How does your consolidation software work?
Our consolidation software engine is a key feature of AccountsIQ. It makes it easy to consolidate multiple subsidiaries and manage complex ownership, handle foreign currency, centrally control exchange rates, and simplify intercompany recharging. It is an ideal time-saving solution for multi-company and multi-location businesses.
By linking the range of branch-level ledger codes to a common set of group codes, AccountsIQ allows your subsidiaries to enjoy individual coding structures while you retrieve and drill down the data that you need to give you a clear view through your Group accounts in real time, in one click, in any currency you choose. Read our blog on multi currency accounting for more info.