Consolidation guides

Practical, jargon-free guides for accounting firms consolidating QuickBooks and Xero client ledgers.

How to consolidate financial statements across QuickBooks and Xero

Combine client ledgers from both accounting packages into one group and produce a single set of consolidated financial statements.

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Intercompany eliminations in consolidated accounts, explained

Why intercompany balances have to be removed on consolidation — and how to post the elimination journals that do it.

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Consolidating a trust group: a practical guide for accountants

Trust groups add distributions and appropriations to the mix — here's how to consolidate them cleanly.

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How to consolidate multiple Xero organisations (2026 guide)

Xero can't consolidate organisations on its own — here's how to produce group accounts from multiple Xero files.

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How to consolidate multiple QuickBooks Online companies

Combine several QuickBooks Online company files into one consolidated set of group financial statements.

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Consolidated reporting at EOFY for Australian groups

An EOFY checklist for consolidating Australian multi-entity groups across Xero and QuickBooks.

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Choosing consolidation software: how to compare the options

What to look for when comparing consolidation reporting tools for Xero and QuickBooks — and how Report Craft's per-ledger pricing compares.

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