QDoes Intuit Enterprise Suite manage multiple entities?
Yes — it’s a core purpose of the platform. IES lets you manage multiple legal entities, subsidiaries, and LLCs from a single login, with intercompany workflows and consolidated reporting across the whole organization, all in the cloud.
QDoes IES automate intercompany eliminations?
Yes. IES automatically generates and tracks intercompany eliminations at the transaction level, in real time — so transactions between your entities are netted out for consolidation without manual elimination journal entries at period-end.
QDoes it produce consolidated financial statements?
Yes. You can produce consolidated Balance Sheets, Profit & Loss statements, and other financials across all entities, kept current by the real-time eliminations — giving leadership an accurate organization-wide view without manual roll-ups.
QHow is this different from QuickBooks Enterprise Combine Reports?
QuickBooks Enterprise can combine reports from multiple company files into Excel — an aggregated roll-up that adds matching accounts together. It does not perform true consolidation with intercompany eliminations. IES does, automatically and in real time. If you need genuine consolidated financials, that’s the key reason businesses choose IES.
QCan I still see each entity on its own?
Yes. You can view any entity’s standalone books and also see the consolidated organization view, and slice results by dimension (region, department, division). You get both entity-level detail and the big picture from the same platform.
QWill it speed up our month-end close?
Typically, yes. Because eliminations and consolidation happen in real time and AI assists with reconciliations and close workflows, the multi-entity close that used to take days can compress significantly — freeing your team for analysis rather than assembly.
QHow many entities can IES handle?
IES is designed for organizations running multiple entities and scales as you add more — through acquisition or expansion — without resorting to spreadsheets. The right configuration for your structure is part of your tailored quote; our team can help you scope it.
QHow do I get Intuit Enterprise Suite for my entities?
Contact our team for an evaluation and a tailored quote. We’ll review your entity structure, confirm whether IES is the right fit, and guide you through getting started. Call (888) 565-6522 or request a quote online.