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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.

We are moving 2 of our companies on to Xero, 2 are already there, and we really do need to be able to consolidate reports between the group of accounts.

So the sooner this idea is put into practice the better, seems it has been a long time in the waiting!

A basic requirement for a group of companies.

As a Finance Manager of multiple entities and xero files it would be good to have something like Xero HQ for practice for Finance managers and the multiple entities that look after so I can see each day the business snapshot of where we are at AP, AR Cashflow and NP

I'm using the demo and this will be a deal breaker. Quickbooks already has this feature.

Can't believe it's been 12 years since this idea was first brought up and this feature still hasn't been addressed. Could we please get the ability to consolidate multiple entities?

I have a few 'group' of companies and/or holding companies where group reporting becomes more and more important and a necessity for compliance.

Will soon need to consolidate group accounts for a small group.

Possibility to define a "Contact" as "related party" and creating dedicated "A/P" and "A/R" or adding the "related parties" filter to each report.

This is 100% what Mayday is designed to do.

https://www.getmayday.com/?utm_source=xero&utm_id=community

If you have multiple Xero orgs that have intercompany transactions and balances, Mayday will be the solution you're after.

They handle intercompany recharging, with mark-ups. So that covers off one challenge you're having.

They also have a fantastic intercompany reconciliation tool, makes it easy to keep loans in balance and automates discrepancy identification.

In terms of feedback, I can see over 150 five star reviews on the xero app store.