Subsidiary reporting packages — consistent entity-level financial reporting
Service 03 — Subsidiary Reporting

Every Subsidiary.
The Right Package.
On Time.

When your corporate accounting team needs consistent, properly formatted reporting from each subsidiary, the bottleneck is rarely intent — it's capacity and standardization. Delvane prepares and delivers each subsidiary's reporting package to your group's specifications, on your reporting calendar.

All Services / Subsidiary Reporting Package
What This Delivers

Subsidiary reporting packages that arrive formatted, complete, and on schedule — without the corporate team having to chase them.

The Subsidiary Reporting Package service is for corporate accounting teams who know exactly what they need from each entity — a trial balance, financial statements, supporting schedules — but whose subsidiaries don't always deliver it in a consistent format, on time, or with the level of completeness the consolidation process requires.

What this service delivers is the preparation and submission of that package for each entity, every period. Each package follows your group's template, covers the required schedules, and arrives by the deadline your reporting calendar specifies. The corporate team receives consistent inputs — not a patchwork of formats that needs reformatting before it can be used.

Packages formatted to your parent company's template
Every entity's output follows the same structure your corporate team expects — no reformatting required on their end before it can be used.
Trial balance, financials, and supporting schedules included
Each package covers the full set — trial balance, income statement, balance sheet, and any schedules your group's reporting template requires.
Delivered on your group's reporting calendar
Monthly or quarterly, aligned to the deadlines your consolidation team is working to — not whenever each entity gets around to it.
Consistent across every entity in your group
The same standards applied to each subsidiary — regardless of size, location, or how each entity currently manages its own books.
The Situation

Corporate accounting teams typically know what they need from each subsidiary. Getting it consistently is the part that rarely works cleanly.

In most multi-entity groups, the reporting flow between subsidiaries and the corporate team has developed organically over time — each entity submitting what it can, in the format it uses, by roughly the date it was asked for. The corporate team then spends a portion of every close period reformatting, following up, and filling in gaps. It works, after a fashion. But it costs more time and introduces more variability than it should.

Different formats from every entity

Entity A submits a PDF. Entity B exports from its accounting software in a format the corporate team has to rekey. Entity C sends a spreadsheet that uses different account names than the group chart of accounts. The corporate team normalizes all of it before the real work can begin.

Submissions that arrive late

The reporting deadline is the 5th. Two of four subsidiaries submit on time. One submits on the 8th with a note that the numbers are still being finalized. One requires a follow-up email. The consolidation team can't close until all four packages are in — so the whole process waits.

Packages missing required schedules

The corporate template asks for a fixed asset schedule, an accruals listing, and a prepayments note. Each period, at least one entity submits without one of these. The corporate team follows up, the entity reconstructs the schedule under time pressure, and the result is rarely as detailed as it should be.

None of this is unusual. It's the natural result of subsidiaries managing their own reporting with their own resources, under their own pressures, submitting to a corporate format that wasn't designed around their workflow. A service that prepares the package from the subsidiary side — to the corporate team's specification — removes the friction at the source.

The Approach

Each subsidiary's package prepared to your group's template — submitted before the deadline, every period.

The service begins with a template review. We take your group's reporting requirements — the specific schedules, account mapping, formatting conventions, and submission format — and build the preparation process for each entity around them. The output we deliver is what your corporate team would have asked for, in the format they actually use.

For each entity, we work from the subsidiary's trial balance and source data to produce the full package. Trial balance, financial statements, and supporting schedules — prepared, reviewed internally, and submitted by the agreed date. We operate as the entity's reporting function for this purpose, not as an intermediary that passes the work back.

If your group's reporting requirements change — a new schedule is added to the template, the submission format is updated — we adjust each entity's package accordingly. The corporate team communicates the change once; we apply it across all entities we cover.

What Each Package Includes
Trial balance
Closing trial balance mapped to the group chart of accounts — formatted as your corporate template specifies, not as the entity's software exports it.
Income statement and balance sheet
Entity-level financial statements prepared in the group's required format, with prior period comparatives where the template requires them.
Supporting schedules
Fixed assets, accruals, prepayments, intercompany balances, and any other schedules specified in your group's reporting package template.
Variance commentary (if required)
Brief notes on material movements versus prior period, if your group's template asks for an explanatory commentary alongside the numbers.
Submitted in your required format
Delivered in the file format, naming convention, and submission channel your corporate team specifies — ready to receive, not to reformat.
Delivered by your reporting deadline
Each package submitted before the date your consolidation team needs it — built into the preparation schedule, not treated as a target to aim for.
Working Together

What the reporting cycle looks like from the subsidiary side, once we're in place.

01

Source Data Received

At the agreed point in the reporting period, we receive the entity's trial balance and any source schedules needed to prepare the package. The format the entity provides is fine — we handle the conversion to the group template.

02

Package Prepared

We prepare the full reporting package — trial balance mapping, financial statements, and all required supporting schedules — following the group's template exactly. Any discrepancies in the source data are flagged before the package is finalized.

03

Internal Review

The prepared package is reviewed against the prior period and against the group template requirements before submission. Formatting, completeness, and numerical accuracy checked — so the corporate team receives a package that's ready to use.

04

Submitted on Schedule

The package is submitted to your corporate accounting team by the reporting deadline — in the required format, through the required channel. No follow-up needed, no late submission to manage around.

Investment

Per-entity pricing that scales cleanly with the size of your group.

Subsidiary Reporting Package is priced per entity per month. You engage the service for the entities that need it — whether that's one subsidiary with a capacity gap or six entities that all need consistent, template-compliant packages each period.

$450
/ entity / month
Per subsidiary entity, covering the full monthly or quarterly reporting package — trial balance, financial statements, and supporting schedules — formatted and submitted to your group's specifications.

The pricing is the same regardless of the entity's transaction volume or the number of schedules the group template requires, within the standard scope. If a particular entity has materially more complex reporting requirements, we'll discuss that during scoping.

For groups where quarterly rather than monthly reporting is the standard, the per-entity fee covers each quarterly package. The cadence is set at the start of the engagement based on your group's reporting calendar.

What's Included Per Entity
Trial balance mapped to the group chart of accounts
Income statement and balance sheet in group template format
Supporting schedules as specified by the group template
Variance commentary where the template requires it
Internal completeness and accuracy review before submission
Submission in the required file format and through the required channel
Delivered by the corporate team's reporting deadline, every period
Template updates applied across all entities when the group's requirements change
How Progress Works

The measure is simple: the corporate team stops chasing submissions.

The clearest indicator that this service is working is the change in how the corporate accounting team experiences reporting cycle. The follow-up emails stop. The deadline management disappears. Packages arrive formatted correctly without requiring reformatting.

In the first period, we'll work through the template mapping for each entity — understanding how each subsidiary's source data relates to the group's chart of accounts and which schedules require which inputs. That mapping work is done once and maintained from there.

By the second or third period, the preparation process is running from a stable template and the packages arrive with the consistency that makes the consolidation team's work genuinely easier. The quality of the submissions is uniform across entities — which it rarely is when each entity is managing its own reporting.

Period 1
Template mapping completed per entity
Each entity's source data mapped to the group template. First package prepared, reviewed, and submitted. Corporate team confirms format acceptance.
Periods 2–3
Process stable, submissions consistent
Preparation running from established mappings. Any format refinements from period one applied. All entities delivering on the same schedule.
Month 4 Onward
Reliable, uniform package quality every period
Corporate team receives the same standard from every entity, every period. Close cycle runs on schedule. Template changes communicated once, applied everywhere.
Our Commitment

A package your corporate team can use — delivered before they need it.

The standard we hold ourselves to is straightforward: the package arrives by the reporting deadline, it matches the group template, and it doesn't require the corporate team to fix or reformat anything before it can be used. If a package falls short of that in a verifiable way, we address it.

Before committing to the engagement, we offer a review of your current subsidiary reporting setup — which entities are involved, what the group template looks like, and where the current gaps in consistency and timeliness sit. That review is free and comes with no obligation.

If the group template is updated or new schedules are added, we apply the changes across all entities we cover from the next period forward. Your corporate team doesn't need to manage the rollout across individual subsidiaries — that's part of the service.

Delivered before the corporate team's deadline

Each package is built into a preparation schedule that ensures submission before the reporting deadline — not on the day of, and not after a follow-up.

Format correct and complete every time

Every package reviewed against the group template before submission. The corporate team receives what they asked for — schedules complete, format correct, ready to use.

Free initial reporting setup review

We'll review your current subsidiary reporting process and template requirements before any engagement begins — no cost, no commitment required.

Getting Started

From first contact to first submission in a few weeks — not a few months.

01

Share your group template and entity list

Send us your corporate reporting template and a list of the entities you'd like covered. If the template is still being finalized, a working draft is fine — we'll build around what you have and adjust as it develops.

Takes about 15 minutes
02

We review scope and confirm entities

We'll review the template, confirm which entities we'll cover and at what cadence, and get back to you within one business day with any questions and a proposed onboarding schedule.

Response within 1 business day
03

Onboarding and first submission

We complete the template mapping for each entity, set up the source data workflow, and prepare the first package. Onboarding typically takes two to three weeks before the first submissions go to the corporate team.

First package in 2–4 weeks
Subsidiary Reporting Package — $450 / entity / month

If your corporate team spends part of every close chasing or reformatting subsidiary submissions, there's a straightforward way to change that.

Get in touch and tell us how many entities are involved, what your group template looks like, and where the current reporting process falls short. We'll review the setup and let you know what a consistently delivered, properly formatted subsidiary package would look like for your group.

Get in Touch
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