...
Home You’re connecting Xero to Power BI and facing a critical decision: OData or SQL database? When implementing Power BI with Xero data – OData vs SQL Database architectures offer vastly different capabilities for report performance and multi-entity...
Home Employment Hero Payroll Manual Employment Hero Payroll exports consume hours every month while limiting your ability to analyse labour costs across multiple entities. You export CSVs, manipulate data in Excel, and manually build dashboards that are outdated the...
Home Xero Page 10 Running payroll across multiple Xero entities creates friction at every month-end. You’re exporting pay runs manually, reconciling payroll costs in Excel, and watching consolidation stretch beyond two weeks. Finance teams managing multi-entity...
Home Employment Hero Payroll You’re managing payroll for multiple entities through Employment Hero Payroll, posting to separate Xero organisations, and watching your finance team spend 10-15 hours monthly on manual consolidation. Every pay period, they export...
Home Author archive for: Kevin Wiegand You’re drowning in spreadsheets from multiple entities, spending weeks on month-end close, and your board wants unified reports yesterday. The word “consolidated” keeps appearing in your accounting software,...
Home Your subsidiaries report different numbers and your balance sheets do not reconcile across entities. Month-end close stretches past two weeks while the board waits for consolidated reports. If that sounds familiar, you are dealing with financial consolidation...
Home Getting confused between consolidated vs consolidating financial statements? You’re not alone. These terms sound similar but represent fundamentally different aspects of financial reporting. One is the finished product you present to investors; the other is...
Home Choosing between Power BI with Xero data – Direct query vs Import Mode determines whether your reports refresh in seconds or minutes. Import mode caches your Xero transactions locally for sub-second queries but requires scheduled refreshes up to 8 times...
Home Managing financial data across multiple companies in Xero? You’re likely spending days, maybe weeks, on manual consolidation every month. Multi-entity businesses waste countless hours downloading CSVs, reconciling in Excel, and praying the balance sheets...
