Multi-Company Construction Accounting Software
Rise above the challenges that come with multi-company, inter-company and multi-entity accounting
Gain control of your multi-company financials with unified accounting without having to switch to another company database.
- Manage multi-company accounts faster.
- Collaborate across multiple construction businesses, any time from anywhere.
- Manage multiple companies within a single database.
- Gain superior visibility with consolidated financial reporting.
WHAT OUR CUSTOMERS ARE SAYING:
Daniel Damphousse
Vice President of Finance – The WISL Group
Multi-Company Accounting Functionality
Multi-Company & Multi-Division Accounting
Use our construction accounting software to easily manage the financials of multiple companies and divisions.
- Automatic inter-company accounting, all within one fully-integrated accounting software solution.
- Automatic allocations can be applied across multiple construction companies as well.
- Streamline inter-company transactions: effortlessly charge payroll, labor, equipment, inventory management, AP invoices, and general ledger entries from one company to another.
- Automatically create “due to” and “due from” entries during inter-company transactions.
Granular Reporting and Drill-Down
Run multiple reports in order to gain complete visibility into your financial health across companies and divisions.
- Drill down into the financial details including income, assets, expenses, and more for different companies and divisions.
- Run consolidated financial reports for multi-companies.
- Take pre-defined reports in the Report Writer and make them your own.
Multi-Level Access Control
- Control and configure access based on roles & job functions.
- Tailor your user experience based on their roles.
- Apply restrictions based on company and AR subledger, as well as warehouse inventory and division location.
- Comprehensive access rights management to configure which data can be viewed, printed, or downloaded for each user.
Fully Integrated
- Completely integrated accounting solution with strong drill-down capabilities.
- Automatic allocation of charges by company, G/L, division, and/or sub-account.
- Define inter-company relationships to streamline inter-company postings.
Stay Connected with Jonas Cloud
With our Cloud hosting platform, access any of your companies, and any of your divisions anytime, anywhere. Securely manage multi-company accounts using the power of the cloud. Inter-company accounting is handled automatically and with a full audit trail.
Jonas’ multi-entity construction accounting software provides real-time reporting and analytics across all companies and streamlines inter-company activities.
Client Case Study
To integrate their functional areas and improve their business processes, Western Industrial wanted to replace their legacy system and enhance the overall efficiency and productivity of their operations.
- Better collaboration between departments and divisions
- Sales volume increase by 75%, with less office staff
- Payroll processing time reduced by 50%
- Centralized document management system
- More productive and paperless operation
- Greater insight and tracking capabilities into key information
Frequently Asked Questions
Multi-company functionality can improve project management and financial visibility and allow the creation of new reports to help make better decisions. Allowing for inter-company transactions will reduce the amount of work needed and will increase collaboration across multiple businesses.
Consolidated financial reports, that span all of your companies, provides visibility into the health of your companies.
The automation provided via Jonas software for multiple companies and divisions helps shorten month-end reviewing time. You can cut dozens of hours from your accounting processes each week by eliminating any sort of manual processes or workarounds, such as the use of spreadsheets.
QuickBooks Online only allows one company per subscription. Each additional company will require a new QuickBooks Online account. While QuickBooks is a great choice for small businesses, it has limitations once you begin adding entities. Building reports with separate reporting requirements is difficult without some level of export process to Excel.
Additionally, Quickbooks only has one chart of accounts, meaning you will have to have a separate QuickBooks account for every entity if it needs its own chart of accounts. Transactions between entities, such as intercompany billing, are possible but are difficult to properly handle and monitor. Instead, Jonas Construction Management Software is specifically designed with multi-company accounting in mind.
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