When results (financial or non-financial) for any member of the group are updated, Fathom will prompt you to manually update the group to ensure that the group data is reflective of the underlying members.
💡Pro Tip: The consolidated group will be as up to date as the underlying companies. Therefore, if you've made any changes to the financials in the source accounting system of the underlying companies, you'll need to make sure the underlying companies are up to date before updating the consolidated group.
Update financials and non-financials
You can update a consolidated group from the group's landing page or the group's Settings. To update the group from the group's landing page:
To update a group, from the group's 'Settings':
Add or remove member companies
You can add entities to or remove them from a group in the consolidated group's Settings or from the consolidated group's landing page. You must have at least two companies in the group to be able to remove a company from the group.
You can add or remove member companies from the group's 'Settings' or the group's landing page.
To add or remove companies via the group's landing page:
To add or remove member companies via the group's 'Settings':
Want to create and set up a consolidated group?
We recommend going through our 'Consolidation Creation & Set Up Workflow'. You can access the beginning of this workflow using the option below: