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We are moving off Xero solely because it cannot consolidate and you need to do this in excel. With 20 ledgers you can imagine my excel sheet is a beast !

As Carla says "This is an absolutely essential function that is offered by competitor products." Why on earth is it missing from Xero?

There is really no point in commenting on this as there is no one at the other end reading these posts. Hello Xero is anyone there? Hellllloooooo

Any update on this request, Xero?

This is an absolute essential function that is offered by competitor products.

I agree with this and would add it should also apply to Statements. I have a number of Branches within an entity who each require to be sent the invoice for approval. When they approve it they send it to H/O where it is consolidated. When the EOM statements are run all these entities are combined into one statement which goes to H.O. for payment.
A number of Accounts Packages cater for this as "H/O Accounting".

It would be grand if this was available in Xero.

We have 12 businesses under our subscription and it would be such a time saver to be able to run a trial balance for all entities at once. Instead we have to go into each company and export individual reports. This would also help with any required consolidation.

My request is a pre-requisite for making this work, you can't have the group reporting without meaningful intercompany accounting functionality. This means being able to run invoicing and bill processing to separate intercompany income, cost, receivable and payable accounts. This is also a must for meaningful entity financial statements disclosure where intercompany receivables, payables, income and cost are important if material and can impact tax too

Yes please!
Core business is in NZ but has operations in US currency in another country. Requires overall reporting in NZD which has different financial end of year reporting. One ends in 31 March and the other 31 Dec.
Finding ways to consolidate through Xero.

In my experience, the majority of growing businesses, will at some point set up Holding Companies and or subsidiaries. I was amazed to find that Xero didn't have the facility to consolidate as a matter of course. We need the feature ASAP!

Will be extremely useful for growing business needed to consolidate few xero files and combine it into different tracking categories. If this ability is implemented, accountant could focus more time on reviewing and comments. Better use of time suggesting further move instead of sorting data every month end and do adhoc reporting through spreadsheet.

Consolidating various xero company accounts into one "consolidated parent company" business reporting feature.

We are a start up, but have one parent company with many subsidiaries. Consolidating 7 companies into one cash flow, one balance sheet and one P&L is time consuming and difficult to do. Having this built into Xero would save an enormous amount of time for us. Other accounting softwares have this tool, and it would be great if XERO could look at developing this mechanism

Joiin and fathom both consolidate multiple entities and take feeds straight from Xero. Joiin I think is better as it will also consolidate budgets based on tracking categories.

Hi Shane

Share with us if you find another accounting software provider that provides this feature. We will be interested to explore.

Unless this feature can be added asap, were going to have to move our 30+ entities to another accounting software provider.

Such an important function...eagerly waiting for Xero to implement!! Save time and effort which is what Xero is all about right?

Being able to consolidate across different Xero accounts would be amazing and save a lot of time !

There are a number of functions that one would expect accounting software to have that Xero fails to provide and this is one!

This is a very important function for international businesses. I know of so many companies with multiple branches or individual entities. Being able to summarize this data would be very useful!

... also it would make it much easier with generating sequential numbers when creating invoices, POs, etc.

needed