A bookkeeper needs to consolidate financial data across multiple revenue streams and EINs into one view, but QuickBooks Online Plus only supports one EIN and upgrading to Desktop Enterprise is costly.
QuickBooks Online Plus cannot handle multiple EINs in a single subscription, forcing either separate subscriptions (costly and fragmented) or an expensive Desktop Enterprise plan, with neither providing a consolidated view across all entities.
Workarounds Described
- Intermingled finances across multiple revenue streams and personal accounts
- Considering separate QuickBooks subscriptions for each EIN
Implied Software Gaps
- Multi-entity accounting platform with unlimited EINs
- Automatic transaction classification across entities from a single bank feed
MultiLedger
MultiLedger is a cloud accounting platform designed for multi-entity businesses, allowing users to manage multiple EINs and revenue streams in one consolidated dashboard. It automates intercompany transactions, tracks personal vs. business expenses, and provides real-time financial reporting across all entities without requiring separate subscriptions.
- Unlimited entities/EINs per subscription
- Consolidated financial reporting across all entities
- Automated intercompany transaction elimination
- Bank feeds with automatic categorization by entity
- Personal expense tracking to separate business and personal finances
Existing Solutions Mentioned
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