| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
Discuss (mail)
|
| Lines of code | 1671 |
| Technical Name |
us_multi_entity_intercompany_eliminations |
| License | OPL-1 |
| Website | https://pokutsoft.com |
US Multi-Entity /
Intercompany AR/AP mirroring, US-GAAP elimination entries, consolidated rollup and ASC 810 minority interest for multi-entity groups
Intercompany AR/AP mirroring, US-GAAP elimination entries, consolidated rollup and ASC 810 minority interest for multi-entity groups
Key Features
Consolidation groups — define a group once with
Consolidation groups — define a group once with its reporting currency, identify the parent entity and add each member company with its ownership percentage and consolidation method (full, proportional or equity).
Ownership & control validation — ownership percentages are
Ownership & control validation — ownership percentages are validated, the parent is enforced, and the non-controlling interest percentage for every partially owned subsidiary is derived automatically.
Intercompany AR/AP mirroring — record an intercompany transa
Intercompany AR/AP mirroring — record an intercompany transaction once and the tool creates the mirror side (receivable on the seller, payable on the buyer) and matches the pair, flagging any amount that does not reconcile.
Elimination engine — one click turns matched intercompany
Elimination engine — one click turns matched intercompany transactions into balanced elimination entries for AR/AP, intercompany revenue and expense, intercompany loans and parent investment-in-subsidiary versus subsidiary equity.
US-GAAP consolidated rollup — aggregate every member trial
US-GAAP consolidated rollup — aggregate every member trial balance for a period, apply the eliminations and present combined, elimination and consolidated amounts account by account.
ASC 810 minority interest — non-controlling interest in
ASC 810 minority interest — non-controlling interest in both equity and net income is computed for each partially owned subsidiary and carried into the consolidated statements.
Trial balance import — paste or load each
Trial balance import — paste or load each entity's trial balance (CSV style) and the lines are classified into assets, liabilities, equity, income and expense with the correct debit/credit sign.
Balanced-entry enforcement — every elimination entry must ha
Balanced-entry enforcement — every elimination entry must have equal debits and credits before it can be confirmed, so the worksheet can never go out of balance.
Re-runnable consolidation — a consolidation run can be
Re-runnable consolidation — a consolidation run can be recomputed as members post more activity, and each run keeps a full audit trail with chatter and activities.
Roles, multi-company and reminders — user and manager
Roles, multi-company and reminders — user and manager roles, per-company record rules and a scheduled reminder for consolidation runs left uncomputed.
Why Choose This Module
Most small and mid-size US groups still consolidate by hand: they export each subsidiary's trial balance, paste them side by side, eyeball the intercompany receivables and payables, book manual "topside" eliminations and hope the non-controlling interest math ties out. This module turns that whole ritual into a repeatable, auditable workflow that anyone on the accounting team can run and re-run.
Specifications
- Compatible: Odoo 18.0 / 19.0
- License: OPL-1
- Languages: English
- Author: Pokutsoft
- Dependencies: base, mail
- Support: odoo@gencbaris.com
| Availability |
Odoo Online
Odoo.sh
On Premise
|
| Odoo Apps Dependencies |
Discuss (mail)
|
| Lines of code | 1671 |
| Technical Name |
us_multi_entity_intercompany_eliminations |
| License | OPL-1 |
| Website | https://pokutsoft.com |
Odoo Proprietary License v1.0 This software and associated files (the "Software") may only be used (executed, modified, executed after modifications) if you have purchased a valid license from the authors, typically via Odoo Apps, or if you have received a written agreement from the authors of the Software (see the COPYRIGHT file). You may develop Odoo modules that use the Software as a library (typically by depending on it, importing it and using its resources), but without copying any source code or material from the Software. You may distribute those modules under the license of your choice, provided that this license is compatible with the terms of the Odoo Proprietary License (For example: LGPL, MIT, or proprietary licenses similar to this one). It is forbidden to publish, distribute, sublicense, or sell copies of the Software or modified copies of the Software. The above copyright notice and this permission notice must be included in all copies or substantial portions of the Software. THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.
Please log in to comment on this module