What multi-entity consolidation is
Multi-entity consolidation combines the financial results of several legal entities into one set of accounts. It handles intercompany eliminations, so transactions between the entities do not double-count, and it relies on a shared chart of accounts.
For a group that runs several companies, consolidation gives one financial picture across the whole group rather than a separate set of books per entity.
Multi-entity consolidation in Cohiva
Cohiva Crunch consolidates finance across multiple entities in real time. Because Crunch sits on one data layer with the operational products, the consolidated view reflects activity as it happens rather than at month end.