Consolidation module
Consolidated financial statements under HGB (Konzernabschluss), assembled with AI
When a German parent controls one or more subsidiaries, it may have to prepare consolidated accounts — the Konzernabschluss — under §§ 290-315 HGB. That means combining the subsidiaries, eliminating what they owe each other, and consolidating the investment against equity. Our Konsolidierung module builds the whole thing from the locked individual statements of your group companies: our AI turns each subsidiary's bookkeeping into HGB figures, and a deterministic engine does the consolidation.
What consolidation involves
A group account presents the parent and its subsidiaries as if they were a single company.
- Aggregation (Summierung, § 300): the individual statements are added together line by line.
- Capital consolidation (§ 301): the parent's investment is netted against the subsidiary's equity, revaluing assets and liabilities and recognising goodwill or a bargain-purchase difference.
- Non-controlling interests (§ 307) are shown separately in group equity.
- Debt consolidation (§ 303): intra-group receivables and payables are eliminated.
- Intercompany profit and income/expense elimination (§§ 304, 305) remove profits and turnover that are internal to the group.
- Deferred taxes on consolidation (§ 306) and the equity method for associates (§§ 311, 312) complete the picture.
The AI turns subsidiaries into consolidatable statements
The hardest part of a group account is usually not the consolidation arithmetic — it is getting each subsidiary into clean, comparable HGB figures in the first place. That is where our AI works: it reads each company's trial balance or Saldenliste and maps the accounts onto the HGB taxonomy, so every member enters the group with statements built on the same structure.
The consolidation itself is then handled by a deterministic engine. It is pure and reproducible: run it twice on the same inputs and you get byte-identical results, and every journal it books asserts that the change to assets equals the change to equity and liabilities. That combination — AI for the reading and mapping, a rule-based engine for the numbers — keeps the group account auditable.
Everything a group account needs
Group balance sheet and P&L
The consolidated Bilanz and GuV are produced with a full consolidation worksheet (Konsolidierungstableau) showing each member column, the sum, the consolidation column and the group result, exportable to a spreadsheet.
Cash flow and equity statement
The mandatory cash flow statement and statement of changes in equity (§ 297) are generated with the indirect method, showing any unallocated movements transparently rather than hiding them.
Group notes and management report
The Konzernanhang (§§ 313, 314) and Konzernlagebericht (§ 315) are drafted as narrative sections, with clear markers only where a mandatory disclosure genuinely needs your input.
Group fixed-asset schedule
A consolidated Anlagenspiegel aggregates each member's schedule and layers in the consolidation effects, including goodwill and its amortisation under § 309.
First-time and partial-year situations handled
- First-time consolidation (§ 294): a subsidiary acquired during the group year is excluded from the prior-year column, with a comparability note in the notes.
- Deconsolidation: a subsidiary disposed of during the year leaves the current column but stays in the comparatives.
- Manual group journals let you post one-off consolidation entries with a live balance preview.
- Size-based exemptions (§ 293) and the small-group thresholds are checked at both balance sheet dates.
Scope and pricing
The module is a workspace-level product priced at 250 euros per month, sitting alongside the individual-accounts pipeline rather than inside it. It works from the parent entity plus its member entities, all held in the same workspace.
It is built for German groups of German companies. Foreign-currency translation and multi-tier chain consolidation are deliberately out of scope, which keeps the engine focused and its results dependable.
Frequently asked questions
When must a German group consolidate?
A parent that controls subsidiaries under § 290 HGB must prepare consolidated accounts unless the group stays under the size thresholds of § 293 on two consecutive balance sheet dates, or another exemption applies. Capital-market-oriented parents are never size-exempt.
Does the AI do the consolidation maths?
No — and that is deliberate. The AI reads and maps each subsidiary's bookkeeping into HGB statements, while a deterministic, rule-based engine performs the consolidation. The engine is reproducible and every journal is balance-checked, which is what an auditor wants to see.
What consolidation steps are covered?
Aggregation, capital consolidation with goodwill and non-controlling interests, goodwill amortisation, debt consolidation, intercompany profit and income/expense elimination, deferred taxes on consolidation, and the equity method for associates — the full §§ 300-312 sequence.
Are the group notes and cash flow statement included?
Yes. The consolidated cash flow statement and statement of changes in equity are mandatory under § 297 and are generated, as are the group notes (§§ 313, 314) and the group management report (§ 315).
What is out of scope?
Foreign-currency translation (§ 308a) and multi-tier chain consolidation are not covered — the module assumes German entities in euros with a direct group share. This is documented rather than silently skipped.