Multi-entity groups & investors
A group is a structure, not a folder of companies
Add an entity and it inherits the group’s chart of accounts and tax setup rather than being rebuilt. Consolidate it, eliminate between it and the others, and drill from the group report back to the transaction.
A new entity in one step
Chart of accounts, tax setup and defaults from the group template, not a manual rebuild each time.
Elimination that happens
Intercompany balances and revenue removed at consolidation, so the group is never double-counted.
Ownership, weighted properly
Part-owned subsidiaries split between the parent and minority holders by ownership share.
One ledger underneath
Drill from a consolidated report to a single entity, account or transaction. No exports.
Adding a company should not mean rebuilding one
Most platforms treat a second entity as a second subscription with a second empty chart of accounts. The group then lives in a spreadsheet that somebody rebuilds every month end.
Allwis treats the group as the first-class thing. Provision an entity top-down and it arrives with the group’s chart of accounts, tax configuration and defaults already applied — so the tenth company takes the same effort as the second, and they stay comparable because they were built from the same template.
Entities can be Australian, New Zealand, US or UK, in their own currencies, with AU and NZ compliance built in at every level rather than bolted onto the parent.
Consolidation, not a spreadsheet that agrees with itself
A group consolidated on screen, with the trail behind every eliminated figure.
A group consolidated on screen, with the trail behind every eliminated figure. Watch on YouTube
Intercompany trading & elimination
Bill, loan and transfer between entities. Matching balances and revenue are eliminated at consolidation rather than remembered.
FX translation
Mixed-currency groups translate to the parent’s reporting currency, with rates held centrally rather than typed in per report.
Unrealised profit deferred
Profit on inventory or assets moved between entities is deferred until it actually leaves the group.
Non-controlling interests
Net profit and net assets attributed by ownership share, so a part-owned subsidiary does not quietly consolidate at 100%.
Equity method & investments
Associates and investments carried on the equity method rather than lumped in with subsidiaries.
A stated policy
Consolidation policy and group tax settings recorded in the system, so the treatment is a setting somebody chose, not a habit somebody has.
The investor layer
Family offices, private equity and holding companies answer to people who put money in — and that is a different question from “what did the group earn”.
Roll entities into a portfolio, track investor capital accounts including contributions and distributions, and report ownership-weighted net assets across the structure. Sub-groups roll up on their own, so a fund, a division or a family branch can be reported as its own thing without being pulled out by hand.
A consolidated trial-balance workpaper sits behind it, which is the document an accountant or a funder asks for when they want to see how the number was arrived at rather than just the number.
Guardrails for a structure this size
Who sees which entity
Access is scoped per entity in the database itself, not just hidden in the interface, so a staff member restricted to two companies cannot read the third.
Periods that stay closed
Locks per entity or across the group, with anything entered late tested against the locks that existed when it was written.
Director penalty exposure
For Australian entities, unpaid PAYG withholding, GST and SGC totalled per director, separating what is still remittable from what has locked down. Not legal or tax advice.
A readable audit trail
Who changed what and when across every entity, including the model behind each AI-assisted decision.
Bringing a group across
Entities come across one at a time, on a cutover date you choose once that pre-fills every later step. Two systems connect and pull straight through; two more have file formats handled specifically; anything else arrives by CSV with columns detected and a review step first.
We bring balances, not archaeology — each entity’s full history stays in the old system, read-only, for as long as it is useful.
Bring one entity across and see
We bring your books across from the system you use now, at no charge, and the core is live the next business day.