All Features
Entity-Level Reporting Feature

Multi-Entity Consolidation

Generate entity-level Financial Reports, Ledger Scrutiny, and Cost Center Reports using the available data from all companies grouped under one entity. WeAudit gives finance and audit teams one consolidated reporting workflow for the Indian financial year.

Financial Reports
Ledger Scrutiny
Cost Center Reports
Indian FY: 1 Apr–31 Mar

Review All Companies Under One Entity

When an entity includes multiple companies, preparing Financial Reports, Ledger Scrutiny, and Cost Center Reports can mean collecting separate outputs from every company and combining them in spreadsheets. That creates extra work and makes group-level review harder to complete consistently.

WeAudit provides these three reports at entity level, using the available data from all companies grouped under the selected entity, so teams can start their review from one place.

Common challenges include:

  • Collecting financial information from each company within an entity
  • Preparing a combined view of balances and results in separate spreadsheets
  • Switching between company reports to understand the entity-level position
  • Keeping Indian financial-year reporting consistent across companies
  • Preparing financial, ledger scrutiny, and cost-centre reports separately for every company
  • Exporting consolidated outputs for review, management discussion, and working papers

What Is Multi-Entity Consolidation?

Multi-Entity Consolidation in WeAudit is entity-level reporting for companies grouped under one entity. It provides consolidated Financial Reports, Ledger Scrutiny, and Cost Center Reports for the selected Indian financial year, from 1 April to 31 March.

The feature supports report preparation and review. Finance and audit professionals remain responsible for entity setup, data validation, applicable accounting treatment, and conclusions, including any treatment required for inter-company items.

How Entity-Level Reporting Works

A clear workflow for generating consolidated reports across all companies under one entity.

1

Set up the entity and its companies

Group the relevant companies under one entity in WeAudit so their available data can be reported at entity level.

2

Select the Indian financial year

Choose the available financial year for the entity-level report. WeAudit follows the Indian financial year from 1 April to 31 March.

3

Choose the entity-level report

Generate an entity-level Financial Report, Ledger Scrutiny report, or Cost Center Report using the companies grouped under the entity.

4

Review group report information

Review the consolidated report and use company-level context where further investigation is needed.

5

Download entity-level reports

Export the entity-level report to support management reporting, review, and documentation.

Key Features of Entity-Level Reporting

Entity Financial Reports

Generate a consolidated Financial Report using the companies grouped under the entity.

Entity Ledger Scrutiny

Run Ledger Scrutiny at entity level using the available data from the companies under the entity.

Entity Cost Center Reports

Generate Cost Center Reports at entity level for the companies grouped under the entity.

Multi-Company View

Bring available data from multiple companies into one entity-level reporting workflow.

Indian Financial-Year Reporting

Generate the available entity-level reports for the selected Indian financial year, from 1 April to 31 March.

Fixed FY Reporting

Generate reports for the defined financial year rather than a custom date range.

Financial Statement Review

Access entity-level Financial Report sections for balance-sheet and profit-and-loss review.

Report Downloads

Download entity-level Financial, Ledger Scrutiny, and Cost Center reports for further review and sharing.

Keep Group-Level Review Focused

An entity-level report gives teams a practical starting point for reviewing the financial information across all grouped companies.

Entity Financial Report

Review combined balance-sheet and profit-and-loss information for companies grouped under the entity.

Entity Ledger Scrutiny

Review ledger analysis at entity level across the available data for companies under the entity.

Entity Cost Center Report

Review Cost Center report information at entity level for the companies grouped under the entity.

Company Coverage

Confirm that the companies intended for the entity-level report are grouped under the selected entity.

Financial-Year Consistency

Use the fixed Indian financial year, from 1 April to 31 March, to keep entity-level reports focused and comparable.

Company-Level Follow-Up

Use an entity-level report to identify areas needing a more detailed review at individual-company level.

Benefits of Multi-Entity Consolidation

Three Entity-Level Reports

Generate Financial Reports, Ledger Scrutiny, and Cost Center Reports across grouped companies.

Less Spreadsheet Consolidation

Reduce repetitive manual collection and combination of company reports.

Fixed Indian Financial Year

Keep consolidated reporting aligned to the Indian financial year from 1 April to 31 March.

Clearer Group Review

Use entity-level reports as a starting point for group financial, ledger, and cost-centre discussions.

Faster Reporting Outputs

Generate and download the available entity-level reports instead of preparing every combined file manually.

Structured Documentation

Keep entity-level reports organised for management, audit, and finance-team review.

Manual vs Entity-Level Financial Reporting

Review areaManual processWith WeAudit
Report scope Separate company reports Entity-level Financial, Ledger, and Cost Center reports
Data collection Manual collection from each company One entity reporting workflow
Reporting period Separate annual company files One fixed Indian financial-year report
Report review Switch between company files Combined entity-level reporting workflow
Downloads Manually assembled outputs Entity-level report downloads

Built for Multi-Company Teams

Group Finance Teams

Prepare and review financial reports for multiple companies grouped under one entity.

CFO Offices

Use entity-level reports for group financial review and management discussion.

Chartered Accountants

Support multi-company client reporting with structured entity-level financial outputs.

Audit Firms

Review financial information for related companies in an entity-level reporting workflow.

Internal Auditors

Use consolidated entity reports to guide group-level review and company-level follow-up.

Business Owners

Gain a clearer view of the companies that sit under a shared entity.

Explore More Audit Automation Solutions

Expand your audit workflow with additional WeAudit solutions.

Got Questions?

FAQs

It is entity-level reporting that provides Financial Reports, Ledger Scrutiny, and Cost Center Reports using the available data from all companies grouped under one entity.

The report uses the companies grouped under the selected entity in WeAudit. Teams should confirm that the entity setup reflects the intended company coverage.

Multi-Entity Consolidation currently uses fixed Indian financial-year reporting, from 1 April to 31 March. Custom date-range, quarterly, and monthly reporting are not currently available.

Yes. WeAudit provides downloads for the available entity-level Financial, Ledger Scrutiny, and Cost Center Reports so teams can retain, share, and review the outputs.

This feature prepares entity-level reports using the companies under the entity. Any required accounting treatment, review, and conclusion for inter-company balances or transactions remains the responsibility of the relevant finance and audit professionals.

Yes. The reports can support group-level management review and engagement working papers, subject to the team's procedures for validating source data and conclusions.

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