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Consolidating in QuickBooks: your three options

Updated

QuickBooks Online keeps every company separate, and no regular plan has a report that combines them. If you run several companies, you can export and combine them by hand, move to Intuit Enterprise Suite, or add a consolidation tool such as SigmaClose on top of the companies you already have.

Side by side

QuickBooks Online AdvancedIntuit Enterprise SuiteSigmaClose
Combined statementsNo; export with Spreadsheet Sync and combine in ExcelYes, built inYes: P&L, balance sheet, cash flow by month
EliminationsBy hand in ExcelAccounts used only for intercompany, removed automatically; mixed accounts adjusted in ExcelPairs of accounts, suggested for you, differences kept visible in Equity
Price$340 a month per company (list)Not published$20 a month or $200 a year per group, on top of your plans
Moving systemsNoneMove your companies to Enterprise SuiteNone; reads your existing companies
Works with Simple Start, Essentials, Plusn/an/aYes, any QuickBooks Online plan

Intuit facts from its pricing page, its intercompany help article and its consolidated reports article, read in November 2026. QuickBooks and Intuit are trademarks of Intuit; SigmaClose isn't made by Intuit.

Option 1: export and combine by hand

Run the same report in each company, put them side by side in a spreadsheet, line up the accounts and remove the intercompany amounts. It works and costs nothing extra, and it takes a few hours each month and breaks quietly when someone adds an account. The consolidation guide covers how to do it well.

Option 2: Intuit Enterprise Suite

If you're outgrowing QuickBooks Online anyway (more users, project accounting, deeper approvals), Enterprise Suite brings multi-entity reporting into the accounting system itself. It's a bigger move: a new product, a sales conversation and a migration.

Option 3: a consolidation tool on top

Keep each company on the QuickBooks Online plan it has and let a tool read them. SigmaClose connects to each company with read-only requests, lines up the accounts, removes the intercompany pairs and gives you one profit and loss, balance sheet and cash flow, every month, with a column per company. Other tools in this space include Joiin, LiveFlow, Fathom and Reach Reporting; see how we compare with Joiin, LiveFlow, Fathom and Reach Reporting.

Questions

Can QuickBooks Online consolidate several companies?

Not in the regular plans. Each QuickBooks Online company is its own subscription with its own reports, and Simple Start, Essentials, Plus and Advanced have no report that reads across companies. Intuit's multi-entity reporting is part of Intuit Enterprise Suite, a separate product.

Does QuickBooks Online Advanced have consolidation?

Intuit's pricing page lists Advanced at $340 a month (November 2026) and doesn't list consolidated or multi-company reporting among its features. People combining Advanced companies usually export to Excel with Spreadsheet Sync and eliminate by hand.

What does Intuit Enterprise Suite do for groups?

It's Intuit's accounting system for larger and multi-entity businesses, with consolidated reports (profit and loss, balance sheet, cash flow and more), intercompany journal entries and automatic elimination of accounts used only for intercompany activity. Prices aren't published. It replaces your QuickBooks Online subscriptions rather than sitting on top of them.

Do I have to move off QuickBooks Online to use SigmaClose?

No. SigmaClose reads the QuickBooks Online companies you already have and never changes them. Keep your plans as they are.