Consolidate accounts with ease

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.