Glossary · Accounting tools
Multi-entity
Also said as
multi-entity consolidationmultiple entitiesconsolidated reporting
Multi-entity means one software setup handling books for several legal entities — separate companies, one consolidated picture.
Why it matters to your business
If you run more than one LLC or company, most mainstream plans simply can't consolidate them — the feature marks the line between small-business software and mid-market systems.
The catch · what vendors don't say
Multi-entity is a common 'not included' — it's one of the first things to check before you commit, because the answer is usually an enterprise tier or a hard no.
