Compare
Quoining vs Puzzle.
Both lean on AI to draft the work, then a human signs off. Quoining adds native multi-entity consolidation, intercompany, multi-currency, and the broader GAAP module stack on the same ledger.
| Quoining | Puzzle | |
|---|---|---|
| Multi-Entity & Consolidation | ||
| Multiple entities under one account | Native | Via Joiin integration (Core+) |
| Consolidated financial statements | Native | Via Joiin integration (Core+) |
| Intercompany transactions with auto-eliminations | Native | Not disclosed |
| Multi-currency entities | Native | Not disclosed |
| FX revaluation + CTA per-period snapshots | Native | Not disclosed |
| Entity-level permissions | Not disclosed | |
| AI & Automation | ||
| AI auto-categorization of bank transactions | ||
| AI close anomaly / accuracy checks | ||
| AI drafts period-end adjusting entries across subledgers for review | ||
| Human-in-the-loop (nothing posts without approval) | ||
| Natural-language finance assistant | ||
| Permission-gated approval queue with revalidation at execute time | Not disclosed | |
| AI proposes setup changes (GL accounts, default accounts, approval rules) | Not disclosed | |
| Variance analysis at close | ||
| GAAP Module Stack | ||
| Revenue recognition (named ASC 606) | Revenue rec on Complete+; ASC 606 not named | |
| Fixed assets + depreciation schedules | Native | Fixed asset + depreciation automation |
| Prepaid expense amortization | Native | |
| Lease accounting (ASC 842) | Native | Not disclosed |
| Deferred tax (ASC 740) | Native | Not disclosed |
| Loans, debt, DIC amortization | Native | Not disclosed |
| Equity & cap table (share classes, dividends, splits) | Native | Not disclosed |
| Crypto & digital assets (ASC 350-60) | Native | Not disclosed |
| Inventory with FIFO/LIFO/WAC cost layers | Native | Not disclosed |
| Reporting & Books | ||
| Cash + accrual on same ledger | Native | |
| Real-time runway / burn / MRR / ARR | ||
| Automated footnote disclosures | Not disclosed | |
| Pricing & Setup | ||
| Published pricing tiers on the website | $30 / $72 / $120 / $360+/mo | |
| Self-service signup with trial | 14-day trial; Starter free until $20k tx volume | |
| Implementation consultants required | No | Not disclosed |
Comparison reflects publicly available marketing material on puzzle.io (homepage, /product, /pricing) as of May 2026. Quoining does not speak for Puzzle.
The case
When to choose Quoining over Puzzle.
- You need native multi-entity accounting: consolidated financial statements, intercompany with auto-eliminations, and multi-currency entities with FX revaluation. Puzzle's multi-entity comes via a third-party Joiin integration on Core and above.
- You need native GAAP modules across the stack: ASC 606 revenue recognition, ASC 842 leases, ASC 740 deferred tax, equity / cap table, loans with DIC, and crypto (ASC 350-60). Puzzle's public material names revenue recognition and fixed assets; the broader stack is not named.
- You want AI that drafts and proposes setup changes (new GL accounts, default-account assignments, approval rules), then routes everything through a permission-gated approval queue with revalidation at execute time.
- You like Puzzle's AI-first ergonomics and dual cash/accrual books for startups, and want a platform that also scales to a multi-entity, audit-ready close.