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A Fathom alternative for consolidation
Updated
Fathom is reporting, forecasting and consolidation for accountants and businesses on many accounting systems. SigmaClose does one of those jobs for groups on QuickBooks Online: one set of monthly statements, with the eliminations in plain view.
Side by side
| Fathom | SigmaClose | |
|---|---|---|
| Accounting systems | Xero, QuickBooks Online and Desktop, MYOB, FreeAgent, Excel | QuickBooks Online, US dollars |
| Price with consolidation | Pro: $450 a month for 25 companies, $17 each after | $20 a month or $200 a year per group, any number of companies |
| Eliminations | Whole accounts by click; partial amounts by spreadsheet import each period | Pairs of accounts, own column, differences kept visible in Equity |
| Suggests pairs | Not described | Yes, with the reason |
| Writes to QuickBooks | No, imports only | No, reads only |
| KPIs and forecasts | Yes | No |
| AI assistants | Not described | Read-only MCP server for Claude and others |
Fathom facts from its pricing page and its eliminations help article, read in November 2026. Tell us through the contact page if something has changed.
The difference that matters at month-end
Most small groups have at least one account that mixes intercompany and outside activity, or a pair whose two sides don't quite agree this month. In Fathom, a partial elimination means preparing a spreadsheet of negative amounts and importing it every period. In SigmaClose, both sides of a pair are removed in full every month, and the difference between them goes to a balancing account in Equity, where you can see it and the month-end checks flag it until the books are fixed. More in intercompany eliminations, explained.
When Fathom is the better fit
If you're an accountant reporting on many clients, need KPIs, scorecards or three-way forecasts, or have companies on Xero or QuickBooks Desktop, Fathom covers far more. SigmaClose has no forecasts or custom layouts and no accountant view across client groups yet.
Questions
Is SigmaClose a Fathom alternative?
For consolidating QuickBooks Online companies in US dollars, yes. SigmaClose gives you one profit and loss, balance sheet and cash flow by month, with intercompany eliminations, exports and a branded report pack. Fathom also does KPIs, forecasting and many more accounting systems, so if you need those, it covers more.
What does Fathom cost for consolidation?
On Fathom's pricing page in November 2026, consolidations are on the Pro plan: $450 a month including 25 companies, then $17 for each extra company. The cheaper Portfolio plan doesn't include consolidations. SigmaClose is $20 a month or $200 a year per group for any number of companies and people, with the first 30 days free.
How do eliminations differ?
Fathom eliminates whole accounts that hold only intercompany amounts with one click; partial amounts are entered in a spreadsheet and imported as an eliminations company each period. SigmaClose pairs one account in each company, removes both sides in full, and posts any difference to a balancing account in Equity, where the month-end checks flag it.
Does SigmaClose work with Xero or QuickBooks Desktop?
No. SigmaClose works with QuickBooks Online only.