Multi-entity, multi-currency, multi-statutory — engineered into the engine.
Group hierarchies, ownership relationships, intercompany flows, multi-currency at the entry level, consolidation across entities — handled by the engine, not by a month-end project. The auditor sees the same group view the CFO does.
Entity hierarchy
Group, sub-group, legal entity, branch — modelled to reflect the operational and ownership reality, not flattened into a chart-of-accounts trick.
Intercompany matched documents
Sale and purchase auto-matched between entities; elimination journals generated by configuration; year-end intercompany position visible in real time.
Multi-currency at the entry
Transactional, functional and group currencies maintained per entry. Revaluation methods (closing, average, historical) per regime.
Consolidation as a query
Group P&L and balance sheet derivable from the entity ledgers at any moment. Period close consolidates, but real-time visibility is always available.
The four surfaces of Axional EC
Legal-entity structures
Group hierarchies, ownership relationships, branch and division structures, statutory and management views in parallel.
Intercompany flows
Matched documents between entities, automatic posting, elimination by configuration, transfer-pricing audit.
Multi-currency
Transactional, functional and group currencies; revaluation methods per regime; FX exposure tracking.
Consolidation
Cross-entity consolidation; statutory and management views side-by-side; multi-tier structures with participation percentages.
Why multi-tier consolidation matters at media and industrial groups
Standard consolidation engines assume parent → subsidiary trees: one parent owns 100% of one or more direct subsidiaries. The reality at media groups, industrial holdings and family-owned conglomerates is multi-tier: parent → subsidiaries → joint-venture entities → minority participated companies, each with its own legal-entity reality.
Axional consolidates across multiple tiers by construction. Participation percentages traverse the hierarchy; minority interests roll up correctly; intercompany positions eliminate at the right level. The group view a CFO sees is the same view the auditor reviews — derived from one set of entity ledgers, not from a separate consolidation system.