QC Consols and QuickBooks
Take days off your month-end by automating the financial consolidation process with QC Consols, no matter how complex your group and its reporting requirements. From multiple currencies, ERPs, chart of accounts or number of companies, we’ve got it covered. Import your data seamlessly from QuickBooks.
How it Helps you
Core benefits of integrating with QuickBooks
No uploading
With QuickBooks integration there’s no need to upload any data into QC Consols.
No downloading
No wasted time downloading data and reformatting for upload.
Single source of data
QuickBooks integration ensures one source of data.
Automatic syncing
New general ledger accounts are automatically synced with QC Consols consolidations.
Automated trial balances
Daily automated trial balance updates mean up to date numbers, consolidations and dashboards.
On demand balances
Update trial balances on demand if you’re busy with month-end and need to see the latest results.
No uploading
With Xero integration there’s no need to upload any data into Quick Consols.
No downloading
No wasted time downloading data and reformatting for upload.
Single source data
Xero integration ensures one source of data.
Automatic syncing
New general ledger accounts are automatically synced with Quick Consols consolidations.
Automated trial balances
Daily automated trial balance updates mean up to date numbers, consolidations and dashboards.
On demand balances
Update trial balances on demand if you’re busy with month-end and need to see the latest results.
How it Helps you
Why QC Consols
QC Consols' app has a vast number of solutions that can assist groups or single companies to report on their financial and non-financial data. Group consolidated reporting on legal entities, branches, projects, cost centres and profit centres.
Multi Currency Reporting and Consolidations
Report your P&L, Balance sheet and Cashflow statement in any currency across your group with IFRS compliant currency conversions.
Segmental Reporting and Partial Consolidations
Report at cost centre, profit centre or divisional level based on how you need to report your numbers.
Group Consolidation Complexities
QC Consols easily handles complexities such as different chart of accounts, disparate financial year ends or accounting systems across your group.
Annual Financial Statements
With our Financial Statement Automation, all your statements are consolidated and stored in one easily accessible location.
Analytics Dashboards
Create rich visuals of your group’s results with custom built dashboards with a slice and dice approach to analysis. Use our embedded Analytics module or your own BI application.
Integration with ERP systems
Say goodbye to manual uploads by integrating your ERP into QC Consols through our API, whether you’re sending us data or retrieving data from our data warehouse.
Cloud Based
Access the QC Consols app securely, anywhere, anytime through your internet browser.
Secure
Accessing QC Consols via secure encrypted connections in conjunction with two factor authentication (2FA) and user access control makes sure your data is always secure and locked down.
User Access Control
Restrict user access down to company, business unit, rollup or menu item so the people who need access have it, without compromising access to sensitive data.
How it Helps you
Core benefits of QC Consols reporting tool
Empower your business with QC Consols, unlocking a realm of core benefits that elevate your data analysis experience.
Huge time savings
Time is money, and we save customers on average 2-4 days of reporting time. The faster numbers go out the faster management can make big decisions.
Unlimited users
We’re not sticklers for users, you decided how many users have access to your QC Consols.
Less dependency on key staff
Let your most important staff step away from the spreadsheet and make bigger financial calls.
Technically accurate and compliant consolidations
We have a zero error policy and place a huge emphasis on technically accurate consolidations.
Move away from error prone static reports
Excel and spreadsheet based reports are notorious for errors, which is why we’ve moved away from them.
Less time wasted
With less time wasted on mundane tasks you’ve got more time to analyse business performance.
Unlimited users
We're not sticklers for users, you decide how many users have access to your data.
Huge time savings
Time is money, and we save customers on average 2-4 days of reporting time. The faster numbers go out the faster management can make big decisions.
Less dependency on key staff
Let your most important staff step away from the spreadsheet and make bigger financial calls.
Technically accurate and compliant consolidations
Our zero-error policy means every report and consolidation is executed with precision, ensuring your financial data always aligns with industry regulations and standards.
Reliable Reporting
Excel spreadsheets are notorious for errors, which is why we've evolved beyond them to provide you with reliable, error-free reporting.
Less time wasted
With less time wasted on mundane tasks you’ve got more time to analyse business performance.
About QuickBooks
QuickBooks is world-leading online accounting software built for small business.
Get a real-time view of your cashflow. Log in anytime, anywhere on your Mac, PC, tablet of phone to get a real-time view of your cash flow. It’s small business accounting software that’s simple, smart and occasionally magical.
Run your business on the go. Use our mobile app to reconcile, send invoices, or create expense claims - from anywhere.
Get paid faster with online invoicing. Send online invoices to your customers - and get updated when they’re opened. Reconcile in seconds. QuickBooks imports and categorises your latest bank transactions. Just click ok to reconcile.
INTEGRATIONS
How does the integration to QuickBooks work
QC Consols connects to QuickBooks in the following way:
QC Consols has a one-way integration where data is fetched from your QuickBooks company
The following data is pulled into QC Consols via secure connection:
Chart of accounts | Trial balances
The trial balances and the chart of accounts for each company that is connected are automatically pulled from QuickBooks once per day at around midnight
The user can also kick off the integration manually by clicking “Run Integration” from the Integration screen should they wish to pull data in at a specific time during the day for a particular company