Verain Finance Consolidation Live

The group, consolidated from the ledgers you keep.

Verain Finance reads each entity’s books, matches the intercompany pairs and eliminates them in one click, and translates foreign entities into euros on ECB rates. Switch between the group and any entity: both come from the same model.

Book a demo
Consolidation

Consolidation

Account · €k Nederland B.V. Services B.V. Elimination Norge AS Group
Revenue €2.170.006 2.170 €40.000 40 −€40.000 −40 €719.675 720 €2.889.681 2.890
Cost of sales −€1.226.028 −1.226 0 0 0 0 −€435.403 −435 −€1.661.431 −1.661
Gross profit €943.978 944 €40.000 40 −€40.000 −40 €284.272 284 €1.228.250 1.228
Personnel costs −€312.000 −312 −€27.000 −27 0 0 −€112.544 −113 −€451.544 −452
Other operating costs −€235.940 −236 −€7.000 −7 €40.000 40 −€50.377 −50 −€253.317 −253
EBITDA €396.038 396 €6.000 6 0 0 €121.351 121 €523.389 523

Intercompany between Nederland B.V. and Services B.V. eliminated, difference €0 Norge AS translated from NOK at ECB rates for October 2026: P&L at the average 11,5875, balance sheet at the closing 11,6289. No elimination across currencies. Cumulative translation adjustment €17.685 in equity (−€13.606 this month)

Illustrative sample data, not company financials Interface preview

Intercompany

Intercompany pairs, matched and eliminated.

Verain lines up the intercompany pairs between your entities and shows each as matched, mismatched or zero. Eliminate a matched pair in one click at the agreed amount, and undo it if you need to.

  • Elimination between entities that report in the same currency
  • A Consolidated entity filter across the P&L, balance sheet, cash flow, KPI, compare, cost-centre and variance reports and the dashboard
  • Group view and entity view from the same model

Differences

Differences parked, not absorbed.

When a pair does not agree, the difference is parked on its own line for intercompany reconciling differences, with its age and its cause, so nothing disappears into a total.

Currency

Foreign entities in euros, on ECB rates.

Entities that keep their books in another currency are translated into euros on European Central Bank rates: the balance sheet at the closing rate, the P&L at the average rate. The rates come in daily and sit on the Data page next to your connections.

Setup Data

Data

Sources for all entities

Accounting

Exact Online Lindmeer Nederland B.V. 48.216 entries Read-only
Exact Online Lindmeer Services B.V. 3.418 entries Read-only
Tripletex Lindmeer Norge AS 21.904 entries Read-only

Exchange rates

ECB reference rates NOK to EUR, monthly average and month end 22 months Connected

Files

Opening balance.xlsx Uploaded, mapped to Lindmeer Norge AS 1 sheet Connected
Illustrative sample data, not company financials Interface preview

Systems

Each entity on its own accounting system.

Entities can run on different systems: Exact Online, Twinfield, Odoo, Tripletex or Visma.net. Verain reads each one read-only and maps them into one chart of accounts, with AI mapping suggestions you review before you save them.

More of Verain Finance

The rest of the product.

See your own group consolidated.

Twenty minutes. We show consolidation running on live numbers and talk through your entities.

Book a demo Download the one-pager