Consolidation Software – Reports in Just One Click

Typically priced for larger businesses, great consolidation accounting software is a Group Accountant’s dream. Unfortunately, these complex applications are out of reach for many growing enterprises, who are still trying to consolidate using spreadsheets. Consequently, month end reporting is time-consuming and error-prone, particularly if you’re working with different systems and in different currencies.

Meet AccountsIQ, a smart, yet affordable Cloud accounting platform with Accounting, Consolidation and Business Intelligence in one powerful solution.  Finance teams can save a week a month with automated consolidation across multiple currencies,  streamlined month end close processes, accurate real time reporting and gain better financial control.

Remove the frustration of having to do manual workarounds and discover why AccountsIQ makes consolidation so easy

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AccountsIQ’s main success for us has been the efficiency it has brought to the business. The product is a good fit for our pretty complex accounting requirements and AccountsIQ gives us real value for money. We can consolidate 80 entities in a few minutes.

Lee Camp, Finance Director, Salamanca Group

See AccountsIQ’s Consolidation Software in Action


Many accountants manage their consolidation by way of simply amalgamating accounts, rather than having a system which can automate more complex protocols and provide real-time reports.


AccountsIQ’s consolidation accounting software removes these frustrations by providing true and timely, complex financial consolidation at an affordable price. AccountsIQ gives you a clear view through your Group accounts in real time, in just one click, and in any currency you choose.


We’ve tackled the problem in a unique way. By linking the range of branch-level ledger codes to a common set of group codes, AccountsIQ financial consolidation software allows your subsidiaries to enjoy individual coding structures while you retrieve and drill down the data that you need, in just one click, at any time.

Download Consolidation Guide Download Group Finance Report Consolidation Features

AccountsIQ’s enriched consolidation module brings you all of the key aspects of true consolidation. It is designed to understand and allow for:

Complex ownership including partial ownership, minority interests and Groups within Groups

Automated inter-company transactions and elimination

Post-consolidation adjustments at Group level

Multi-currency trading to ensure every subsidiary is using common (centrally-controlled), daily exchange rates

Consolidated budgets and revised budgets, actuals and variances, rolled up from subsidiary holdings and with the ability to drill back down

AccountsIQ’s consolidation accounting software can be installed as a stand-alone reporting module where trial balances are imported before consolidation, or it can be used by each subsidiary as its primary accounting system then linked into the overall Group structure for consolidation.

Read our article for ICAEW on overcoming international accounting challenges; managing multiple currencies, intercompany recharging and the FX functionality your accounting software should have.

Learn more about how our award-winning software is the perfect fit for group companies.

  • Consolidate multiple subsidiaries including sub-Groups
  • Manage complex ownership such as minority interests
  • Handle foreign currency and centrally control exchange rates
  • Perform month end currency revaluations
  • Analyse budgets, actuals and variance across the Group
  • Simplify inter-company charging
  • Provide Group Sales and Purchase Analysis
  • Benchmark performance and analyse trends across the group

We evaluated a number of accounting software packages but AccountsIQ was the one we ran hardest at. The accounting can be as simple or as complex as you need, new entities are easy to add as the business grows, yet it tackles some heavyweight processes like consolidation and multicurrency reporting with ease.

Marcus Karia - Group Financial Controller, Arix Bioscience

Designed for the cloud, AccountsIQ is unique in providing Accounting, Consolidation and Business Intelligence in one powerful solution.

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