Building a Consolidated Budget Across Multiple Entities and Currencies
How do you create a single financial picture when the business has never had one?
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The Challenge
A Business That Had Never Been Consolidated
Multiple entities across different countries. Each with its own accounting system, its own P&L structure, and its own currency. No departments set up. No single picture of the whole business — ever.
The numbers were clean — the founder had always kept a close eye on the financials — but they had never been brought together into one view. Understanding the full scope meant recognising every layer of fragmentation.
Multiple Currencies
Each entity operated in a different currency with no unified FX treatment.
Multiple Accounting Systems
No shared platform or common data structure across entities.
Different P&L Structures
Each entity reported differently, making comparison impossible.
No Departmental Coding
Costs could not be tracked by function across the group.
What We Built
Five Months. One Financial Infrastructure.
Mapped out step by step in a proposal, the engagement delivered the financial infrastructure to bring everything together — from chart of accounts alignment through to the first ever consolidated group budget.
Each phase built on the last — creating a foundation that was both technically robust and designed to scale as the business grew.
The Four Pillars of the Build
Chart of Accounts Alignment
Agreed a single P&L structure that worked for every entity while respecting local reporting requirements. Consistency across the group without compromising compliance.
Departmental Coding
Costs tracked by function: cost of revenue, sales and marketing, R&D, and G&A. The structure investors and board members expect to see in a SaaS business.
Multi-Currency Consolidation
A consolidation model bringing everything into a single reporting currency with proper FX treatment for both balance sheet and P&L items.
Consolidated Group Budget
Revenue forecasts, cost planning, and headcount projections across all entities — all mapped to the new unified structure. The first of its kind for the group.
The Result
One View. The Whole Business.
What Changed
The founder could see the whole business in one place for the first time. Board reporting moved from fragmented entity-level numbers to a single consolidated view — with the ability to drill down into any entity, department, or cost category. The budget gave them a forward-looking plan to track against month by month.
Built to Scale
The structure was designed with growth in mind — ready to absorb new entities or expand into new markets without requiring a rebuild from scratch.
  • Entity-level drill-down — full visibility into any individual entity within the consolidated view.
  • Department-level visibility — costs tracked by function across the entire group.
  • Month-by-month tracking — a live plan to measure actuals against budget as the year progresses.
Who This Is For
Is This Relevant to Your Business?
This engagement is built for SaaS businesses with multiple legal entities, multiple currencies, or recent acquisitions that need to be brought into a single financial picture. Typically between £2M and £10M ARR and scaling internationally.
1
Board Meeting Preparation
Consolidated numbers are expected. Fragmented entity-level reporting no longer cuts it when investors are in the room.
2
New Investor Onboarding
Incoming investors need to see the full group picture — not a patchwork of separate entity reports.
3
Outgrown Spreadsheets
Managing separate spreadsheets for each entity is no longer sustainable. The business needs proper infrastructure.
The Businesses We Work With
Multiple Legal Entities
Operating across more than one jurisdiction, each with its own local accounting and reporting obligations.
Recent Acquisitions
A newly acquired entity that needs to be integrated into the group's financial reporting and planning structure.
Multiple Currencies
Revenue and costs denominated in different currencies, with no unified approach to FX treatment or consolidation.
Scaling Internationally
A SaaS business between £2M and £10M ARR expanding into new markets and needing the infrastructure to match.
Signs You Need a Consolidated View
Board Pack Due
Consolidated numbers are expected and you're still pulling together entity-level reports manually.
Spreadsheet Overload
Managing separate spreadsheets for each entity has become unsustainable and error-prone.
Investor Onboarding
New investors want to see the full group picture and your current reporting can't deliver it.
International Expansion
Adding a new entity or market and the existing structure can't absorb it cleanly.

If any of these sound familiar, the infrastructure to fix it is more achievable than it might seem — and the payoff in clarity and confidence is immediate.
What the Engagement Delivers
A structured, scalable financial infrastructure — not a one-off spreadsheet. Here is what the output looks like in practice.
Next Step
Ready to See the Whole Business in One Place?
If your business has outgrown entity-level reporting and you need a single consolidated view, let's talk about what that would look like for your specific setup. No generic frameworks — a solution built around your entities, your currencies, and your reporting requirements.
"The founder could see the whole business in one place for the first time."
Book an intro call and we'll map out exactly what the engagement would involve — the scope, the timeline, and the output you'd walk away with.