However, it only provides combined P&L and Balance Sheet reports.
This is cheaper than buying QB Enterprise Solutions but even more limited — you don’t get combined data for any other financial reporting you might need.
For example, what if you want to know which customers are late in paying you (Accounts Receivable) across all parts of your company?
Upgrading to Quick Books Enterprise Solutions only gets you a very limited set of cross-entity reporting.
If you want robust reporting, Intuit recommends you move on to solution #2 below…
Most Intuit customers, until now, will have to do this option.
All of the above reasons are true of reporting in general.
Insight Squared is reading data from five simultaneous company files and combining their data as if they were a single company. This means that, for example, when you see analysis of your Accounts Receivable over time, it is whole-company analysis because it includes all your data: Sam is founder and chief of product & marketing for Insight Squared.To accomplish the consolidation, follow these steps: Send and accept the invitation: When you sign in to Quick Books Online, all companies which are associated with your user ID will appear so that you can easily choose from among them.To switch between companies once they've been consolidated, go to the Gear icon and select Switch Company.Sam has an MBA from Harvard Business School and a B. You can consolidate multiple companies under one user ID.However, I do have some clients that do not use Quick Books Enterprise, opting to use Quick Books Pro/Premier or Quick Books Online instead.For organisations with multiple Quick Books entities, creating consolidated reports is easier than you think!If required, inter-company eliminations can be applied.Using Fathom you can easily track and monitor the performance of a consolidated group.If you want consistent, reliable, ongoing reporting of Financial data across multiple entities, Intuit recommends #3 below…In 2011-2012 Intuit launched its Marketplace for 3rd-party software.