Xero consolidation | ModelReef

Consolidate directly from Xero - no spreadsheets required.

Multi-entity reporting shouldn’t require hours of exports, reconciliations, and formula fixes. Model Reef connects to every Xero organisation you manage, giving accountants Xero consolidation for accountants, instant multi-entity Xero reporting, and fully automated consolidated financial reporting that stays accurate with every ledger update.

The hidden costs of manual Xero consolidation:

  • Hours lost each month reconciling entities and mapping accounts manually
  • Outdated group reports due to inconsistent data refreshes
  • Errors that undermine confidence in Xero reporting automation and advisory outputs
Watch Demo Start Free 14-day Trial

Back to Accountant & Consultants

hero-fallback

Trusted by clients with over US$40bn under management.

Your clients’ Xero entities live in silos - your reports shouldn’t.

When every entity sits in a separate Xero file, month-end becomes a manual puzzle. Exporting trial balances, aligning charts of accounts, and checking eliminations all slow down multi-entity financial analysis. Model Reef replaces spreadsheets with a connected system built for financial consolidation software, real-time visibility, and consistent Xero multi-company management.

model-reef

See how Model Reef keeps Xero consolidations live and accurate.

These capabilities demonstrate how quickly teams can consolidate, analyse, and report once everything is connected to Xero with no manual handling.

clarity-icon Connect Instantly

Authorise multiple Xero entities at once and pull real-time data into Model Reef for seamless accounting data integration.

bot-icon Automate Consolidation

Roll up clients, divisions, or subsidiaries using automated mappings for accurate group reporting for Xero.

forecasting-icon Eliminate Errors

Intercompany eliminations and account mappings run automatically, improving forecast accuracy improvement and reporting integrity.

Watch a demo to see Model Reef in action.

Watch Demo Start Free 14-day Trial

Back to Accountant & Consultants

A connected approach to multi-entity Xero reporting.

Model Reef eliminates VLOOKUPs, CSV imports, and manual reconciliations - enabling teams to consolidate, review, and publish with confidence.

link-icon Step 1:
Connect Xero Entities

Securely authorise and sync multiple Xero organisations for consistent Xero connected forecasting and consolidation.

model-building-icon Step 2:
Map Accounts Once

Align each entity’s chart of accounts with simple drag-and-drop mapping for long-term Xero data management.

forecasting-icon Step 3:
Generate Consolidated Reports

Produce reconciled statements and dashboards instantly using structured centralised client reporting.

See how Model Reef streamlines Xero consolidation workflows.

Explore Use Cases Start Free 14-day Trial

Back to Accountant & Consultants

Close faster, eliminate errors, and scale multi-entity reporting.

Model Reef automates every step of consolidation - freeing teams to focus on analysis, advisory, and client outcomes.

clarity-icon Faster Close Cycles

Save $15,000 per year in lost time

Reduce 5-6 hours per client group each month with live, automated client entity consolidation.

collaboration-icon More Accurate Reports

Avoid $75,000 in rework

Remove 95% of reconciliation mistakes using real-time consolidated financial reporting.

forecasting-icon Firm-Wide Efficiency

Unlock $300,000 in scalable capacity

Standardise streamlined accounting workflows and multi-entity reporting across every client and team.

See how firms achieve ROI from their first consolidation cycle.

See how to get started Start Free 14-day Trial

Back to Accountant & Consultants

The Xero consolidation toolkit for modern accounting firms.

These features form the foundation of Model Reef’s connected financial consolidation software experience.

real-time-icon Automated Eliminations

Remove intercompany entries automatically for cleaner multi-entity Xero reporting.

clarity-icon Custom Group Reporting

Build consistent, presentation-ready management reports using automated Xero reports.

model-building-icon Audit Trail & Collaboration

Track user actions and approvals to support reliable Consultants Xero reporting.

collaboration-icon Live Xero Integration

Refresh data in real time for real-time consolidated insights across every entity.

Explore all consolidation features.

Explore Features Start Free 14-day Trial

Back to Accountant & Consultants

Security built for multi-entity reporting.

Model Reef protects sensitive financial data across every client, entity, and division with enterprise-grade controls.

xero-icon End-to-End Encryption

Protects all ledger and consolidation data at rest and in transit.

Audit-Level Tracking

Records every mapping, adjustment, and user change for compliant group reporting for Xero workflows.

excel-icon Granular Access Control

Assign view and edit permissions by entity, team, or client to secure scalable accounting solutions.

See how Model Reef keeps your data secure →

See Collaboration Start Free 14-day Trial

Back to Accountant & Consultants

Questions before you start?

Here are the most common questions we get asked in demos.

Model Reef streamlines consolidation by pulling every Xero entity into one connected model, eliminating the need for manual exports and spreadsheet reconciliation. Instead of stitching together inconsistent files, accountants work from a unified dataset that stays synchronised automatically. This reduces month-end friction and creates more reliable outputs across groups or subsidiaries. Teams benefit from a consistent structure that supports clear, repeatable processes. As a result, advisory conversations become faster and more accurate. The platform gives firms a dependable foundation for truly simplified financial management.

Reporting errors often come from outdated balances, broken formulas, or inconsistent eliminations. Model Reef removes these risks by centralising entity data and applying automatic updates as ledgers change. Results remain aligned without manual intervention, making group reporting more trustworthy. Accountants no longer need to rebuild or troubleshoot spreadsheets each cycle. This improves both quality and turnaround time for clients. These capabilities create a more controlled environment built for reliable automated report generation.

Yes - Model Reef is built to handle groups with layered ownership, separate divisions, or multiple reporting requirements. The platform aligns different charts of accounts and manages eliminations automatically, even when entities have unique structures. This reduces the overhead typically associated with multi-entity consolidation. Teams can generate statements quickly and focus on interpreting trends instead of preparing data. Clients with evolving structures benefit from consistent reporting despite organisational complexity. These strengths make the platform ideal for firms delivering deeper multi-entity financial analysis.

By automating consolidation tasks, Model Reef frees accountants from the repetitive work that slows down analysis. Eliminations, data refreshes, and account mappings run in the background, allowing teams to move directly into interpretation. This gives clients faster access to meaningful insights and reduces back-and-forth over errors. Firms can allocate more time to strategic discussions instead of technical cleanup. Over time, this shift improves utilisation and client satisfaction. These benefits make it easier to deliver high-value centralized client reporting at scale.

Close cycles become faster when entity data updates automatically rather than relying on manual imports. Model Reef ensures each Xero file stays synchronised, so consolidated outputs reflect real-time information. Teams no longer spend hours merging spreadsheets or checking mapping accuracy. This consistency reduces pressure during reporting deadlines and improves predictability across all clients. Firms gain smoother workflows without sacrificing accuracy. These advantages support more efficient streamlined accounting workflows across the entire practice.

Model Reef establishes a structured environment where every change is tracked and clearly attributable. Accountants can see adjustments, mappings, and eliminations with full visibility, eliminating uncertainty around who updated what. Centralised control also reduces the risks associated with uncontrolled spreadsheet sharing. Permissions can be assigned by user, team, or entity to protect sensitive information. This creates a secure and predictable consolidation workflow. Firms benefit from consistent governance that strengthens group reporting for Xero compliance.

With all financial data refreshed automatically, firms gain clearer visibility into performance trends across every client and entity. Model Reef presents results in a consistent structure, making comparisons easier and more accurate. This helps accountants identify anomalies, track drivers, and communicate insights confidently. The platform also keeps historic and current data aligned without manual effort. These capabilities support faster, more informed decision-making for clients. Together, they create a stronger foundation for meaningful real-time consolidated insights.

Scaling becomes far easier when every client follows the same consolidated reporting framework. Model Reef standardises mapping, eliminations, and data refreshes so teams can onboard new entities without rebuilding workflows. This reduces operational strain and improves consistency across growing portfolios. Firms can increase client volume without a matching increase in manual workload. Predictable processes also reduce training time for staff. These efficiencies make Model Reef an ideal platform for delivering scalable accounting solutions across multi-entity clients.
Still have unanswered questions?
Contact Our Team See it in action

Explore other Xero-connected workflows.

Model Reef unifies forecasting, consolidation, and reporting across the entire Xero ecosystem.

chart-circle-icon QuickBooks Ecosystem Forecasting

Create live, automated forecasts directly from QuickBooks data.

Learn more

forecasting-icon Payables & Receivables Mapping

Automate working-capital analysis for clearer cashflow insight.

Learn more

model-building-icon Multi-Entity Consolidation

Merge subsidiaries or divisions into one reconciled model.

Learn more

chart-circle-icon Departmental Budget Builder

Plan entity-level budgets using shared drivers and unified financial dashboards.

Learn more

Explore all Model Reef use cases.

Explore Solutions Start Free 14-day Trial

Consolidations that stay live, accurate, and connected to Xero.

Model Reef transforms multi-entity Xero groups into living financial models - always reconciled, always up to date, and free from manual work.

Start Free 14-day Trial

See it in action Start Free 14-day Trial

Intro to Model Reef

Trusted by clients with over US$40bn under management.