Why Quoining
Why operators choose Quoining
Multi-entity organizations require GAAP-compliant accounting with multi-currency support and intercompany eliminations that work reliably. Quoining delivers these capabilities with a modern, efficient approach.
Advantages
Six reasons organizations choose Quoining
Multi-entity from day one
Many accounting platforms treat multi-entity as an afterthought. In Quoining, it is the architectural foundation. Add entities, consolidate financials, and manage intercompany transactions natively.
SmartGL does the boring work
Import your bank statement or connect via Plaid. SmartGL's Claude AI categorizes every transaction, maps it to your chart of accounts and departments, and generates the journal entries. You review and post.
Enterprise capabilities for growing teams
Multi-entity consolidation, intercompany eliminations, ASC 606 revenue recognition, FX revaluation, custom fields, and document management. All included from day one with transparent, predictable pricing.
Set up in minutes, not months
No implementation consultants. No 6-month onboarding. Create your account, import your chart of accounts, connect your bank, and you're running. Most users are operational in under an hour.
Real multi-currency support
Not just multi-currency invoicing. Entity-level functional currencies, daily ECB rate feeds, period-end FX revaluation with auto-reversal, realized gains/losses on settlement, and IAS 21 consolidated translation.
Enterprise controls built in
SAML SSO with domain enforcement, approval workflows, period locking, role-based permissions, entity-level access controls, two-factor authentication, and a complete audit trail. Separation of duties enforced, not optional.
Workflow
How it works
From bank statement to audit-ready financials in four steps.
Connect your data
Connect bank accounts via Plaid, upload your chart of accounts and opening balances. Or start fresh. Quoining provides a standard GAAP chart of accounts to get you going.
Let AI categorize
SmartGL reads your bank and credit card transactions, categorizes them against your chart of accounts, and presents them for review. Accept, adjust, or override. It learns from every decision.
Post to your GL
Reviewed transactions post to your general ledger as proper double-entry journal entries. Bills, invoices, and payments generate their own JEs automatically through the SmartGL engine.
Close and report
Run through the period close checklist, reconcile your bank accounts, post accruals, and generate audit-ready financial statements. Balance sheet, P&L, cash flow. Always current.
Comparison
How Quoining compares
| Quoining | Alternatives | |
|---|---|---|
| Setup time | < 1 hour | Weeks to months |
| Pricing model | Transparent, per-month | Variable, often per-entity |
| Entities included | 2 free, unlimited on Enterprise | Varies by plan |
| Implementation consultants | Self-service | Often required |
| AI categorization & footnotes | Included | Limited or unavailable |
| AI financial assistant | Included | Limited or unavailable |
| AI natural language time entry | Included | Not available |
| SAML SSO with domain enforcement | Included | Enterprise add-on |
| Team-based supervisor approvals | Built in | Varies |
| Custom fields / dimensional accounting | Built in | Varies |
| Equity & cap table (share classes, org chart) | Built in | Not available |
Everything you need