Consolidate multiple entities
from QuickBooks with ScaleXP

Currency consolidation for QuickBooks

Foreign currency translation, or multi-currency consolidation, is the process of converting a range of finances in different money systems into a single form of currency. 

Information from all the different operating entities must be available in one place for consolidation. You also need to track appropriate foreign exchange rates for different points in time and different currency combinations using different rules for different accounts and time periods.

The easiest way to consolidate across multiple entities in different currencies is to use specialist software that can automatically apply all the appropriate IFRS rules while giving you traceability and flexibility. ScaleXP is an excellent and cost effective solution for efficiently consolidating divisions across countries and/or business entities.

Streamline Financial Consolidation with ScaleXP

Multi-entity consolidation for QuickBooks

ScaleXP can consolidate data from any QuickBooks entity, including QuickBooks Online and QuickBooks Desktop. Data is imported daily through an automated sync process. 

With the data imported, ScaleXP does all the hard work for you, speeding up the close and freeing up your time for analysing and presenting the information in the way that suits you best.

What other systems can I consolidate in ScaleXP? ->

ScaleXP quickbooks consolidation tool

ScaleXPs' multi-currency software

Our specialist software enables multiple currency consolidation across the leading financial and sales systems. Enabling you to report on your choice of entities, time periods, performance metrics which includes charts and graphs that update automatically.
We automate the tedious task of translating international accounts into a single currency as well as consolidating accounts across multiple countries and/or legal entities.
Reports across departments

Benefits of QuickBooks consolidation with ScaleXP

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Always up to date

You can chose to auto-sync data, daily, or click to sync now. Updating the data across multiple entities takes less than a minute.

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Easy set up process

Consolidate accounts across all your companies to create a single view of multiple companies and countries.

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Track key metrics across legal entities

Number of customers, revenue upgrades, downgrades, recurring revenue, revenue per customer and so much more are presented in reports or graphs and are easy to share with the business.

All ScaleXP customers are onboarded over a one-hour Zoom call, which ensures you get value from the system immediately. At the end of the hour, your financials and key metrics will be consolidated.

Company consolidation, even multi-currency consolidation, is so much easier and faster using ScaleXP. ScaleXP does all the tedious work for you, freeing up your time for more valuable tasks, and analysis of the information.

What else can I do with QuickBooks in ScaleXP? ->