Multi-entity accounting software Every entity.
One close.

Consolidation, intercompany, and multi-currency in one cloud accounting platform, for groups of 2 to 300 entities across the UK and Ireland.

  • 4.5 on G2
  • ISO 27001 certified
  • 35,000+ finance users

Scroll to consolidate six entities in four currencies

Trusted by over 35,000 users in over 85 countries

Salamanca Group GP Bullhound AES International Camile Thai Hibernia REIT Apera Asset Management
Consolidation

Consolidate the whole group in a single click.

Multi-entity consolidation pulls directly from every entity’s ledger, for up to 300 trading entities and their sub-groups.

  • Decide what rolls up: general ledger, sales, purchases, and analysis dimensions
  • Group entities by region, division, or fund, then roll each sub-group up
  • Ledger changed? Run it again. No spreadsheet to rebuild

Around 80 companies consolidated in one click, and no more than five minutes a month creating reports.

Lee Camp · Finance Director, Salamanca GroupRead the story

Explore consolidation

Intercompany accounting · try it

Record it once. It eliminates on consolidation.

Drag the invoice from Pantheon Inc to Pantheon Capital. It posts once, arrives on the other side in euros, and eliminates at consolidation.

PIPantheon IncParent · LondonGBP
Shared servicesCost centre 410£1,284,600
Payroll · MarchPosted 28 Mar£612,050
PCPantheon CapitalSubsidiary · DublinEUR
Rent & ratesPosted 1 Mar€88,240
Drop the invoice here
Pantheon Group · intercompanyWhat the consolidation will see £0 Nothing posted

“You can look at the consolidated accounts and see that it all zeros out.”Joanne Brown · Financial Controller, E&J EstatesRead the storyWatch the intercompany webinar

Multi-currency accounting

Different currencies. One consistent group view.

Each subsidiary trades and reports in its own currency. The group translates on consolidation, not in a spreadsheet.

Try it: every group figure on this page re-translates. Each entity keeps its own currency.

£13,278,030Pantheon Group revenue, March

  • Set average and period-end rates centrally, once for all entities
  • Report the group in its currency and each entity in its own
  • Month-end without typing rates into every single ledger

“This enables us to pull all our data into one place, into one currency, and it makes our reporting a lot easier.”

GP Bullhound · technology-focused investment bankRead the story

See how consolidation handles currency

Days three and four of a normal close

The work that usually
happens after dark.

Multi-entity features

Handled in the platform. Home by six.

The multi-entity close tasks that normally sit in Excel, from chart mapping and sub-groups to analysis, permissions, data imports, and drill-down.

Enterprise-level consolidation, minus the ERP price tag.

  • 1/6the cost of a full-scale ERP
  • 4–6weeksto go live on the fastest implementations, run by an in-house team
  • 27minaverage first response from UK & Ireland support
  • 300trading entities in one consolidation
“Not only did AccountsIQ streamline our day-to-day processes through automation, but it also handled our reporting and consolidation needs better than NetSuite – and at a fraction of the cost.”
Salamanca GroupLee CampFinance Director, Salamanca GroupRead the story
  • ISO 27001 certified
  • 250+ standard reports
  • 4.5 on G2
  • 35,000+ finance users in 85 countries

Day five

Group accounts done.
Before breakfast.

“It used to take two weeks to do our accounts; with AccountsIQ and other improvements, we now get our accounts out in five working days.”

Wayne Copeland · Head of Finance, AES InternationalRead the story

  • Your group structure
  • Your intercompany flows
  • Your month-end process
  • A quote on your entities and users

FAQ

Multi-entity accounting questions from finance teams

Multi-entity accounting software manages the books of several legal entities in one system. Each entity keeps its own ledger, currency, and chart of accounts, while the software handles intercompany transactions, eliminations, and group consolidation.

AccountsIQ does this in one cloud platform for groups of 2 to 300 entities across the UK and Ireland.

Single-entity accounting software records the transactions of one company. Multi-entity accounting software runs several companies side by side and adds a group layer: a shared chart of accounts, intercompany matching and eliminations, currency translation, and consolidated reporting. Without that layer, groups usually consolidate in spreadsheets each month.

Xero covers one organisation per subscription and has no built-in consolidation. Groups on Xero typically combine entities in spreadsheets or through a third-party add-on.

AccountsIQ consolidates every entity from its own ledger, with intercompany eliminations and currency translation in the same platform.

An intercompany transaction is a sale, recharge, or loan between two entities in the same group. It is recorded in both entities, then eliminated at consolidation so group figures are not overstated.

In AccountsIQ, an intercompany invoice posts once, arrives in the receiving entity in its own currency, and eliminates at consolidation.

AccountsIQ consolidates up to 300 trading entities in a single consolidation. Sub-groups by region, division, or fund can consolidate separately and then roll into the group.

Salamanca Group consolidates around 80 companies in one click.

Each entity trades and reports in its own currency. At consolidation, AccountsIQ translates entity results into the group currency using average and period-end rates set centrally for every entity. Nobody re-keys rates into individual ledgers at month-end.

The quickest AccountsIQ implementations go live in 4–6 weeks, delivered by an in-house team. Timelines depend on the number of entities, the data being migrated, and how complex the intercompany flows are.

E&J Estates migrated 20 entities from Sage in two months.

Pricing varies by vendor, entity count, and number of users. AccountsIQ quotes on your group’s entities and users, at around a sixth of the cost of a full-scale ERP. Book a demo to get a quote for your group structure.