Konsolidat is an open-source (MIT) IFRS/GAAP consolidation engine. It handles intercompany elimination, non-controlling interest (NCI), foreign-currency translation and cumulative translation adjustment (CTA), and ownership trees with mid-period and step acquisitions — all validated by 26 automated tests on every close, and all auditable as version-controlled SQL.
A proper IC matrix: trading eliminations, upstream/downstream profit-in-inventory, dividend and IC-loan eliminations — configurable and auditable, not a spreadsheet workaround.
NCI is calculated automatically from the ownership tree, including changes during the period — no manual journal adjustments or special-case formulas.
Functional-to-presentation currency translation at closing, average or historic rates by account type, with cumulative translation adjustment computed and balanced automatically.
Unlike every commercial EPM, Konsolidat is open source and self-hostable — the whole application to run on your own infrastructure, inspect, fork and own.
Yes — Konsolidat is MIT-licensed and performs IFRS/GAAP multi-entity consolidation, including intercompany elimination, NCI, FX translation and CTA, with full source-code access.
Yes. Konsolidat includes a configurable intercompany elimination matrix and calculates non-controlling interest automatically from a time-variant ownership tree, including mid-period and step acquisitions.
Every consolidation step is version-controlled SQL validated by 26 automated tests on each run, and any figure traces back to its source GL entry — so the math is continuously proven, not asserted.
Book a 30-minute technical demo — a real consolidation model, not slides.