AccountsIQ is a multi-entity accounting system designed for group consolidation. It supports multiple entities including subsidiaries, branches, and holding companies within a single system. The platform handles multiple currencies with automatic foreign exchange translation. The system uses a consolidation entity structure where all subsidiary data rolls up to a top-level entity. Each subsidiary operates in its own currency such as GBP, EUR, or USD. Sub-consolidation layers are supported, allowing entities to consolidate at intermediate levels before rolling up to the parent group. The Consolidation Manager is the central configuration area where entities are mapped and currencies are set. The system performs one-click consolidation by verifying all consolidation rules and consistency checks before completing the group accounts. The Consolidated GL Explorer provides access to profit and loss, balance sheet, and trial balance reports. It displays a 3-tier chart of accounts showing balances from all subsidiaries. Users can drill down from any figure to view underlying transactions without switching between entities. The explorer allows comparison of actuals against consolidated budgets and filtering by dimensions such as project, fund, location, or custom tags. Reports can be exported to Excel, Word, or PDF. The report library includes pre-built templates for balance sheets, cash flow statements, profit and loss, and management packs. Users can select which entities to include in reports, running reports for the entire group or specific subsets. Reports display group totals alongside individual entity figures with actuals versus budget and variance analysis. Intercompany eliminations are configured once and applied automatically during each consolidation. The system generates an intercompany matrix showing all intercompany flows across entities. Consolidated dashboards provide group-level views with filtering capabilities by entity or combinations of entities. Expenditure can be analyzed by dimensions including department, project, location, or revenue stream. Dashboards show spend distribution across the group by entity, general ledger category, or dimension. The dashboard suite includes profit and loss, balance sheet, working capital, and non-financial KPIs.