Use case
Roll up every entity.
Keep every receipt.
Multi-entity roll-up and intercompany elimination on one canonical model: every entity’s figures carry their own reconciliation trail before they join the group number.
Works with what you file
- PDF filings
- Bank statements
- ERP exports
- ZATCA e-invoices
- Excel schedules
Why Rexfin
Why choose Rexfin for financial consolidation.
Watch the two-minute walkthrough below to see the consolidation process in Rexfin.
Al Sarh Logistics
24,110
Group, consolidated
SAR 94,500k
Eliminations resolved
One roll-up, every entity
Multi-entity consolidation and intercompany elimination run over one canonical model instead of entity-by-entity spreadsheets that drift apart from each other.
Eliminations that keep their trail
Each entity’s contributing figures carry their own extraction and reconciliation trail before they roll up: a consolidated number is only as good, and as traceable, as its source.
Snapshots that don’t move
A snapshot is taken per close, so a consolidated history stays stable even after entities, mappings, or ownership change later.
How it works
The consolidation process in Rexfin, from source to statement.
Actuals come in from each entity's own filings, bank statements, or ERP export, not a group-wide template everyone has to conform to first.
Every entity’s contributing figures are checked against their own source before they’re eligible to roll up: nothing joins the group number unverified.
Intercompany balances eliminate and ownership structures apply inside one canonical model, not a side workbook only one person understands.
Consolidated output renders in IFRS presentation shape, with every line still carrying its trail back to the entity it came from.
“We didn’t want a close that gets faster by trusting the roll-up less. We wanted eliminations and ownership changes that still show their work.”
The Rexfin team
How it comes together
How Rexfin powers your consolidation process
Within one modeling layer that adapts to entity and ownership changes, consolidated actuals stay linked to the operational plan they feed.
Entity structure · Al Sarh Group
Al Sarh Trading
Full consolidation
Al Sarh Logistics
Full consolidation
Al Sarh Free Zone SPV
Equity method
Export review
FY2025 board pack.xlsx
- 2 extractors agree
- Reconciles to printed total
- Identity checks pass
Intercompany eliminations
3/3 matched| IC receivable: Trading | (4,210) |
| IC payable: Logistics | 4,210 |
| IC receivable: Free Zone SPV | (1,140) |
| IC payable: Holdings | 1,140 |
| Net elimination | 0 |
All intercompany balances net to zero before the group figure rolls up.
Statutory pack · IFRS
Consolidated FY2025.pdf
Lineage intact · 3 entities traced
“The reconciliation trail isn’t a nice-to-have during audit season, it’s the reason a group number stops being a question mark.”
The Rexfin team
AI agents
Agents that keep pace with the close.
Rexfin ships two named agents, both grounded in the same reconciled model: nothing either of them says or builds skips the reconciliation checks the close already ran.
Describe the structure; the model builds it.
Say what changed (a new entity, a shifted ownership stake, a merger between two subsidiaries) and the Modeler agent edits the consolidation hierarchy inside your existing definitions, instead of a mapping rebuild from scratch.
- Entity mapping
- Ownership changes
- Governed definitions
Entity mapping · update
Ask the close a question; get an answer with its receipts.
The Analyst agent answers plain-language questions over the consolidated model and its cited actuals, explaining a variance or an elimination the way a reviewer would ask for it, always naming the entity-level figure it computed from.
- Variance narration
- Cited answers
- Consolidated Q&A
Group revenue by entity
Group revenue reconciles to 3 entity-level actuals cited
Key features
The consolidation checklist Rexfin already covers, entity by entity.
- Multi-entity, multi-currency roll-up on one canonical model
- Automatic matching and elimination of intercompany balances
- Ownership structures and changes in scope
- Entity-level citation and reconciliation trail carried into the group number
- Snapshots taken per close, stable even as structure changes later
- Statutory-ready, IFRS-aligned consolidated statements
Not a rating. A chain.
Every figure in a consolidated statement can show its own proof, entity by entity.
- 1 Filed
- 2 Extracted
- 3 Reconciled
- 4 Cited
- 5 Exported
Related use cases
The same reconciled model, more places to use it.
Three financial statements
Income statement, balance sheet, and cash flow modeled together, with identity checks enforced by the engine, not a manual tie-out.
See it in actionBudget planning & forecasting
Driver-based budgets and rolling forecasts built on actuals already reconciled to the ledger, not re-keyed from an export.
See it in actionFinance, end to end
One reconciled model serves close, board reporting, audit response, and financing: the same cited numbers, every cycle.
See it in actionFrequently asked
Questions from group finance teams.
How does consolidation stay tied to each entity’s own actuals?
Every entity’s contributing figures keep their own extraction and reconciliation trail before they roll up. A consolidated line always traces back to the entity-level source it was built from, not a re-keyed copy.
Are intercompany eliminations automatic?
Elimination logic runs inside the same canonical model every entity reports from, so intercompany balances net out consistently instead of living in a side workbook that drifts from the underlying ledgers.
Is the output ready for statutory reporting?
Consolidated output is built toward statutory-reporting-ready structure on an IFRS-aligned basis, with lineage intact through the roll-up so a reviewer can open any line back to its source.
What happens when an entity or ownership structure changes?
Snapshots are taken per close, so historical consolidated figures stay stable even after entities are added, removed, or ownership mappings change going forward.
Can the Analyst agent explain a consolidated variance?
Yes, the Analyst agent, introduced above, answers questions over the consolidated model and its cited actuals in plain language, always citing what it computed from rather than asserting a number it can’t trace.
Get started
Consolidate on a model you can walk yourself.
Book a demo and we'll roll up a sample group of entities live: eliminations, statutory structure, and lineage included.