Multi-entity accounting and one-click consolidated reporting.

Entity structure

Parent, subs, holding companies, all in one workspace.

Define each legal entity with its own functional currency, chart of accounts mapping, fiscal calendar, and user access. Switch contexts from the entity picker; reports respect the entity you're viewing or the consolidated rollup if you select all.

• Entity-level functional currencies with daily ECB rate feeds.
• Entity-level role permissions: users see only the entities they're granted.
• Per-entity period close, with the option to lock entities independently.
• Up to 1 entity on Essentials, 5 on Growth, 15 on Enterprise.

Consolidation

Entity columns plus eliminations, on every report.

The financial statement suite renders a column per entity alongside an eliminations column and a consolidated total. Drill from a consolidated row into the entity-level detail, then into the source GL entry. Eliminations post as paired entries so the audit trail stays intact.

• Consolidated balance sheet, income statement, and statement of cash flows.
• Consolidated statement of changes in equity (SOCIE).
• Drill-through from consolidated totals to entity rows to source JEs.
• Cross-currency consolidation with CTA posting on translation.

Eliminations

Intercompany activity nets out automatically.

Mark transactions as intercompany when you record them. Quoining creates the paired counterpart in the other entity and posts the elimination on consolidation. Investment in subsidiary and equity method holdings can be configured to eliminate against retained earnings.

• Paired intercompany journal entries with auto-counterpart generation.
• IC reconciliation report ties out the two sides before close.
• Configurable elimination accounts and elimination policies per pair.