Multientity Consolidation | ModelReef

Your clients’ businesses are connected - their models shouldn’t be disconnected.

Managing groups across multiple Xero or QuickBooks files is slow and error-prone. Model Reef automates multi-entity financial consolidation, giving accountants real-time consolidated financial statements, reusable mappings, and one source of reporting truth across every client group.

The hidden costs of manual consolidation:

  • Hours lost merging trial balances and re-mapping charts of accounts
  • Frequent formula failures weaken financial modeling for accountants
  • Slow group closes that reduce advisory capacity and profitability
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Trusted by clients with over US$40bn under management.

When every entity runs its own numbers, your reporting never aligns.

Every client group is a patchwork of ledgers, calendars, and reporting conventions. Spreadsheets turn this into late nights, reconciliation headaches, and inconsistent results. Model Reef replaces manual work with a connected consolidation software for consultants, mapped once and reused forever - enabling scalable multi-company reporting without operational drag.

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See how Model Reef eliminates manual consolidation risk.

These capabilities show how firms move from fragmented spreadsheets to one live, connected consolidation model.

clarity-icon Connect All Entities

Import Xero, QuickBooks, ERP exports, or Excel files for unified accounting consolidation solution workflows.

bot-icon Map Once, Reuse Forever

Model Reef learns each entity’s chart of accounts to support scalable multi-entity management tool logic.

forecasting-icon Consolidate Automatically

Generate reconciled group statements instantly using automated financial consolidation.

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A connected approach to multi-entity reporting.

Model Reef replaces slow, manual spreadsheets with a structured workflow that enables accountants to consolidate faster and report with confidence.

link-icon Step 1:
Connect Ledgers

Import every entity’s trial balances for accurate multi-entity accounting tool workflows.

model-building-icon Step 2:
Standardize Accounts

Align every chart of accounts once and apply consistent mapping for clean business model integration across the group.

forecasting-icon Step 3:
Consolidate & Report

Produce live, reconciled group P&L, balance sheet, and cashflow using structured group company consolidation logic.

See how Model Reef streamlines multi-entity reporting.

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Close faster, reduce errors, and deliver unified reporting across every client group.

Model Reef automates consolidation workflows so firms can scale without sacrificing accuracy or time.

clarity-icon Faster Group Close

Save $30,000 per year in lost time

Reduce 8+ hours per client group each month with automated multi-entity financial consolidation.

collaboration-icon More Accurate Group Reports

Avoid $75,000 in rework

Eliminate 95% of reconciliation and mapping errors with clean consolidated financial statements.

forecasting-icon Firm-Wide Efficiency

Unlock $300,000 in scalable efficiency

Standardise consolidation across all clients using modern professional finance software.

See how firms achieve ROI from their first consolidation cycle.

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The consolidation toolkit built for accountants.

These features support clean, consistent consolidation for any client group structure.

real-time-icon Automated Eliminations

Remove intercompany transactions instantly for reliable multi-company reporting.

clarity-icon Custom Reporting Views

Create board-ready summaries using flexible financial reporting for consultants.

model-building-icon Audit Trail & Version Control

Track every adjustment with timestamped clarity for transparent smart consolidation for accountants.

collaboration-icon Live Integrations

Connect Xero, QuickBooks, or ERP exports for always-current connected business insights.

Explore all consolidation features.

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Security built for multi-client consolidation.

Model Reef safeguards group financial data across every client file, entity, and reporting cycle.

xero-icon End-to-End Encryption

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

Audit-Level Tracking

Logs mapping changes, adjustments, and approvals for compliant strategic financial management.

excel-icon Granular Access Control

Assign permissions by entity, client group, or firm role to secure advisor collaboration platform workflows.

See how Model Reef keeps your data secure →

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Questions before you start?

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

Model Reef simplifies multi-entity work by centralising every ledger into one connected model instead of separate spreadsheets. This reduces the time accountants spend rebuilding structures or fixing broken links across entities. Thanks to consistent mapping and reusable logic, teams produce outputs that stay aligned month after month. Firm-wide reporting becomes more predictable and easier to review. The system also eliminates many of the manual steps that normally create errors. These advantages give firms a more dependable workflow and easier multi-entity financial consolidation overall.

Most consolidation errors arise from inconsistent maps, outdated exports, or formula failures. Model Reef removes those risks by maintaining one live, continuously updated dataset for every entity in the group. Eliminations run automatically, and account structures remain aligned without rework. This gives accountants confidence that each reporting period starts from a clean foundation. Teams also avoid hidden discrepancies that typically emerge when spreadsheets evolve over time. Together, these features deliver more accurate and timely consolidated financial statements.

Yes - Model Reef handles complex structures such as subsidiaries, divisions, joint ventures, and layered ownership without increasing manual effort. The platform standardises reporting logic so teams can roll up financials instantly, even when underlying ledgers differ. This creates more consistency in group-level views and reduces the need for custom spreadsheet work. Accountants can focus on interpretation rather than construction. Clients benefit from faster insights and clearer explanations of group performance. These strengths make it an effective tool for scalable multi-company reporting.

By eliminating repetitive data prep, Model Reef frees accountants to spend more time analysing consolidated results. Because entity data updates automatically, teams no longer lose hours repairing exports or tracking down broken references. This shift allows firms to deliver higher-value insights and proactive recommendations. Advisory capacity grows naturally as manual steps decline. Clients receive stronger, more strategic guidance. These improvements enable firms to deliver more meaningful data-driven financial analysis across their portfolio.

Close cycles accelerate when every entity’s data updates in real time and mappings remain consistent. Model Reef ensures that group statements reflect current balances without requiring repeated spreadsheet reconstruction. This reduces bottlenecks and makes review processes far more predictable. Teams no longer need to chase down missing eliminations or outdated numbers. Clients experience significantly faster reporting turnarounds. These outcomes help firms maintain reliable, efficient streamlined financial workflows during every close.

Model Reef provides full transparency by tracking every adjustment, mapping change, and user action. This eliminates ambiguity around who made updates or when data changed. Accountants can review historical revisions clearly, strengthening control across the entire reporting chain. Role-based permissions also ensure access is restricted by entity or team, improving governance. These features offer protection not available in traditional spreadsheets. As a result, firms gain a more structured and defensible environment for financial reporting for consultants.

Model Reef enables teams to extend consolidation logic into planning workflows without creating separate models for each entity. Because mappings and structures are already aligned, forecasts and budgets inherit the same clean foundation. This makes cross-entity comparisons far easier and more reliable. Advisors can test multiple scenarios without rebuilding templates. Clients also benefit from a unified view of future performance across their entire group. These capabilities form a strong foundation for effective multi-entity budgeting and forecasting.

Scaling becomes much easier when firms no longer need to rebuild spreadsheets for every new client group. Model Reef uses reusable logic, automated mappings, and consistent workflows to standardise consolidation across the entire practice. This reduces training time for new staff and keeps output quality consistent. Firms can onboard more groups without increasing operational workload. Clients benefit from faster delivery and clearer reporting. These efficiencies make the platform a powerful enabler of smart consolidation for accountants.
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Explore other workflows built for accountants and consultants.

Model Reef supports forecasting, consolidation, and cashflow automation across every client engagement.

chart-circle-icon QuickBooks Forecasting

Build automated forecasts directly from live QuickBooks data.

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forecasting-icon Xero Forecasting

Generate three-statement forecasts from live Xero ledger updates.

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model-building-icon Xero Consolidation

Merge multiple Xero files into one reconciled model.

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chart-circle-icon QuickBooks Consolidation

Roll up multiple QuickBooks entities with automated mapping.

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Explore all Model Reef use cases for accountants.

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One workspace. Every entity. Always reconciled.

Model Reef turns fragmented ledgers into one connected financial model - accurate, automated, and always up to date.

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