ASC 830-30-45-13
CTA, computed correctly
The full four-component formula: opening NA x delta-rate, NI x (close minus avg), dividends, and contributions. The opening-balance retranslation Xero silently skips.
Multi-entity. Multi-currency. AI-accelerated. Audit-ready.
Multi-entity accounting, with AI you can audit.
Consolidation, intercompany eliminations, and multi-currency close on a GAAP ledger your auditor can verify line by line. AI Accountant drafts entries and proposes setup changes. Nothing posts without your approval. Every line has a name on it.
Enterprise-grade consolidation. AI you can audit. Predictable pricing.
14-day free trial on every plan. No card required on Essentials.
Integrates with
The banks, payment rails, and back-office tools your finance team already uses.
How consolidation works here
Consolidation that closes cleanly.
CTA, NCI, and intercompany eliminations run natively inside Quoining. Every figure traces back to a posted journal entry you can open and inspect.
ASC 810-10-45
NCI, automatically
Effective-dated ownership slices drive non-controlling interest on the BS and NCI share of earnings on the IS. Single- or two-statement presentation.
ASC 810-10-45-1
Intercompany, eliminated
Intra-entity balances, sales, expenses, dividends, and remaining internal profit are eliminated in full before the group statements are presented.
Entities in, consolidated out
Three currencies. One ledger. Zero spreadsheet gymnastics.
Each entity posts in its own functional currency. Foreign statements translate into reporting currency, IC activity eliminates in full, and CTA lands in OCI instead of net income.
Acme US
USDRevenue$1,240,000
NI$260,000
NI @ avg 1.0000$260,000
Acme EU
EURRevenue€ 680,000
NI€ 180,000
NI @ avg 1.0800$194,400
Acme APAC
JPYRevenue¥ 92,400,000
NI¥ 18,000,000
NI @ avg 0.00680$122,400
FS Translation · ASC 830-30-45
Revenue @ txn/avg2,602,720
Net income @ avg576,800
Assets/liab.closing rate
Equityhistorical
CTA to OCI/AOCI+14,260
IC Eliminations · ASC 810-10-45-1
IC revenue220,000
IC COGS/expense220,000
Unsold profitdefer if any
Eliminated100%
Consolidated Statements
Revenue, external2,382,720
COGS, external(1,146,400)
Gross Profit1,236,320
Consolidated NI576,800
NI attributable to parent552,320
NI attributable to NCI24,480
OCI/AOCI · CTA (allocated)+14,260
The SmartGL engine
Every bill, invoice, and bank line becomes a proper journal entry.
SmartGL synthesizes bank, credit card, bill, invoice, and payroll events into auditable double-entry postings. You review and approve before anything hits the ledger.
- Automatic JE generation from bills, invoices, and payroll
- Automated bank transaction categorization
- One-click GL posting after review
- Voided JEs reversed automatically on re-categorization
From PO to COGS · ASC 330
Real cost layers. True margin. Every SKU.
Quoining tracks FIFO cost layers on every lot received, so COGS ties to the actual inventory that sold, not a running average. Your gross margin on the P&L is the one your auditor would calculate by hand.
Step 1
PO issued
Vendor · PO-1042
Step 2
Received
Dr Inventory / Cr AP
Step 3
Cost layer
FIFO · 100 @ $42.00
Step 4
Sold
SO-7891 · 100 @ $65
Step 5
COGS posted
Margin $2,300 · 35.4%
Equity & cap table
One ledger that understands your equity.
Share classes, stakeholders, issuances, dividends, splits, and stock-based compensation. ASC 718 expense with vesting schedules and monthly accruals. Posted to the GL, not tracked in a spreadsheet.
- Record 409A reports & price options
- E-SIGN issuance acceptance
- Treasury stock & repurchases
- Monthly SBC expense posting
Automation that respects the ledger
Automated drafts. Human approval. Posted double-entry.
Every journal entry balances at the database. Every action is logged. Automation accelerates your close without bypassing your controls.
AI Accountant grounded in your GL
Ask in plain English; answers cite posted journal entries. Draft JEs, bills, invoices, and intercompany entries; propose chart or settings changes. Nothing posts until a permissioned human approves, with full audit trail.
Categorization you can audit
Bank and credit-card lines matched against your chart of accounts with the reasoning shown. Rules handle exact patterns; AI handles the rest. Categorizing never auto-posts — posting to GL is an explicit second step.
PDF, documents, and footnotes
Upload a bank or credit-card PDF and Quoining extracts every transaction. Forward vendor invoices to your inbox and AI drafts the bill. ASC-aware footnote drafts and flux narratives from real balances (footnotes from Growth).
Outliers, plan-gated, BYOK-friendly
GL outlier detection flags Z-score outliers, Benford deviations, weekend postings, and threshold dodging — each with an explanation. Growth and Enterprise. Bring your own Anthropic key to bypass Quoining-side spend caps; plan gates still apply.
Projects & time
Every project from kickoff to close, billed properly.
Monthly timesheets with natural-language entry, task-level tracking, team-based approvals, and full project billing across T&M, fixed fee, retainer, and milestone engagements.
- Describe hours in plain English
- Profitability, budgets, utilization
- T&M, fixed fee, retainer, milestone
- Team-based supervisor approvals
- Project-to-arrangement linking
- Workplace Associate portal
From clock to cash
Implementation hours become invoiced revenue, automatically.
Consultants log hours in plain English, supervisors approve by team, the billing rate on the T&M contract converts approved time into an invoice, and Quoining posts the AR and services revenue with the invoice, so your backlog, WIP, and revenue all reconcile at close.
Step 1
Time logged
3.5h · Client onboarding
Step 2
Approved
Supervisor · team gate
Step 3
Rate applied
$225/hr · T&M contract
Step 4
Invoiced
INV-2041 · Net 30
Step 5
Revenue + AR
ASC 606 · over time
Built-in modules
One platform. Every module.
Core modules on every plan. Advanced modules unlock as you grow.
Timesheets & Project Billing
Inventory & Cost Accounting
Revenue Recognition (ASC 606)
Crypto & Digital Assets (ASC 350-60)
Tax, 1099s, and Avalara AvaTax
Period Close with Flux Analysis
Anomaly Detection
Fixed Assets & Depreciation
Equity, Cap Table & SBC (ASC 718)
Debt, Interest & DIC (ASU 2015-03)
Lease Accounting (ASC 842)
Budgets & Variance Analysis
Multi-Currency & FX (ASC 830)
SAML SSO & Role-Based Access
Automation Assistant & Categorization
Close on time. Every time.
Month-ends measured in days, not weeks.
Automated accruals, flux analysis, and a close checklist your team can actually finish.
How it works
From bank statement to audit-ready financials.
Four steps. No implementation consultants.
- Step 01
Connect your data
Connect bank accounts via Plaid, upload your chart of accounts and opening balances. Or start fresh with our GAAP chart.
- Step 02
Automated categorization
SmartGL reads bank and credit-card transactions and categorizes them against your chart of accounts. You review before anything posts.
- Step 03
Post to your GL
Reviewed transactions post as proper double-entry journal entries. Bills, invoices, and payments generate their own JEs automatically.
- Step 04
Close and report
Run the period-close checklist, reconcile accounts, post accruals, and generate audit-ready financial statements.
Switching from?
Made for operators
A ledger your auditor will thank you for.
Controls, eliminations, and footnotes that generate from posted GL data instead of spreadsheet approximations.
Get in touch
Want help getting started?
Create your account anytime, or let our team help plan your migration: entities, currencies, reporting structure, and implementation priorities.
- Multi-entity consolidation planning
- Chart of accounts migration
- Intercompany workflow design
- Integration setup guidance
FAQ
Common questions
Is my data secure?
All data is encrypted at rest (AES-256) and in transit (TLS 1.3). We're GDPR and CCPA compliant, and a Data Processing Agreement is available for all plans.
Can I migrate from QuickBooks or Xero?
Yes. Import your chart of accounts, opening balances, customers, and vendors via CSV. Our team can also assist with migration at no extra cost.
Is there a free trial?
Yes. Every paid plan includes a 14-day free trial with full access to all features. Essentials starts with no credit card required; Growth and Enterprise collect a card during checkout to enable auto-billing when the trial ends.
Your books.
Closed on time.
14-day free trial on every plan. No card required on Essentials.