Hint: We do this really well
Our financial management system is built to address the needs of multi-entity financial management. In other words, companies that have a lot of companies love our accounting software.
One example is a residential real estate service company with more than 70 entities that had outgrown QuickBooks. They needed a robust accounting system that would scale with growth so they chose SBS.
Since going live, the accounting team has been thrilled with the new system. Dimensions lets users report in ways – and levels of detail – they never could in the past. The system's multi-entity architecture makes it easy to run a financial report for the organization as a whole or by region, division, district, property, even property unit. Being able to report consistently saves time and delivers timely information for smart decision making.
Five ways that SBS software supports multiple company accounting:
- Merge financial data from multiple companies with different charts of accounts
- Accommodate different fiscal calendars with flexible definitions of consolidation periods
- Control the consolidation of companies, the entities within companies, and the degree of summarization
- Consolidate actual, budget, and statistical amounts
- Maintain a consolidation log to support and track consolidation processing
We've talked with many entrepreneurs who launched their company with a basic accounting system only to learn that it doesn't scale. Have you hit the wall with QuickBooks Enterprise? Let us show you how our system will take you to the next level and beyond. Contact Us