Multi-Entity Accounting | Empire
Enjoy complimentary data migration when switching from your existing CPA to Empire.
Multi-entity accounting

One clean finance view across every entity.

Empire consolidates books, intercompany activity, reporting, tax support, and compliance records across holding companies, subsidiaries, franchises, acquisitions, and global operations.

Day 5Target close delivery for recurring multi-entity packages.
50+State, international, and entity-level workflows supported.
Live rollupStandalone ledgers and consolidated reporting in one cadence.
Consolidation readiness
0%

Entity ledgers, intercompany balances, FX translation, and compliance documents tracked through a visible close queue.

Global Holdings Inc.
Parent
North America LLC
USD
EMEA Ltd
GBP
Consolidated reporting workspace
Live
Entity A ledger closed
Bank, card, revenue, and payroll reconciled
$482K
FX
EMEA translation synced
GBP to USD reporting package prepared
1.27
IC
Intercompany balance mapped
Due to and due from schedule reviewed
$35K
FS
Consolidated financials drafted
P&L, balance sheet, cash flow, notes
Day 5
Entities tracked12
Eliminations mapped$35K
Reports ready4

Separate ledgers. One operating rhythm.

Multi-entity finance gets messy when every location, subsidiary, or acquisition closes differently. Empire creates a repeatable system for entity-level books, intercompany activity, shared expenses, FX, and consolidated reporting.

Entity-level ledgers stay clean
Each business unit, subsidiary, or location has its own reconciled records and reporting package.
Intercompany accounts are visible
Transfers, allocations, loans, reimbursements, and shared expenses are tracked before they become cleanup problems.
The rollup is ready for leadership
Standalone reports and consolidated statements are prepared from the same monthly cadence.
See the consolidation workflow
Structure
Parent company

Holding company records, ownership view, consolidated reporting, and investor-ready financial packages.

1 view
Structure
Subsidiaries

Entity-level ledgers for domestic and international operating companies with clean monthly packages.

12 ledgers
Structure
Intercompany

Due-to, due-from, transfers, shared expenses, allocations, and eliminations tracked monthly.

$35K
Structure
Consolidation

A leadership-ready rollup that connects each entity without another spreadsheet fire drill.

Day 5

From separate books to consolidated financials.

A clearer monthly workflow for parent companies, subsidiaries, locations, and acquisitions.

01
Map the structure

Entities, ownership, currencies, bank accounts, systems, tax obligations, and reporting needs are documented.

02
Close each ledger

Bank, card, payroll, revenue, expenses, AR, AP, and balance sheet accounts are reconciled by entity.

03
Resolve intercompany

Transfers, reimbursements, shared costs, loans, and allocations are matched to supporting schedules.

04
Translate and eliminate

FX translation, eliminations, consolidation entries, and reporting adjustments are reviewed.

05
Deliver the rollup

Standalone entity reports and consolidated financial statements are delivered with close notes.

Reports that show the whole business and every piece of it.

Empire produces entity-level packages and a consolidated view, giving operators, boards, investors, and tax partners the context they need.

Standalone financials by entity
Review each subsidiary, location, portfolio company, or operating unit on its own.
Consolidated reporting package
P&L, balance sheet, cash flow, intercompany schedules, and close notes in one package.
Build cleaner reports →
May consolidation package
Ready for review
P
Consolidated profit and loss
Revenue, COGS, OpEx, entity contribution
Ready
B
Balance sheet rollup
Cash, liabilities, accruals, intercompany balances
Ready
FX
Currency translation
EMEA and APAC reporting converted to parent currency
Synced
IC
Intercompany schedules
Due-to, due-from, allocations, eliminations
Attached
Intercompany diagnostic
Balanced
Shared software allocationCosts split between North America LLC and EMEA Ltd.
$15K
Parent funded payrollShort-term advance mapped to operating subsidiary.
$42K
Management fee scheduleMonthly allocation reviewed and attached to close package.
Mapped
Consolidation eliminationsOffsetting balances reviewed before final reporting.
Clean

The part that usually breaks gets its own system.

Intercompany activity is where multi-entity accounting becomes fragile. Empire keeps those balances visible, documented, and reconciled every month.

Due to and due from

Track balances between parent companies, subsidiaries, franchises, and locations.

Shared expenses

Allocate software, payroll, contractors, rent, and operating costs consistently.

Transfer support

Link bank transfers, reimbursements, management fees, and internal loans to schedules.

Clean eliminations

Prepare the rollup without leaving hidden balances inside the consolidation.

Works across the tools each entity already uses.

Empire supports the systems that feed a complex close: accounting, banking, payroll, billing, cards, commerce, and payment platforms.

QuickBooks
Xero
NetSuite
Plaid
Mercury
Brex
Ramp
Gusto
Stripe
Carta

A consolidation partner, not another spreadsheet process.

This page should make the argument clearly: Empire is built for multi-entity finance operations, not manual rollups that get rebuilt every month.

Capability
Empire multi-entity
Traditional process
Entity visibility
Standalone ledgers and consolidated views
Separate files, exports, and manual checks
Intercompany tracking
Due-to, due-from, transfers, and allocations reviewed monthly
Often discovered during year-end cleanup
Multi-currency reporting
FX schedules and translated reports included in close
Manual spreadsheet formulas and inconsistent assumptions
Tax readiness
Entity records, schedules, and support kept organized all year
Information gathered only when filing pressure starts
QUESTIONS, ANSWERED

Multi-entity finance that feels clear from day one.

Straight answers for founders, operators, and finance teams managing multiple entities, currencies, locations, or ownership structures.

01
Map the structure
Entities, ownership, systems, currencies, accounts, and obligations are reviewed first.
02
Build the rhythm
Ledgers, intercompany entries, approvals, FX, and reporting follow a repeatable cadence.
03
Report the rollup
Get entity-level views and consolidated financials without spreadsheet cleanup.

Trusted by operators managing complexity.

Consolidate the business without the chaos.

Move from disconnected entity books and manual spreadsheets to one dependable multi-entity accounting rhythm.

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