Multi-Entity and Global Consolidations

Making growth easier

Intacct makes it easy to manage the financials for multiple locations and entities, whether your business structure is simple or complex, domestic or global. With Intacct, you can automate activities including currency conversions, inter-entity transactions, local tax reporting, and more. Eliminate manual effort, close the books faster, and bring on the growth.

Quick consolidations, quick close

Perform financial consolidations with a simple push of a button, so you can close the books faster and view interim summary figures at any time. Intacct produces a detailed journal entry report for every consolidation, giving you auditability. Your financial statements are ready when you are, and closing the books has never been this effortless.

Easy multi-currency management

Manage your business with confidence, whether you need to automate conversions for transactions or need to report in multiple currencies across the globe. Everything related to managing multiple currencies is automated in Intacct to save you time and increase accuracy. Intacct uses up-to-date exchange rates to create your currency conversions and revaluations. It gives you instant access to information on currency gains and losses. And it allows you to produce reports in headquarter's currency or the entity’s local currency.

Set up made simple

Instantly set up new entities with configurable rules for inter-entity transactions, bank accounts, and more. With Intacct, you can have new entities inherit your existing lists, process definitions, and charts of accounts. Or you can easily configure each new entity with unique definitions. If you want to centralize payables and receivables, you can. If you want to have multiple charts of accounts, you can. You make the rules, Intacct makes it easy.

Fast, flexible reporting

Get fast, accurate financial reports, regardless of your organization’s complexity. With Intacct's consolidation accounting, you can quickly compare performance across entities. You can choose your reporting currency and language. You can tailor local account titles to fit local regulations. And you can easily switch between consolidated and local views for further insight into the figures.

Key benefits

  • Go global with robust, accurate, and easy multi-currency management
  • Save time and reduce error with automated multi-entity consolidation
  • Support growth by streamlining new entity set-up
  • Increase visibility by relying on flexible, fully up-to-date local and global reports
One of the most powerful features of Intacct is its global financial consolidations. We have three entities with three currencies. The consolidation process before Intacct was a very, very painful process that took approximately 30-40 hours a month. Now, our consolidation process is as close to a one-button consolidation as you can get.
—Craig Stack
CFO
ProKarma