FAQs

Yes. AccountsIQ allows users to upload existing budget templates, making it easier to bring budget data into the platform rather than rebuilding it manually.

AccountsIQ supports both fixed budgets and ongoing reforecasting. Teams can create an original budget, revise forecasts as business conditions change, and compare updated figures against the original plan.

Yes. AccountsIQ provides comprehensive historical data for each asset, including past adjustments, postings and status updates, helping maintain stronger financial controls and resolve queries quickly.

AccountsIQ provides reporting on net book value, depreciation and journals, with detailed visibility into asset activity. Reporting is also supported by a full audit trail.

Yes. AccountsIQ lets you create, add, dispose of, transfer and revalue assets in one place, making it easier to manage the full asset lifecycle.

Yes. AccountsIQ’s Fixed Asset Register automates depreciation, helping finance teams manage assets more efficiently and accurately.

Yes. AccountsIQ’s dashboards and reports are fully interactive, allowing you to move from high‑level KPIs to the underlying transaction details without leaving the system.

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For example, you can start with a margin variance and drill down to the specific invoice or entry that explains the variance.

Yes. AccountsIQ Business Intelligence is designed for finance users rather than developers.

Using 250+ pre-built reports as building blocks, you can configure dashboards by role, department, or user and choose which charts and reports appear.

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Yes. AccountsIQ uses role-based access controls to manage visibility across entities and departments.

You can:

·        Restrict users to specific subsidiaries

·        Limit access to selected dashboards or reports

·        Define user-level permissions

·        Maintain governance across multi-entity groups

This supports collaboration while protecting sensitive financial data.

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AccountsIQ Business Intelligence provides real-time dashboards and financial analytics as soon as transactions are posted.

With 250+ pre-built reports and dashboards, you can usually start seeing useful insights as soon as your chart of accounts and BI codes are set up and you have started posting transactions.

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From next level reporting, to simple consolidation, seamless integrations and advanced business intelligence, our features are all designed to help you work better and achieve more. See more about our market-leading features here:

Access Dimensions can support complex finance environments, but many teams still rely heavily on Excel for intercompany eliminations, FX adjustments, and group consolidation. Businesses with growing multi-entity needs often look for platforms with more built-in consolidation capability.

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Compared with Access Dimensions, AccountsIQ provides stronger built-in automation for modern finance teams. This includes accounts payable automation, approval workflows, reporting automation, and streamlined period-end processes. Many organisations in the UK and Ireland choose AccountsIQ to reduce manual tasks and improve finance team productivity.

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Consolidation setup typically includes:

• Defining group structure and ownership relationships

• Mapping local charts of accounts to group codes

• Configuring currencies and FX translation rules

• Setting intercompany elimination rules

• Defining reporting periods and budgets

Setup is delivered through a structured implementation process to ensure accurate and compliant group reporting.

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Yes. The system minimises mismatches by controlling inter‑company postings. Inter‑company purchase invoices remain unposted until they are accepted and correctly coded in the receiving company. This approach keeps inter‑company accounts balanced at the group level before you run a consolidation.

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Implementation time depends on the complexity of your group. AccountsIQ works with you to design your group structure, map charts of accounts, set up FX handling and consolidation rules. Because it’s a project‑based process, timelines vary; your implementation partner can provide an estimate based on the number of entities, currencies and reporting requirements.

Yes, AccountsIQ is built specifically for multi-entity groups and multi-currency environments. Each entity handles books individually, while giving you accurate and real-time group consolidation.

It supports:

·        Complex group structures

·        Ownership percentages

·        Cross-border entities

·        Central FX translation

·        Consolidated reporting in real time

This makes it suitable for growing groups, holding companies, and international organisations.

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Yes. AccountsIQ streamlines consolidation by allowing instant, real‑time group consolidation across multiple entities and currencies. It automates FX handling and simplifies inter‑company transactions, so you can avoid manual, spreadsheet‑based consolidation each month. Because each entity’s books roll up into a single consolidated view, finance teams can close periods faster and focus on analysis rather than data re‑entry.

Yes. AccountsIQ offers a wide range of dashboards that you can tailor to your business. Examples include group and entity-level financials, cashflow forecasting, sales and revenue pipeline views, risk and KPI tracking, and role-based performance metrics—though this list isn’t exhaustive.

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Yes. AccountsIQ stands out because it combines several advanced reporting capabilities:

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Yes. AccountsIQ's consolidation features allow you to run instant, real-time group consolidations across multiple entities and currencies. Each entity can operate with its own ledger, currency and reporting structure while still rolling up into the wider group through one click consolidation.

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FX handling can be automated using centrally managed average and period-end rates, as well as simplify inter-company transactions.

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Yes, you can absolutely build most of your monthly management pack inside AccountsIQ. Use the 250+ pre-built reports and set up dashboards for P&L, balance sheet, cash flow, KPIs, and margins. Then, save the reports you use and run the same pack each month, with drill-downs when you need it.

If you still need a board pack in PowerPoint or PDF, do the analysis in AccountsIQ first, and then export key pages for the final presentation, instead of building everything in Excel.

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Yes. Most standard and consolidated reports can be exported directly to Excel, PDF, and Power BI via our OData live connector. Simply choose the export format and download.

For group and consolidated reporting, there is a ‘one-click’ group reporting that you can then export in the same way.

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If AccountsIQ doesn’t currently support a specific integration you need, you do not necessarily need to look for a different finance system.  

AccountsIQ utilises Open API to build custom integrations where they aren’t already available, and we have a dedicated integrations team to design and implement integrations.

Once an integration with a partner is developed, it becomes available to all users.

Yes. AccountsIQ can integrate with payroll systems via its open API.  The platform consolidates data from multiple apps—including CRM and payroll—to give you a single financial picture. Among its plug‑and‑play partners is BrightPay, a payroll application. Because integrations are handled through an open API, AccountsIQ can pull in payroll data alongside other operational systems without manual re‑entry.

Yes. AccountsIQ connects to many electronic banking systems.  Statement lines flow automatically into the platform, where they’re smart‑matched against invoices and entries. Bank reconciliation is automated to save time, and the system generates suggested payment runs and cash‑flow forecasts using live bank and accounts‑payable data. The integrated setup also supports automated bank feeds with smart matching, so you can say goodbye to manual imports and spreadsheets.

New users can start with AIQ Academy, AccountsIQ’s online e-learning platform with structured courses, videos and guided learning. They can also use the online help resources (how-tos and support articles) available on the web and from within the product.

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Yes—users can access online help resources and structured training through AIQ Academy to resolve common questions without logging a ticket. Users can also utilise Smart Help within the platform to find useful resources.

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AccountsIQ support is 100% UK & Ireland based, with a 27 minute average response time.

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Use the support option inside your AccountsIQ instance (where your organisation’s ticket route is configured), or go via the AccountsIQ contact/support page and select Support.

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