SigmaClose
How it works
From several QuickBooks files to one set of statements
Consolidating is mostly addition. The work is lining the accounts up and taking out what your companies did with each other. SigmaClose does both the same way every month, and shows its working.
Connect each company
Click Connect QuickBooks, log in to QuickBooks and pick the company. Do it once per company. SigmaClose then pulls each month's balance sheet and profit and loss, starting two years back, so year-over-year comparisons have something to stand on.
QuickBooks will say the app can read and change your books. That's the only kind of access QuickBooks offers apps. SigmaClose only reads: company name, account list and monthly reports. The connection is stored encrypted and never shown or logged.
The numbers refresh whenever an admin or editor clicks Refresh from QuickBooks. QuickBooks drops a connection that goes unused for about 100 days; each refresh keeps it alive, and if one drops, the company shows a Reconnect button and your past months stay put.
Line up the accounts
Accounts with the same name and type line up across companies on their own. A new account in QuickBooks counts in the totals straight away and is listed under New accounts to check with the section it landed in, so nothing drops out of the totals quietly.
Pair the intercompany accounts
When one of your companies charges, lends to or invests in another, both record it. Added together, that money counts twice. An elimination pair names the two accounts that mirror each other, like a management fee one company earns and another pays, and SigmaClose removes both sides from the combined statements.
You don't have to find them yourself. SigmaClose looks for accounts whose names point at another company in the group and whose balances mirror each other, and suggests them with the reason. You add the ones that are right, or pick two accounts by hand.
If the two sides of a pair don't agree in a month, both are still removed in full and the difference goes to a balancing account in Equity. It stays visible, and the month-end checks flag it. More on eliminations.
Read the statements
Profit and loss, balance sheet and cash flow, for a month, a quarter, year to date, a full year, the last 12 months or any range, on your fiscal year. View the combined total alone, or with a column per company, the eliminations and the total. Click a line to see the accounts behind it.
| Profit and loss · Oct | Holdings | Retail | Property | Elims | Combined |
|---|---|---|---|---|---|
| Revenue | 18,000 | 412,300 | 36,000 | (54,000) | 412,300 |
| Cost of sales | – | 198,400 | – | – | 198,400 |
| Gross profit | 18,000 | 213,900 | 36,000 | (54,000) | 213,900 |
| Operating expenses | 12,500 | 151,200 | 9,800 | (54,000) | 119,500 |
| Net income | 5,500 | 62,700 | 26,200 | – | 94,400 |
The month-end checks run every time the numbers refresh: each pair nets to zero, the balance sheet balances, the cash flow ties to the bank, every new account is checked and every connection is current.
Send them
Download any statement as Excel, CSV or PDF. Or build a report pack: one PDF with a cover, a summary of the month and the three statements, with notes if you want them, in your group's logo and color. SigmaClose reads the logo and color from your website, and you can change them.
Invite your accountant and team as admins, editors or viewers. If you use an AI assistant such as Claude, connect it to SigmaClose's read-only MCP server and ask it about the numbers in plain words.
Want in on the test?
Questions first? The FAQ covers access, data and exports.