Multi-Company Consolidati
Consolidate P&L and Balance Sheet across companies with eliminations and FX translation
Group consolidation in Odoo is an Enterprise-only feature, leaving Community SME groups to rebuild consolidated accounts in spreadsheets every period — error-prone, slow and hard to audit. This module produces consolidated Profit & Loss and Balance Sheet accounts across several Odoo companies on Community, aimed at UK SME groups that need FRS-102 style group accounts. Define a group with a presentation currency, list subsidiaries with ownership and a full, proportional or equity method, translate foreign-currency balances, declare inter-company elimination pairs, and run a period entirely from posted account.move.line data through the ORM.
Key Features
Group & Subsidiary Setup
A gb.consolidation.group names a parent reporting company and a presentation currency, then lists subsidiaries as gb.consolidation.company lines. Each line carries an ownership_percent and a Full, Proportional or Equity method, with constraints validating ownership 0-100% and no duplicate company.
Three Consolidation Methods
get_consolidation_factor applies the chosen method per subsidiary: Full carries 100% of balances, Proportional multiplies by ownership%, and Equity (via _add_equity_pickup) carries only the parent's share of the subsidiary's net result as a single equity-pickup line.
Multi-Currency FX Translation
get_fx_rate converts each subsidiary's local currency into the group presentation currency, using Odoo's live currency conversion at the period-end date or a per-company manual_fx_rate override. Every consolidated line stores local, translated and consolidated amounts side by side.
Inter-Company Eliminations
gb.consolidation.elimination pairs declare an account, optional counterpart and Company A vs Company B, typed as reciprocal balances, trading or investment. compute_elimination_amount reads posted account.move.line balances for both sides and eliminates the matched reciprocal portion, or a fixed manual_amount.
ORM-Sourced Trial Balance
action_compute reads every posted account.move.line for each subsidiary within the period, groups balances by account, translates and weights them, then writes gb.consolidation.line rows bucketed into asset, liability, equity, income or expense and split into Balance Sheet or P&L statements.
Totals & Balance Check
_recompute_totals rolls the lines into total_assets, total_liabilities, total_equity, total_income, total_expense, net_result and total_eliminated. A bs_balanced flag confirms the balance sheet ties out within 0.01 before you finalise, so you can trust the figures.
Run Lifecycle & Wizard
The New Run wizard (gb.consolidation.wizard) offers This Month/Quarter/Year or custom period presets and can compute immediately. Each gb.consolidation.run is sequenced, mail-tracked, moves draft to Computed to Finalised, and can be Reset to Draft to recompute while still editable.
Community, No Enterprise
The whole engine depends only on the account module and works entirely through the ORM with no external service. UK SME groups get FRS-102 style group P&L and balance sheet without paying for Odoo Enterprise consolidation.
Use Cases
Screenshots
Consolidation Groups
Consolidation Runs
Why Choose This Module
Group consolidation in Odoo is Enterprise-only. This module produces consolidated group accounts (Profit & Loss and Balance Sheet) across several Odoo companies on Community — designed for UK SME groups that need FRS-102 style group accounts. Define a group, list subsidiaries with ownership and method, translate currencies, eliminate inter-company balances and run a period.
Specifications
- Compatible: Odoo 18.0 / 19.0
- License: OPL-1
- Languages: English
- Author: Pokutsoft
- Dependencies: account
- Support: support@pokutsoft.com
Update date: 2026-07-02