Category

Financial Reporting & Multi-Entity Consolidation Software

Multi-entity consolidation and reporting for Xero and QuickBooks.

Reviews

Guides

How to choose

Quick Answer

Groups running several companies on Xero or QuickBooks Online usually start by consolidating in spreadsheets. That works until entity count, currencies or intercompany transactions grow. Consolidation tools connect to each ledger, map charts of accounts, apply currency conversion and eliminations, and produce group-level P&L, balance sheet and cash flow reports.

What to Compare

  • Accounting system support. Native connections to the ledgers you actually use.
  • Pricing basis. Many tools price by number of connected entities rather than users; check where your group sits.
  • Eliminations and currencies. How intercompany eliminations and multi-currency conversion are handled.
  • Reporting output. Board packs, Excel add-ins and scheduled report delivery.