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Consolidation for QuickBooks Online

Several QuickBooks companies. One set of statements.

SigmaClose pulls each company's months from QuickBooks, adds them up and cancels out the money that moved between your own companies. You get one profit and loss, balance sheet and cash flow, with a column per company so every number has a source.

  • Reads your books, never changes them
  • Matches our old tool to the cent, every month
Profit and loss · OctHoldingsRetailPropertyElimsCombined
Revenue18,000412,30036,000(54,000)412,300
Cost of sales–198,400––198,400
Gross profit18,000213,90036,000(54,000)213,900
Operating expenses12,500151,2009,800(54,000)119,500
Net income5,50062,70026,200–94,400
Example numbers. Holdings charges Retail an $18,000 management fee and Property charges it $36,000 rent, so $54,000 comes out of revenue and out of expenses.

The spreadsheet you rebuild every month, built once

If you run more than one company on QuickBooks Online, each one is its own file with its own reports. Seeing the group as one business usually means exporting every company's statements, lining the accounts up by hand, adding them together and backing out what the companies charged each other. Then doing it again next month.

SigmaClose does that the same way every time. Connect each company once, tell it which accounts mirror each other, and the combined statements are there whenever you open them. Each number links back to the companies and accounts behind it, so you can check it instead of trusting it.

How it works

  1. 1

    Connect each company

    One button per company. You log in to QuickBooks and pick it. SigmaClose pulls each month's balance sheet and profit and loss.

  2. 2

    Pair the intercompany accounts

    SigmaClose suggests pairs from account names and mirrored balances, like a fee one company charges and another pays. You add the ones that are right.

  3. 3

    Read one set of statements

    Profit and loss, balance sheet and cash flow by month, quarter or year, with a column per company, the eliminations and the total.

The whole process, step by step

What you get

It reads. It never writes.

QuickBooks gives apps one kind of access: read and change. There is no read-only option, so when you connect, QuickBooks says the app can change your books. SigmaClose only ever sends read requests. The connection is stored encrypted and never shown or logged, and we keep monthly totals per account, not your transactions, customers or bank details.

Checked to the cent

We built SigmaClose for our own three companies and run our month-end on it. Every account line of the P&L, balance sheet and cash flow, every month since April 2026, matches the consolidation tool we used before, to the cent.

On your phone, soon

The statements and the month-end checks in your pocket, with an alert when something needs a look. Read-only, like the rest. Until the apps are out, the website works on a phone.

One price for the whole group

$20 a month or $200 a year per group, for any number of companies and people. Adding a company doesn't cost you more. The first 30 days are free, with no card.

Pricing

Questions

Can SigmaClose change anything in my QuickBooks?

No. SigmaClose only reads. When you connect, QuickBooks will say the app can read and change your books, because QuickBooks gives apps one kind of access and has no read-only option. SigmaClose only ever sends read requests: your company name, your list of accounts and your monthly reports.

Which accounting software does it work with?

QuickBooks Online, for companies that keep their books in US dollars. It doesn't work with QuickBooks Desktop, Xero or other accounting software today.

What are intercompany eliminations?

When one of your companies pays, lends to or invests in another, both companies record it. Added together, that money is counted twice. An elimination removes both sides, so the combined statements show only what the group did with the outside world. SigmaClose suggests the pairs and shows them in their own column. More in the eliminations guide.

Is there an iPhone or Android app?

Both are coming soon. The iPhone app is built and on its way through App Store review; Android follows from the same code. Until then the website works on a phone.

How much does it cost?

$20 a month or $200 a year per group, for any number of companies and people. The first 30 days are free, with no card. See pricing.

All questions

Connect your first company

Sign in with Google, name your group and connect a QuickBooks company. It takes a few minutes, and it never changes your books.