MULTI-ENTITY
Holdco with seven LLCs: consolidations that actually consolidated.
An owner-operator with seven operating LLCs under one holdco had no consolidated view.
100%
US-based accountants
~5 days
Typical month-end close
1 team
Books, tax, and reporting in sync
The situation
Each LLC had its own books, its own chart of accounts, and its own bookkeeper. Intercompany loans were undocumented; the parent-level financials were a guess.
What we did
We standardized the chart of accounts, documented every intercompany flow, set up elimination entries, and produced parent-level financials with entity-level supporting workpapers retained for tax.
Outcome
In 45 days the holdco had its first true consolidated P&L, balance sheet, and cash flow. The owner used it to refinance two of the operating entities at favorable terms.
Engagement profile
- Industry: Diversified services holdco
- Annual revenue: ~$22M consolidated
- Engagement type: Outsourced finance
- Time to first clean close: 45 days
Ready to hand off the back office?
Tell us about your business in 15 minutes. We'll come back with a scope, a price, and a start date.
Book an intro call