Need affordable multi-entity accounting software that supports inter-entity transactions and complex ownership structures without requiring separate subscriptions per entity.
QuickBooks Online requires separate paid subscriptions for each entity, making it expensive for low-activity entities. Wave is too simplistic for double-entry accounting with inter-entity transactions. GnuCash lacks intuitive UI. QuickBooks Desktop is nearly obsolete.
Workarounds Described
- manually building Excel sheets to track inter-entity transactions
Implied Software Gaps
- Accounting software with built-in inter-entity loan and ownership tracking instead of manual spreadsheets
EntityHub Accounting
EntityHub is a cloud-based accounting platform designed for multi-entity businesses. It handles inter-entity loans, ownership tracking, and consolidated reporting in one subscription. Unlike QuickBooks, you pay once for unlimited entities, with robust double-entry features tailored for complex ownership structures.
- Multi-entity chart of accounts with inter-entity transaction support
- Consolidated financial reporting across all entities
- Automated inter-entity loan and equity tracking
- US tax structure support (LLC, S-Corp, C-Corp) and multi-state operations
Existing Solutions Mentioned
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