We consult on close platforms. So we built one.
Basin is a financial consolidation and month-end close platform we designed and built in-house — trial balance import, FX translation, intercompany eliminations, topside journals, consolidated statements, and a sign-off that locks the period. Sized for groups of about five entities, not five hundred.
Too big for spreadsheets. Not big enough for OneStream.
Plenty of mid-market groups — a holdco, a handful of trading entities, a few currencies — run their consolidation in spreadsheets because enterprise platforms are priced and sized for organizations ten times larger. Basin is our answer to that gap: the full close lifecycle, without the enterprise footprint.
It's also how we keep our consulting honest. Every mechanism we configure on client platforms — FX translation, eliminations, ownership and minority interest, period locking, audit trails — we've had to build and test ourselves, from the engine up. There's no better way to understand how a close really works.
The whole close, one platform.
Everything from raw trial balances to a signed-off, locked period — with every consolidated figure traceable back to its source.
Consolidation engine
Translate, sum, eliminate, adjust — with full traceability on every consolidated account.
- FX translation of every entity at period-end rates
- Intercompany eliminations with a matched/unmatched workbench
- Ownership percentages with a non-controlling interest split
Statements & reporting
The three primary statements, consolidated and reconciled — not just a P&L export.
- Drill-down from any consolidated line to its per-entity sources
- Actual, budget, and prior-year columns with variance
- Indirect cash flow that reconciles exactly to the change in cash
Close workflow & controls
A close board that ends with a locked period, not a shared spreadsheet nobody trusts.
- Prepare → Consolidate → Review → Sign-off phases with owners and due dates
- Topside journals with a draft → post lifecycle and enforced double-entry
- CFO sign-off locks the period against every write, with an append-only audit trail
Data pipeline & governance
The platform layer a real finance system needs, built in from the start.
- Transformation rules driving an Import → Validate → Load pipeline
- Role-based access built around segregation of duties
- Scheduler, external connections, and an Excel add-in for reporting
What building Basin means for your project.
When we configure consolidation logic on your platform, it isn't the first time we've thought about how it should work — we've built the machinery ourselves.
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Codebase covering the close from trial balance to signed-off period
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Primary statements, every figure drilling down to its source
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Black boxes — we wrote every calculation the engine runs
Want to see it running?
We'll walk the close end to end on Basin's demo data — consolidation, journals, sign-off — and talk about what the same discipline looks like on your platform.