Growth often brings on new challenges that your QuickBooks software isn’t designed to handle—like adding new business entities or managing accounting from remote locations. If you’ve been experiencing the time drain and complexity of multiple QuickBooks files, know that there is a better way.
Streamline your multi-entity accounting
With Sage Intacct cloud financial management software, all your business entities reside in one system. From the top level, or root, you have access to each of the individual entities just by sliding into them. You can set them up to all have the same chart of accounts or different charts of accounts.
Inter-entity transactions are simple to create and easy to track. Different entities can even use different base currencies. People working at the entity level have the feel that they’re working in a single company, making their experience quick and easy.
Permissions made easy
Permissions often become another area of concern in a growing company with multiple entities and locations. You want to provide self-service to people for things like reporting, but you don’t want them to have access to everything.
Sage Intacct provides permissions that can be scaled to just the location the user works in and to just the area that person needs to see. For example, you may want a person to be able to enter sales orders for their entity, but they don’t need to see everything that’s going on in purchasing. Also, you may want a manager to be able to pull a report just for their department without being able to delve into the financial information of the whole company. Giving people self-service access lets them get to the information they need—when they need it—to help their part of the company grow, and you don’t become a single source for constant requests.
Quick consolidations for faster decision-making
One of the biggest time drags for QuickBooks users with distributed organizations is the inability to quickly consolidate information at period close or when it’s needed for decision-making. Sage Intacct’s multi-entity structure allows you to consolidate multiple entities with just a couple of clicks. You just select the entity you want to include in the consolidation. This can be all your entities or just a particular group. All the information is rolled up and accessible for reporting. You can even include entities with different base currencies and have them roll up to the base currency of your root entity.
Ready, set, grow
Whether you’re growing geographically or creating diversified business units, Sage Intacct keeps you in control across your organization. And with Trustantial on your side, you can be confident knowing that you have a dedicated team of experts who are committed to your success. We’re there with you every step of the way, from choosing the right financial management/ERP system to implementing and integrating it to fit your business’ unique needs. Don’t let QuickBooks stunt your company’s growth. Contact Trustantial and get ready to grow with confidence.