Global Accounting & Bookkeeping Services
Multinational businesses require consistent accounting across jurisdictions using IFRS or converged standards, multi-currency consolidation, and intercompany transaction tracking for transfer pricing compliance.
Multinational businesses require consistent accounting across jurisdictions using IFRS or converged standards, multi-currency consolidation, and intercompany transaction tracking for transfer pricing compliance. Fintax Support Limited provides centralized and in-country bookkeeping across our 12+ regions, maintaining books in local currencies (USD, GBP, AED, PKR, EUR, AUD, and more) with monthly consolidation into group reporting currency. We reconcile intercompany balances, track transfer pricing adjustments, and produce management accounts meeting OECD documentation standards.
Regulatory Framework
IAS 21 requires foreign currency transactions to be recorded at exchange rates at transaction date with retranslation at reporting date. OECD transfer pricing guidelines require contemporaneous documentation of intercompany transactions at arm's length. CRS reporting jurisdictions require financial institutions to maintain account records supporting automatic information exchange.
Our Accounting & Bookkeeping Services in Global
Multi-Jurisdiction Bookkeeping
Maintain accounting records across multiple countries from a single coordinated bookkeeping function — each entity compliant with local GAAP, tax, and retention rules while your group benefits from consistent chart-of-accounts mapping, IFRS or US GAAP group reporting alignment, and harmonised close calendars. Multi-jurisdiction bookkeeping ensures IFRS-adopting subsidiaries, US GAAP parent entities, and local statutory frameworks are supported simultaneously without fragmented ledgers or missed cross-border obligations.
12+ jurisdiction coverage
Entity-level bookkeeping across the UK, US, UAE, Saudi Arabia, Europe, Canada, Australia, and other operating regions under local GAAP.
Unified group mapping
Harmonised nominal codes linking local accounts to IFRS or US GAAP consolidation charts for group reporting and CbCR preparation.
Local retention compliance
Records retained per jurisdiction — typically 6–10 years — with centralised digital archive and jurisdiction-specific expiry schedules.
Dual-framework support
Books maintained under IFRS, US GAAP, or local GAAP with documented policy differences for consolidation bridging.
How It Works
Entity and framework mapping
Identify each legal entity, applicable GAAP framework (IFRS vs US GAAP vs local), functional currency, and statutory retention requirements.
Chart of accounts harmonisation
Configure entity-level ledgers with group mapping codes linking local nominal accounts to IFRS or US GAAP consolidation templates.
Daily multi-country posting
Record transactions per entity with correct local tax treatment, currency, inter-company coding, and supporting documentation.
Monthly global compliance review
Reconcile entity books, verify retention compliance, and prepare jurisdiction-specific filing support data for tax and audit teams.
Entity and framework mapping
Identify each legal entity, applicable GAAP framework (IFRS vs US GAAP vs local), functional currency, and statutory retention requirements.
Chart of accounts harmonisation
Configure entity-level ledgers with group mapping codes linking local nominal accounts to IFRS or US GAAP consolidation templates.
Daily multi-country posting
Record transactions per entity with correct local tax treatment, currency, inter-company coding, and supporting documentation.
Monthly global compliance review
Reconcile entity books, verify retention compliance, and prepare jurisdiction-specific filing support data for tax and audit teams.
Multinational groups face fragmented accounting obligations — each jurisdiction applies its own commercial code, tax rules, and record retention periods while group investors expect consolidated reporting under IFRS or US GAAP. Listed EU and many APAC entities report under IFRS; US-parented groups typically consolidate under US GAAP with ASC 830 foreign currency rules, while unlisted subsidiaries maintain local GAAP statutory books. We operate a centralised multi-jurisdiction bookkeeping function with entity-level ledgers on Odoo, NetSuite, or Xero — each configured for local VAT, withholding tax, and payroll coding. Harmonised group mapping codes bridge HGB, UK FRS 102, US GAAP, and IFRS account structures so consolidation teams receive clean trial balances. Functional currency is determined per IAS 21 for IFRS entities and ASC 830 for US GAAP parents, with presentation currency selected for group reporting — typically USD or EUR. Monthly close calls align cut-off across time zones, and inter-company balances are reconciled before group reporting. Records support local tax filings, transfer pricing Local Files, and Country-by-Country Reporting (CbCR) data extraction without duplicate data entry.
Common Questions
IFRS-Compliant Financial Statements
Prepare financial statements under full IFRS — IAS 1 presentation, IFRS 15 revenue, IFRS 16 leases, IAS 12 deferred tax, and IAS 24 related-party disclosures — for subsidiaries, joint ventures, and consolidated groups. IFRS-compliant statements support stock exchange listings, cross-border lending, and group reporting where US GAAP parent companies require IFRS local statutory accounts or dual-framework reporting.
Full IFRS compliance
Primary statements and notes under IAS 1, IFRS 15, IFRS 16, IAS 12, and IAS 24 related-party disclosure requirements.
Primary financial statements
Statement of financial position, comprehensive income, cash flows, and changes in equity with IFRS-compliant note disclosures.
Functional & presentation currency
Amounts measured in functional currency per IAS 21 with optional presentation currency translation for group reporting.
Statutory filing readiness
Accounts formatted for national registries, securities commissions, and lender covenant reporting across IFRS-adopting jurisdictions.
How It Works
Framework and policy documentation
Confirm IFRS applicability, document accounting policies for revenue, leases, financial instruments, and related-party transactions under IAS 24.
Trial balance and adjustments
Post year-end accruals, depreciation, impairment, deferred tax under IAS 12, and lease liabilities under IFRS 16.
Financial statement compilation
Prepare primary statements and notes covering IAS 24 related-party balances, segment data, contingencies, and going concern assessment.
Director approval and filing
Present draft IFRS accounts for sign-off and coordinate with statutory auditors, registry submissions, and group consolidation teams.
Framework and policy documentation
Confirm IFRS applicability, document accounting policies for revenue, leases, financial instruments, and related-party transactions under IAS 24.
Trial balance and adjustments
Post year-end accruals, depreciation, impairment, deferred tax under IAS 12, and lease liabilities under IFRS 16.
Financial statement compilation
Prepare primary statements and notes covering IAS 24 related-party balances, segment data, contingencies, and going concern assessment.
Director approval and filing
Present draft IFRS accounts for sign-off and coordinate with statutory auditors, registry submissions, and group consolidation teams.
IFRS is the global reporting language for over 140 jurisdictions — mandatory for EU-listed companies under Regulation (EC) No 1606/2002, widely adopted across the Middle East, Asia-Pacific, and Africa, and increasingly used by US multinationals for non-US subsidiaries reporting to IFRS parent companies. IFRS financial statements require the full suite of primary reports with IAS 1 presentation, IFRS 15 five-step revenue recognition, IFRS 16 lease capitalisation for virtually all leases, IAS 12 deferred tax on temporary differences, and IAS 24 disclosure of related-party transactions including key management compensation and inter-company balances. Functional currency under IAS 21 is the currency of the primary economic environment; presentation currency may differ for group reporting purposes. Where US GAAP parent companies consolidate IFRS subsidiaries, material differences in revenue timing, lease classification, and impairment reversals require documented reconciliation at the group level. We prepare IFRS statutory accounts from entity-level books maintained on Odoo, NetSuite, or Xero, ensuring VAT and withholding tax balances reconcile to returns and related-party balances match inter-company reconciliation schedules supporting transfer pricing documentation and CbCR data.
Common Questions
Multi-Currency Accounting & FX Management
Record transactions in multiple currencies with IAS 21-compliant revaluation for IFRS entities and ASC 830 treatment for US GAAP reporting — handling spot rates, period-end remeasurement, unrealised gain and loss posting, and functional versus presentation currency determination across global subsidiaries. Multi-currency accounting ensures FX differences are correctly classified in profit or loss or other comprehensive income for consolidation under IFRS 10.
Multi-currency ledgers
Transactions recorded in USD, EUR, GBP, AED, SAR, and local currencies with automatic exchange rate application.
IAS 21 / ASC 830 revaluation
Monetary assets and liabilities remeasured at period-end rates with unrealised FX gains and losses posted to P&L or OCI.
Functional currency assessment
Functional currency determined per IAS 21 indicators for each entity — not simply the currency of incorporation or VAT registration.
Consolidation translation
Foreign subsidiary accounts translated to group presentation currency at closing and average rates for IFRS 10 consolidation.
How It Works
Functional currency assessment
Determine functional currency for each entity based on primary sales market, expense currency, financing structure, and cash flow indicators under IAS 21.
Exchange rate configuration
Configure daily and period-end rates in Odoo, NetSuite, or Xero with consistent rate sources — ECB, Federal Reserve, or central bank reference rates.
Transaction recording
Post foreign currency invoices at spot rate with dual-currency tracking in transaction currency and functional currency.
Period-end revaluation
Remeasure monetary balances at closing rate, post unrealised FX differences, and prepare consolidation translation worksheets.
Functional currency assessment
Determine functional currency for each entity based on primary sales market, expense currency, financing structure, and cash flow indicators under IAS 21.
Exchange rate configuration
Configure daily and period-end rates in Odoo, NetSuite, or Xero with consistent rate sources — ECB, Federal Reserve, or central bank reference rates.
Transaction recording
Post foreign currency invoices at spot rate with dual-currency tracking in transaction currency and functional currency.
Period-end revaluation
Remeasure monetary balances at closing rate, post unrealised FX differences, and prepare consolidation translation worksheets.
Global businesses routinely operate in USD, EUR, GBP, and local operating currencies — particularly groups with US parents, European holding companies, and Middle Eastern or APAC trading subsidiaries. IAS 21 governs IFRS foreign currency translation: transactions are recorded at the exchange rate on the transaction date, monetary items are revalued at the period-end rate, and non-monetary items at historical cost are not remeasured. US GAAP entities follow ASC 830 with similar remeasurement principles but different treatment of certain hyperinflationary economies and translation adjustments in equity. Functional currency is the currency of the primary economic environment — a UAE free-zone entity with USD-denominated revenues may have USD functional currency despite AED VAT registration. Presentation currency for group reporting under IFRS 10 typically differs from subsidiary functional currencies, requiring translation at closing rate for balance sheet items and average rate for income statement items with differences in other comprehensive income. We configure multi-currency modules in Odoo, NetSuite, and Xero with automated rate feeds, period-end revaluation journals, and FX gain/loss reconciliation to bank statements. Net investment hedges and forward contract accounting are coordinated with treasury teams where hedge accounting under IFRS 9 applies.
Common Questions
Group Consolidation & Elimination Entries
Consolidate financial results across global group entities under IFRS 10 — eliminating inter-company balances, unrealised profit on inventory transfers, investment balances against equity, and non-controlling interests. Group consolidation produces presentation-currency financial statements with IAS 21 translation adjustments, supporting statutory filings, lender covenants, and CbCR data preparation.
IFRS 10 consolidation
Full consolidation of controlled subsidiaries with elimination entries, NCI calculation, and acquisition accounting adjustments.
Inter-company eliminations
Elimination of IC revenue, expenses, receivables, payables, dividends, and unrealised profit on stock transfers.
Multi-GAAP bridging
Reconciliation from local GAAP and US GAAP entity accounts to IFRS consolidation adjustments before elimination entries.
Presentation currency reporting
Consolidated statements in USD, EUR, or other presentation currency with IAS 21 translation differences in OCI.
How It Works
Group structure mapping
Document ownership percentages, control assessments under IFRS 10, reporting frameworks, functional currencies, and consolidation scope.
GAAP adjustment and translation
Convert entity trial balances from local GAAP or US GAAP to IFRS, translate foreign operations to presentation currency per IAS 21.
Elimination entry posting
Post IC eliminations, unrealised profit adjustments, investment/equity eliminations, and goodwill impairment where required.
Consolidated reporting
Produce consolidated financial statements with segment reporting, related-party note data under IAS 24, and CbCR revenue/profit extracts.
Group structure mapping
Document ownership percentages, control assessments under IFRS 10, reporting frameworks, functional currencies, and consolidation scope.
GAAP adjustment and translation
Convert entity trial balances from local GAAP or US GAAP to IFRS, translate foreign operations to presentation currency per IAS 21.
Elimination entry posting
Post IC eliminations, unrealised profit adjustments, investment/equity eliminations, and goodwill impairment where required.
Consolidated reporting
Produce consolidated financial statements with segment reporting, related-party note data under IAS 24, and CbCR revenue/profit extracts.
Global corporate groups operate through holding companies in Delaware, Ireland, Netherlands, or UAE with trading subsidiaries reporting under IFRS, US GAAP, or local GAAP — each maintaining separate tax registrations while consolidated reporting follows IFRS 10 control principles or US GAAP consolidation under ASC 810. Consolidation requires translating foreign subsidiary accounts from functional currency to presentation currency at closing and average rates under IAS 21, posting GAAP adjustment journals where entity statutory accounts differ from group IFRS policies, and eliminating all inter-company balances including trade receivables/payables, management fees, royalty flows, and inter-company loans. Unrealised profit on inventory transferred between subsidiaries must be eliminated until goods are sold to third parties. Investment balances are eliminated against subsidiary equity with non-controlling interests calculated for partial ownership structures. We perform consolidation in Odoo consolidation modules, NetSuite OneWorld, or dedicated consolidation platforms — maintaining audit trails for each elimination entry. Consolidated outputs support annual statutory filings, audit workpapers, lender covenant testing, and extraction of revenue, profit, tax paid, and employee data by jurisdiction for Country-by-Country Reporting.
Common Questions
Inter-Company Transaction Tracking
Track every inter-company transaction across global group entities — trade sales, management fees, royalty payments, cost recharges, inventory transfers, and inter-company loans — with consistent coding in both entities' books and monthly reconciliation. Inter-company tracking prevents consolidation delays, transfer pricing audit findings, and IAS 24 related-party disclosure mismatches.
End-to-end IC tracking
All inter-company flows coded with matching reference numbers in both originating and receiving entity ledgers.
Monthly reconciliation
IC receivable/payable balances matched entity-pair by entity-pair with timing, FX, and coding difference resolution.
IAS 24 alignment
IC transaction records structured to support related-party note disclosures and transfer pricing Local File schedules.
Consolidation readiness
Reconciled IC balances enable clean IFRS 10 elimination entries without manual investigation at year-end.
How It Works
IC policy and coding setup
Define inter-company transaction types, arm's length pricing references, and matching journal reference conventions across all entities.
Transaction recording
Post IC invoices, accruals, and payments in both entities simultaneously with consistent amounts, currencies, and reference numbers.
Monthly IC reconciliation
Match IC balances between entity pairs, investigate unmatched items, and post clearing or adjusting entries before month-end close.
Reporting and disclosure support
Produce IC transaction summaries for IAS 24 disclosures, transfer pricing documentation, and consolidation elimination workpapers.
IC policy and coding setup
Define inter-company transaction types, arm's length pricing references, and matching journal reference conventions across all entities.
Transaction recording
Post IC invoices, accruals, and payments in both entities simultaneously with consistent amounts, currencies, and reference numbers.
Monthly IC reconciliation
Match IC balances between entity pairs, investigate unmatched items, and post clearing or adjusting entries before month-end close.
Reporting and disclosure support
Produce IC transaction summaries for IAS 24 disclosures, transfer pricing documentation, and consolidation elimination workpapers.
Inter-company transactions are the most audited area of multinational group accounting — tax authorities examine whether cross-border related-party flows are recorded at arm's length prices with supporting documentation, while auditors test whether IC balances reconcile between entity pairs before IFRS 10 consolidation eliminations. Common IC transaction types include management and shared service fees, royalty and licence payments, goods and inventory transfers, inter-company loans with OECD-compliant interest rates, and cost recharges for centrally procured services. Each transaction must be recorded in both the selling and buying entity's books with matching amounts — adjusted for functional currency translation under IAS 21 where entities operate in different currencies. Unreconciled IC balances are a primary audit finding and delay group close, CbCR preparation, and transfer pricing Local File compilation. We maintain inter-company sub-ledgers in Odoo, NetSuite, and Xero with automated matching dashboards, monthly reconciliation workflows, and exception reporting for overdue unmatched items. IC data feeds directly into IAS 24 related-party disclosures, OECD Master File and Local File schedules, and IFRS 10 elimination workpapers.
Common Questions
Transfer Pricing-Aligned Record-Keeping
Maintain bookkeeping records that align with OECD transfer pricing policies — ensuring inter-company transactions are recorded at documented arm's length values with contemporaneous support for Master File, Local File, and Country-by-Country Reporting. Transfer pricing-aligned record-keeping bridges daily accounting entries and global tax compliance obligations under BEPS Action 13.
Arm's length recording
IC transactions posted at transfer pricing policy rates — cost-plus, TNMM, CUP, or profit split — with supporting documentation links.
BEPS Action 13 support
Bookkeeping data structured for Master File, Local File, and CbCR extraction without manual reconstruction from general ledger.
Policy-to-ledger mapping
Nominal codes mapped to transfer pricing transaction categories — tangible goods, services, intangibles, and financial transactions.
Audit-ready trails
Invoice-level records with comparability analysis references retained per jurisdiction retention requirements.
How It Works
Transfer pricing policy integration
Map OECD-aligned transfer pricing policies to chart of accounts codes, IC billing templates, and standard journal descriptions.
Transaction-level recording
Post IC flows at arm's length values with policy reference, comparability study citation, and functional currency documentation.
Periodic policy reconciliation
Compare recorded IC amounts against transfer pricing policy benchmarks and adjust accruals for year-end true-up entries.
Documentation data extraction
Extract revenue, cost, and IC transaction data by entity and jurisdiction for Local File, Master File, and CbCR schedules.
Transfer pricing policy integration
Map OECD-aligned transfer pricing policies to chart of accounts codes, IC billing templates, and standard journal descriptions.
Transaction-level recording
Post IC flows at arm's length values with policy reference, comparability study citation, and functional currency documentation.
Periodic policy reconciliation
Compare recorded IC amounts against transfer pricing policy benchmarks and adjust accruals for year-end true-up entries.
Documentation data extraction
Extract revenue, cost, and IC transaction data by entity and jurisdiction for Local File, Master File, and CbCR schedules.
OECD Transfer Pricing Guidelines require that inter-company transactions between associated enterprises be priced as if between independent parties, with contemporaneous documentation supporting the arm's length nature of each transaction category. BEPS Action 13 mandates a three-tiered documentation approach — Master File, Local File, and Country-by-Country Report — for groups exceeding revenue thresholds, with many jurisdictions requiring Local Files at lower thresholds. Bookkeeping is the foundation: if management fees, royalties, and goods transfers are not recorded at policy rates in the general ledger, tax teams cannot produce defensible documentation without costly reconstruction. We integrate transfer pricing policies into daily accounting — mapping nominal codes to OECD transaction categories (tangible goods, services, intangibles, financial transactions), configuring IC billing at cost-plus margins or TNMM target rates, and maintaining invoice-level links to comparability analyses. CbCR data — revenue, profit before tax, income tax paid, stated capital, accumulated earnings, and employee count by tax jurisdiction — is extracted from entity trial balances reconciled to consolidated figures under IFRS 10. Records are retained per local requirements and aligned with IAS 24 related-party disclosures to prevent inconsistencies between financial statements and tax documentation.
Common Questions
Cloud Accounting Setup (Multi-Entity)
Configure cloud accounting platforms — Odoo, NetSuite, and Xero — for multinational groups with multi-entity ledgers, IFRS or US GAAP chart templates, IAS 21 multi-currency settings, inter-company modules, and jurisdiction-specific tax codes. Multi-entity cloud setup delivers real-time global bookkeeping with consolidation-ready data structures from day one.
Global cloud platforms
Odoo, NetSuite OneWorld, and Xero configured for multi-company, multi-currency, and inter-company operations across 12+ regions.
Multi-entity configuration
Separate legal entity ledgers with group mapping codes, functional currency settings, and IC billing rules per subsidiary.
Bank feed integration
Automated bank feeds from global institutions with multi-currency transaction matching and reconciliation workflows.
Data residency & access
Role-based access controls, encrypted storage, and regional hosting options meeting GDPR and local data protection requirements.
How It Works
Platform and architecture selection
Assess group size, entity count, GAAP frameworks, consolidation needs, and integration requirements to select Odoo, NetSuite, or Xero.
Chart of accounts and policy setup
Configure IFRS or US GAAP group templates, entity-level local charts, IC nominal codes, and jurisdiction-specific tax rates.
Integration and bank connection
Connect global bank feeds, payment gateways, payroll systems, and inventory modules with multi-currency rate feeds.
Team training and go-live
Train finance teams across regions on entity posting, IC transactions, month-end close, and consolidation data extraction.
Platform and architecture selection
Assess group size, entity count, GAAP frameworks, consolidation needs, and integration requirements to select Odoo, NetSuite, or Xero.
Chart of accounts and policy setup
Configure IFRS or US GAAP group templates, entity-level local charts, IC nominal codes, and jurisdiction-specific tax rates.
Integration and bank connection
Connect global bank feeds, payment gateways, payroll systems, and inventory modules with multi-currency rate feeds.
Team training and go-live
Train finance teams across regions on entity posting, IC transactions, month-end close, and consolidation data extraction.
Cloud accounting transforms global bookkeeping from fragmented desktop systems to unified, multi-user platforms — but multi-entity configuration must address IFRS and US GAAP requirements, IAS 21 functional currency settings, and inter-company automation from implementation day one. Odoo provides integrated ERP with multi-company modules, inter-company rules, and consolidation add-ons suited to groups operating across our 12+ regions with localised tax modules. NetSuite OneWorld delivers enterprise-grade multi-subsidiary management, automated IC eliminations, and real-time consolidation for mid-market and larger groups reporting under IFRS or US GAAP. Xero suits smaller entity structures with third-party consolidation and IC tracking integrations for growing international businesses. Each platform requires jurisdiction-specific tax code configuration, functional currency assignment per entity, presentation currency reporting views, and bank feed integration across USD, EUR, GBP, and local currency accounts. We implement group chart-of-accounts templates mapped to IFRS consolidation codes, configure IAS 24 related-party tracking fields, and set retention-compliant document management. Data residency and GDPR Article 28 processor agreements are addressed for EU entities, with role-based access segregating entity-level data across regional finance teams.
Common Questions
Global Management Reporting
Receive timely profit and loss, balance sheet, and cash flow reports for international directors between annual statutory filings — prepared under IFRS or US GAAP with presentation-currency consolidation for cross-border groups. Global management reporting supports board decisions, lender covenant testing, CbCR preparation, and transfer pricing review without waiting for full statutory audit cycles.
Group P&L and balance sheet
Management reports under IFRS or US GAAP with variance commentary, segment views, and presentation-currency consolidation.
Cash flow forecasting
Multi-jurisdiction cash receipts and payments projected to support tax, payroll, and inter-company funding planning.
Entity and segment views
Per-entity management accounts with regional segment reporting and IC balance summaries for consolidation teams.
Global close calendar
Monthly or quarterly packs delivered within 10–15 business days of period close aligned across time zones.
How It Works
Reporting framework design
Define management reporting format, KPIs, segment structure, and consolidation mapping aligned to IFRS or US GAAP group policies.
Period close and adjustments
Post accruals, IC reconciling entries, IAS 21 revaluation journals, and GAAP bridging adjustments for each reporting entity.
Consolidated report preparation
Compile group P&L, balance sheet, cash flow, and KPI dashboard with IFRS 10 eliminations and IAS 21 translation.
Board pack delivery
Deliver management accounts with commentary on trading performance, IC balances, cash position, and jurisdiction-level metrics.
Reporting framework design
Define management reporting format, KPIs, segment structure, and consolidation mapping aligned to IFRS or US GAAP group policies.
Period close and adjustments
Post accruals, IC reconciling entries, IAS 21 revaluation journals, and GAAP bridging adjustments for each reporting entity.
Consolidated report preparation
Compile group P&L, balance sheet, cash flow, and KPI dashboard with IFRS 10 eliminations and IAS 21 translation.
Board pack delivery
Deliver management accounts with commentary on trading performance, IC balances, cash position, and jurisdiction-level metrics.
International business leaders need financial visibility between annual statutory filings — particularly groups operating across multiple time zones with varying tax payment schedules, inter-company funding requirements, and IFRS or US GAAP investor reporting obligations. Management accounts prepared under IFRS or US GAAP provide directors with monthly or quarterly P&L, balance sheet, and cash flow statements without the full disclosure burden of audited statutory accounts. We produce entity-level reports in each subsidiary's functional currency alongside presentation-currency consolidated group packs with IFRS 10 inter-company eliminations, IAS 21 translation adjustments, and segment reporting by geography. Budget variance analysis highlights revenue and cost deviations by entity, product line, and region. Management reporting data feeds CbCR preparation, transfer pricing policy reviews, and lender covenant calculations — ensuring internal reports reconcile to entity statutory books and consolidated IFRS or US GAAP figures. Delivery within 10–15 business days of period close is standard, coordinated through global close calls spanning APAC, EMEA, and Americas time zones. Reports are prepared from Odoo, NetSuite, or Xero source data with consolidation in dedicated modules or supplementary platforms.
Common Questions
Outsourced International CFO Services
Access senior finance leadership on a fractional basis for multinational businesses — global financial strategy, IFRS versus US GAAP reporting oversight, transfer pricing policy governance, and board reporting without a full-time international CFO. Outsourced international CFO services bridge multi-jurisdiction bookkeeping and strategic decision-making across consolidation, CbCR, and OECD BEPS compliance.
Global financial leadership
Fractional CFO providing international financial strategy, budgeting, and investor relations for cross-border growth businesses.
IFRS / US GAAP oversight
Group reporting framework governance, GAAP bridging policy, and consolidation quality review under IFRS 10.
Board and investor reporting
Monthly board packs, KPI dashboards, and investor updates in presentation currency with group-level metrics.
Global compliance coordination
Supervise multi-jurisdiction close, IC reconciliation, transfer pricing documentation, and CbCR filing readiness.
How It Works
Global finance health assessment
Review group structure, books quality, IC reconciliation status, GAAP framework alignment, and reporting gaps across entities.
Finance function design
Define global reporting calendar, KPI framework, IC policies, approval workflows, and regional team structure.
Ongoing financial leadership
Monthly close oversight, board reporting, budget variance analysis, and coordination with tax advisors on CbCR and transfer pricing.
Strategic advisory
Support international expansion, holding company structuring, M&A due diligence, and Pillar Two GloBE impact assessment.
Global finance health assessment
Review group structure, books quality, IC reconciliation status, GAAP framework alignment, and reporting gaps across entities.
Finance function design
Define global reporting calendar, KPI framework, IC policies, approval workflows, and regional team structure.
Ongoing financial leadership
Monthly close oversight, board reporting, budget variance analysis, and coordination with tax advisors on CbCR and transfer pricing.
Strategic advisory
Support international expansion, holding company structuring, M&A due diligence, and Pillar Two GloBE impact assessment.
Growing multinational businesses — cross-border SaaS operators, trading groups spanning IFRS and US GAAP frameworks, and multi-entity structures across our 12+ regions — often outgrow basic bookkeeping without justifying a full-time international CFO. An outsourced CFO provides strategic financial leadership including annual budgeting, rolling forecasts, group reporting framework governance, and inter-company funding optimisation. We oversee monthly close processes across all entities, prepare board-ready presentation-currency financial packages, and advise on transfer pricing policy under OECD guidelines with bookkeeping aligned to Master File and Local File requirements. For businesses preparing for investment rounds, international bank facilities, or IPO readiness, we produce IFRS or US GAAP-aligned financial models and due diligence data rooms. Our fractional model delivers senior finance expertise — typically a qualified accountant with cross-border consolidation experience — at a fraction of full-time cost, scaling engagement as your group expands and navigates Pillar Two global minimum tax obligations, CbCR filing, and IAS 24 related-party disclosure complexity.
Common Questions
Cross-Border Payroll Accounting
Record payroll costs, liabilities, and inter-company recharges for employees working across multiple jurisdictions — expatriate assignments, remote workers, shadow payroll, and multi-country benefit accruals. Cross-border payroll accounting ensures salary expenses are correctly allocated to employing and host entities with supporting entries for IAS 19 provisions and transfer pricing cost recharges.
Multi-jurisdiction payroll
Payroll journals for employees employed in one country and working in another — expatriate, shadow, and split payroll arrangements.
Inter-company recharges
Employee cost recharges between employing entity and host entity at arm's length rates supporting transfer pricing documentation.
Statutory liability tracking
Social security, pension, withholding tax, and end-of-service benefit accruals recorded per jurisdiction requirements.
IAS 19 & local GAAP
Defined benefit and long-term employee benefit provisions posted under IAS 19 with local statutory alignment.
How It Works
Payroll structure mapping
Document employing entities, host entities, payroll providers, and tax withholding obligations for each cross-border employee.
Payroll journal configuration
Configure nominal codes for gross pay, employer taxes, benefits, and IC recharge accounts in Odoo, NetSuite, or Xero.
Monthly payroll posting
Record payroll journals with correct entity allocation, functional currency treatment, and IC recharge invoices to host entities.
Accrual and reconciliation
Post bonus, leave, pension, and end-of-service accruals; reconcile payroll liabilities to provider reports and bank payments.
Payroll structure mapping
Document employing entities, host entities, payroll providers, and tax withholding obligations for each cross-border employee.
Payroll journal configuration
Configure nominal codes for gross pay, employer taxes, benefits, and IC recharge accounts in Odoo, NetSuite, or Xero.
Monthly payroll posting
Record payroll journals with correct entity allocation, functional currency treatment, and IC recharge invoices to host entities.
Accrual and reconciliation
Post bonus, leave, pension, and end-of-service accruals; reconcile payroll liabilities to provider reports and bank payments.
Cross-border payroll accounting is among the most complex areas of multinational bookkeeping — employees may be legally employed by a US, UK, or UAE entity while performing duties in another jurisdiction, triggering shadow payroll obligations, social security totalisation questions, and permanent establishment risk. Payroll costs must be recorded in the employing entity's functional currency under IAS 21, with inter-company recharges to host entities at arm's length rates supporting transfer pricing policies for intra-group services. Employer social security, pension contributions, withholding tax, and jurisdiction-specific end-of-service gratuity accruals — particularly in UAE, Saudi Arabia, and other GCC markets — require separate liability tracking per entity. IAS 19 governs defined benefit plan accounting where multinational groups operate pension schemes across regions. We integrate payroll provider feeds from ADP, Deel, Remote, and local bureaus into Odoo, NetSuite, and Xero with automated journal templates, IC recharge billing, and monthly reconciliation to bank payment files. Payroll data supports CbCR employee count by jurisdiction and transfer pricing documentation for shared service and management entities employing cross-border staff.
Common Questions
Frequently Asked Questions
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