Multi Entity Accounting Software
Multiple entities, one solution
Manage unlimited subsidiaries, business units, compliance needs, and legal entities in one place. Add new entities any time.
Get full, centralized visibility
Real-time metrics. Multiple companies. One comprehensive view.
Dive into transactions with just a click. Get the full picture across all your entities and locations. As your enterprise grows, DualEntry scales to support additional users, entities, and currencies without losing speed or accuracy. Integrate new companies seamlessly.
Master multi-entity management
Intercompany automation
Consilidate confidently with automated intercompany transactions. Easily manage and sort transactions on a centralized dashboard. No need to toggle between different accounting systems.
Intercompany AR / AP
Efficiently reconcile intercompany balances without manual adjustments. Create flexible journal entries for both one-off and recurring transactions. Automate recharge calculations to reduce errors.
Automated consolidation and elimination
Speed up your close with automated multi-entity consolidations. Post transactions in real time, at both subsidiary and elimination level, to consolidate faster while keeping your data in sync.
Unified, flexible reporting
Maintain a standardized GL while allowing regional entities to create custom charts of accounts. Accurately post local transactions to parent accounts, eliminate data normalization, and create timely, consolidated reports.
Effortless set-up
Set up new entities without IT involvement in minutes, not days, and model your organizational structure as needed. Add entities and create tailored rules for inter-entity transactions with a few clicks.
Operational efficiency
Automate recurring tasks like journal-entry posting, billing, invoicing, and reconciliation. Create flexible definitions for new entities, inheriting existing lists or adding custom specifications.
Get financial clarity faster
Intercompany netting
Optimize your revenue-recognition strategy with DualEntry's intelligent suggestions. Let AI analyze contract structures, industry standards, and your historical data to recommend the most appropriate recognition methods. Automatically ensure compliance with IFRS 15 and ASC 606 while reducing manual decision-making.
Elimination and balancing
Streamline your contract-management process with AI-powered contract parsing. DualEntry automatically extracts key data from contracts, including performance obligations, payment terms, and billing schedules. This automation eliminates manual data entry, reduces errors, and accelerates the onboarding of new contracts.
Guided allocations
Enhance your financial integrity with advanced anomaly detection. DualEntry AI identifies potential revenue-recognition errors, irregularities, or fraudulent activities by comparing current patterns with your historical data. This real-time monitoring keeps your enterprise audit-ready and shielded from financial risks.
Consolidate in real time with global and local insights
Complete financial visibility
Get consolidated and entity-specific statements with instant dashboard insights. See key metrics—from group gross margin to consolidated operating income—in real time.
Customizable intercompany reports
Create tailored reports with advanced analytics for strategic planning. Schedule report delivery and automate the generation of key financial statements, including intercompany AP/AR reports.
Intuitive, self-service interface
Access real-time data and detailed drilldowns without technical complexities. View multiple company files side by side and run combined reports to improve your reporting accuracy.
Automate reporting and track currency fluctuations
No more waiting for month end
Run subsidiary-level or consolidated reports in real time—no need to double-count revenue or wait until month end. Automate complex CTA postings and eliminations, and apply multiple accounting treatments to a single transaction for smooth reporting.
Custom consolidated exchange rates
Manage currency fluctuations with DualEntry’s consolidated exchange rate tables, updated 24/7 via CurrencyAPI. Change configurations to view historical, average, and current rates.
Automate reporting and track currency fluctuations
No more waiting for month end
Run subsidiary-level or consolidated reports in real time—no need to double-count revenue or wait until month end. Automate complex CTA postings and eliminations, and apply multiple accounting treatments to a single transaction for smooth reporting.
Custom consolidated exchange rates
Manage currency fluctuations with DualEntry’s consolidated exchange rate tables, updated 24/7 via CurrencyAPI. Change configurations to view historical, average, and current rates.
Take the complication out of compliance
Multi-book ready
Run your books in local currencies and stay on top of taxes. DualEntry adjusts to the global or country-specific audit, tax, and data-security requirements relevant to your team. Optimize your close with concurrent posting to all books—eliminating manual work and enhancing accuracy.
Easy tax compliance
DualEntry integrates with Avalara and Vertex to automate live tax calculations across sales, purchases, and cross-border transactions. Whether you’re managing U.S. sales tax or VAT across Europe, stay compliant in 200+ countries with automated filing, reporting, and up-to-date jurisdictional rules.
Set up granular access controls
Control exactly who sees what by customizing access at every level. Your team follows the approval chain you design, with every action automatically documented for auditors. Stay compliant without the paperwork headache.
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Multi Entity Accounting Software FAQ
What is multi-entity accounting?
Multi-entity accounting is the financial management of multiple subsidiaries, business units, or legal entities, all under one system. The more entities operate under a company the more difficult and complex it becomes to manage their financial data. This is why if you manage multiple entities it is a good idea to use a multi entity accounting software.
What is the difference between single entity and multi-entity in accounting?
The difference between single entity and multi-entity in accounting is that single entity tracks the finance of a single company or legal entity, on the other hand, multi-entity accounting tracks multiple entities, each of which may have different currencies and tax rules, and centralizes the data, automates processes, and consolidates financial statements.
What is multi-entity accounting software?
Multi-entity accounting software is a tool that handles multi-entity accounting—automating multicurrency transactions, simplifying and automating inter-entity transactions, and consolidating reporting all in one system.
What is the best multi-entity accounting software?
The best multi-entity accounting software should be a modern ERP system that can handle all the accounting nuances of multi-entity accounting like: Intercompany AR / AP, Fast set-up of new entities, AI intercompany netting, AI-guided allocations, Consolidated exchange rates and tax compliance across different jurisdictions. These all should work in harmony and help your team save hours and not spend more trying to learn a complex piece of software from scratch. So, if you are a growing team struggling with multi-entity accounting you should definitely consider giving DualEntry a try.
How does DualEntry simplify multi-entity accounting?
DualEntry is probably the best ERP software with multi-entity accounting features as it is AI native and offers automations other software weren't built to offer. With DualEntry AI's netting and elimination tools you can automatically create transaction settlements and post elimination journal entries. AI-generated allocation suggestions based on your data and preferred form of expense distribution will save you tons of time and streamline closing. With real time reporting you can run subsidiary-level or consolidated reports at any time, without needing to wait until the month end, And these are just a few of DualEntry’s multi-entity features. To learn more contacts us here.
Does DualEntry handle intercompany transactions?
DualEntry not only handles intercompany transactions but with the AI intercompany netting and elimination tools it automatically creates transaction settlements and post elimination journal entries.
| Feature |  |  |  |  |
|---|---|---|---|---|
Unlimited entities | Limited by server setup; generally customizable via branches/entities | Limited; via consolidation company | Not supported | |
Drill downs | Limited; via consolidation company | Manual via report exports | ||
Centralized entity visibility | Requires consolidation setup | Multi-entity hub (IES edition) | ||
Intercompany AR / AP | Add-on (Intercompany Integration) required | Manual journals + intercompany add-on | Manual journal entries | |
Flexible rules | Basic setup via add-on configuration | Manual customization needed | Manual journal setup | |
Automated recharge calculations | Add-on or manual | Manual allocation | ||
Automated consolidation | Add-on (consolidation) required | Manual consolidation needed | Supported in IES edition | |
Real-time transaction posting | Dependent on consolidation setup | Not real-time between files | Simultaneous multi-entity not supported | |
Custom chart of accounts | Requires branch configuration | Separate per file | ||
Fast setup of new entities | Manual entity setup per DB | Manual file setup | Manual company file | |
Full customizability | Limited to file-level customization | Limited custom fields | ||
AI intercompany netting | Not supported | Not supported | Not supported | |
Automated elimination and balancing | Consolidation add-on required | Manual or partial | Available in IES | |
AI-guided allocations | Not supported | Not supported | Not supported | |
Live insights | Only via BI/analytics tools | Manual reports only | Provided via IES dashboards | |
Customizable intercompany reports | Manual reports only | IES custom report builder | ||
Multi-treatment transaction accounting | Not supported | Not supported | Not supported | |
Real-time reporting | Via consolidation sync | Manual data merging needed | Near real-time in IES | |
Consolidated exchange rates | Manual setup required | Manual per file | Manual/IES calculation | |
Multiple books | Not supported | Not supported | Not supported | |
Automatic transaction creation | Requires localization per entity | Localization by country only | Limited US/Canada only | |
Access controls | ||||
Tiered approvals | Workflow add-on needed | Manual approval only | Manual/IES workflows |
