Welcome to our information hub, where we provide detailed explanations about various aspects of multi-entity month end
Does Xero work for multi-entity group businesses?
Managing the financial intricacies of a multi-entity business can be a daunting task, with complexities that often leave even the most seasoned finance leaders scratching their heads. Does Xero truly work for multi-entity businesses, which must tackle a web of financial entities, intercompany transactions, and consolidated reporting? Let’s delve into the world of multi-entity on Xero.
What are intercompany loan accounts?
Intercompany loan accounts occur when multiple business entities, usually companies, are connected by shareholding and form a corporate group
What is loan account automation?
Loan account automation ensures that intercompany loan accounts will never again fall out of balance. Read on to discover how loan account automation works
What are intercompany charges?
If you need help understanding the world of intercompany charges, don’t fear! Read on to find out exactly what intercompany charges are.
What is recharge automation?
Intercompany charges are a critical part of accounting correctly where you have multiple related business entities. While the output is critical, the process for running intercompany charges has historically been cumbersome and time-consuming. It has required: