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.
• Shared vendors and customers with per-entity terms and default accounts; 1099-NEC files per entity under each entity's own EIN.
• 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.

CTA & NCI

CTA and NCI, computed correctly.

Cumulative translation adjustment runs the full four-component ASC 830-30-45-13 formula - opening net assets times the rate change, net income times the close-minus-average spread, dividends, and contributions - including the opening-balance retranslation other tools silently skip. Non-controlling interest follows ASC 810-10-45: effective-dated ownership slices drive NCI on the balance sheet and the NCI share of earnings on the income statement.

• Four-component CTA with opening-balance retranslation.
• CTA lands in OCI/AOCI, not net income.
• Effective-dated ownership drives NCI automatically.
• Single- or two-statement NCI presentation.

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.

Why Quoining

Consolidation that never touches a spreadsheet.

Teams typically hit a wall at two or three entities: entry-level tools force one file per company and a monthly spreadsheet merge, while traditional mid-market suites get there only after months of implementation. Quoining is multi-entity from the first day, with eliminations and CTA computed on the ledger, not in Excel.

• Real eliminations and currency translation, generated and posted as journal entries you can inspect.
• Add an entity in minutes, not as a re-implementation project.
• Consolidated statements roll up live from entity ledgers, so close never waits on a merge.