Consolidating quickbooks companies
Its primary purpose is for budgeting and forecasting, but provided you can download your G/L trial balance into the format needed to upload it into Adaptive Planning, you can very easily use it to do consolidations and other types of roll-ups.
For organisations with multiple Quick Books entities, creating consolidated reports is easier than you think!
See the big picture: get a consolidated view of the financial and non-financial key performance indicators (KPIs) for all your entities.
If your company has several divisions or wholly owned subsidiaries, consolidating financial statements from all of them gives you a complete picture of the parent company’s financial health.
Other thoughts: (1) Before you upgrade, check online for the restrictions placed upon a secondary file.
Mr/Ms Anonymous - First off I do want to say that if you think you have outgrown Quick Books, I would say you are correct, and I do not even know your company's financial status.
After transferring the data into the Quick Books file, you can run any of the Quick Books reports on the imported data.
Any suggestions (outside of using I have never used this application but I don't see why it wouldn't work for what you are looking to accomplish. The Report Combiner, extracts data from 1 to 999 Quick Books files and creates combining Profit and Loss statements and combining Balance Sheets.However, you don't state which version of Quickbooks you're using. This makes for a frustrating and time consuming user experience.One of the most common tasks I perform for my clients is consolidating or combining multiple Quick Books® files to create a combined set of financial statements.Most of my clients have Quick Books Enterprise, and that feature is built-in!
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I know people will disagree, but Quick Books is not great software if you are a company with millions in revenue, and consolidate. I work for a construction company that consolidates.