Enter your idea

Many of your users would see this as being required out of the box functionality, the fact that it can be provided by third part providers in the App store does present a certain level of conflict.

While you provide an update that the idea is not currently planned, you dont't tell your user community WHY ?

Notwithstanding your additional commentary, I dont understand the reason but I do see the corporate speak.

Hi everyone – Paul here from Joiin

We built Joiin to make multi-entity reporting simple for Xero users. It connects directly with your Xero organisations to create consolidated P&L, Balance Sheets, and Cash Flow Statements. You can also manage intercompany eliminations, map COAs, handle multi-currency transactions, push data to Excel via our new plugin and even track non-financial KPIs. You can use ‘Joiin Intelligence’, our new AI assistant, to surface insights, anomalies and much more. All included in a free trial.

You can find us on the Xero App Store.

I thought this would be one of the reasons Xero aquired Syft, so that we would gain this functionality within Xero. Are you saying there are no plans for the Syft dashboard to be able to provide a consolidated dashboard between two or more accounts?

That really is a shame as from an IT technical point of view it ain't so difficult. The challenge - as always is actually having users maintain group disciplines - common chart of accounts, and standard intercompany account codes for P&L and balance sheet. Commercially it would take xero into a whole new world of clients - so it seems more than daft not to pursue this

This is a sad news actually. Anyway, for those who are looking for another platform to consolidate reports from Xero, we are currently using QuickConsols. It helps as it can be integrated to Xero and forward balances from Xero automatically and can be set up in a way that all organization will have the same GL outline for consolidated FS. However, you still need to work-out other things through excel. Hopefully, Xero will take more enthusiasm in adding this feature so it would be easier for us to do consolidated FS.

I use Joiin. Still have to manoeuvre bespoke spreadsheets to tailor reporting for our Board members but it's made life much easier and it's evolved nicely in the past year

We use Syft to achieve this, but it doesn't consoldate everything we need so still end up using spreadsheets to consolodate, I have tried Fathom - which is also OK, but much more rigid in its reporting

I've just received the notice that there is yet another app compatible with xero that will do this.

What has been asked for is a basic function as are many requests, yet xero palm them off to outside apps that we need to pay for as add ons.

Why don't xero just do the work that is and has been available in MYOB for some time?

is there anyone using any of the Xero recommeded apps for this purpose?

Would apprecaite if there is any feedback about any of the apps available fo this purpose. Thanks!

This is very important to me - would also assist with lodging consolidated BAS which I do know but have to manually consolidate

what about letting us to export all the company TB at one go or PL or BS at one click of button

Really would like Xero to respond to this query as it's been on the table for sooo long with no response or timeline for fix

This is urgently required. We need to be able to provide Profit and Loss reports for individual divisions and then bring the profit /loss into a Combined Profit and Loss Report for head office. This is a basic accounting software reporting requirement, all other accounting programs that I have worked with provide this capability. Please make this high priority to fix, we shouldn't have to be fiddling around creating excel reports, etc.
Same goes for Xero still not having proper farming reports.

Why can xero not include this functionality.

Consolidation reporting for a group entities is needed.

I would like to be able to have reporting for each entity - plus an overall report. All of the entities are LLC's, and owned by the parent company - thus the tax reporting is consolidated....

Small group of companies. Parent company and 4 subsidiaries with very similar structure and in the same business. Need to report on consolidated (combined) performance wrt. AR, AP and general business analytics. We spend more time to export and consolidate outside of Xero, while all the helpful business snapshot reports are only available individual. Individual reports are not accurate as transactions occurs across entities

Unfortunately, you are not even able to open a screen for each company at the same time unless you do this in different web browsers.

This also is unreasonable if you have multiple companies you are working with.
How many browsers are secure and trustworthy for something such as your company financials?

Is there any update on this feature that is a 'must have'?

We have multiple company Xero files and would like to be able to consolidate three of them for BAS purposes. Merge two subsidiary companies into the parent company for BAS returns. Thís would be so helpful and easier than downloading all the spreadsheets and merging.