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Reporting - Ability to consolidate multiple Xero organisations

To have the ability to combine the reporting between more than one Xero org.

Purpose: Better at group budgeting and account managements

241 votes

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AdminXero Team (Admin, Xero) shared this idea  ·   ·  Report…  ·  Admin →
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Accepted  ·  AdminKelly Munro (Community Manager, Xero) responded  · 

Hi everyone, we know that consolidated reporting for multiple Xero organisations is a feature many of you are invested in, and we appreciate you continuing to share your feedback and insights on this idea.

We hear that you need a more streamlined way to manage group budgeting, produce consolidated Profit and Loss reports, and handle intercompany transactions without the need for manual exports and external spreadsheets. 

For those looking for solutions right now - As shared by others there are Xero app partners that possibly serve these and wider needs, and you can explore on our Xero App store. 

We want to be transparent about the current state of this idea. While we continuously evaluate all ideas, work on developing consolidated reporting is not currently planned. 

We know this isn't the news many of you hoped for, especially given how long this idea has been on the platform. We value your input in helping us understand what matters most to our customers, and we’ll continue to review this idea for future consideration.

Thanks again for your understanding and for being such an engaged part of the Xero community.

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  • Alex Scobie commented  ·   ·  Report

    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

  • Carla Swan commented  ·   ·  Report

    Any update on this request, Xero?

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

  • Chris Curlett commented  ·   ·  Report

    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.

  • Archie Williams commented  ·   ·  Report

    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.

  • Simon Jones commented  ·   ·  Report

    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

  • Tanya Jaro commented  ·   ·  Report

    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.

  • Graham Oddy commented  ·   ·  Report

    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!

  • Rachel Teh commented  ·   ·  Report

    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.

  • Sophia Humphreys commented  ·   ·  Report

    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

  • Lorna Phipps commented  ·   ·  Report

    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.

  • Jane Teah commented  ·   ·  Report

    Hi Shane

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

  • Shane Lee commented  ·   ·  Report

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

  • Katie Li commented  ·   ·  Report

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

  • NATHALIE MCNICHOLL commented  ·   ·  Report

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

  • Graham Oddy commented  ·   ·  Report

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

  • Frank Hyde commented  ·   ·  Report

    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!

  • Monica Rossi commented  ·   ·  Report

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

  • Graham Oddy commented  ·   ·  Report

    It is not at all unusual for a client to have more than one group company and so it is essential to have the ability to consolidate their figures. As with the lack of Back-Up this is a facility that it is extraordinary that Xero doesn't already supply.

  • Mark Tewkesbury commented  ·   ·  Report

    A must have! Quite surprised it isn't a feature by Xero as they are very good!

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