Consolidating Financial Statements in Farseer

In this webinar, Luka Burić (Consultant, Farseer) walks through the full process of consolidating financial statements for a group of three companies — live inside Farseer. No slides, just a real model built from scratch.

You’ll see how to import GL data, map accounts across entities, identify and eliminate intercompany transactions, and produce a consolidated P&L — all within a single connected model that updates automatically with every change.

What you’ll learn:

• Why financial consolidation in spreadsheets is fragile: from inflexible multi-sheet files and manual copy-pasting to the high risk of errors every time a trial balance changes
• How to import GL data from multiple entities into Farseer and automatically map it to a centralized group chart of accounts
• How to identify and eliminate intercompany transactions using formula-based rules that pull matching entries across entities — no manual matching required
• How consolidated statements update automatically when new data is imported or a new period is added — no need to rebuild or refresh the model
• How interactive dashboards let you slice consolidated results by year, version, month, or entity — including year-to-date consolidation and actual vs. plan comparisons in two clicks
• How drag-and-drop flexibility lets you restructure reports instantly: reorder P&L lines, add dimensions, or create new views without breaking any calculations

The session includes a full live walkthrough of the consolidation process in Farseer — from master data setup and GL import through intercompany elimination to a finished consolidated P&L dashboard with monthly slicing and variance analysis.

Who this is for: consolidation managers, CFOs, controllers, and finance teams responsible for group reporting across multiple legal entities.