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Feature Deep Dive

Multiple Legal Entities.
One Platform. One Consolidated P&L.

QuickBooks Online doesn't consolidate multiple legal entities at all — Intuit's answer is Enterprise Suite, a separate (and significantly more expensive) product. Zoho Premium at $150/mo is the cheapest legit alternative in the SMB market. BDFIQ includes multi-entity consolidation at every tier — with one login, one consolidated P&L, and per-entity drill-down built in.

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Four Owners Who Need Multi-Entity From Day One

If any of these sound like you, the multi-entity question isn't optional. It's the difference between books that make sense and a year-end spreadsheet marathon.

🏠

Real-Estate LLC Owners

Three rental properties, each held in its own single-member LLC for liability isolation. Each LLC needs its own books (separate bank accounts, separate tax returns) but you want one screen that shows total portfolio income and per-property NOI.

Typical: 2–10 entities
🍴

Restaurant Group Owners

Each location is its own LLC for franchise, liability, or partner-equity reasons. The corporate office may be a separate management entity. You want a roll-up that tells you the group is healthy without losing the location-level detail.

Typical: 2–6 entities
🏢

Holding Co Structures

A parent holding company with two or three operating subsidiaries beneath it. You need entity-level financials for each sub (taxes, banking, audits) and a consolidated view at the holdco level (board reporting, investor decks, year-end planning).

Typical: 2–5 entities
🏗

Franchise & Multi-Unit Owners

You own three franchise units, each in its own LLC per the franchisor's requirement. You want to know which unit is performing best, which is dragging, and what the combined picture looks like — without keeping three browser tabs open.

Typical: 2–8 entities

How BDFIQ Handles Multi-Entity

One tenant. Multiple entities. One login. The model is built for owners who run more than one company under the same set of eyes — not for accountants who toggle between client files.

Step 1
📂

Each Entity Has Its Own Books

Per-entity chart of accounts (or share a master COA across entities). Per-entity bank accounts, AR, AP, and journal entries. Per-entity tax-ready exports for the year-end return.

Result: Each entity files cleanly. Your CPA gets one set of books per return.
Step 2
🔗

Consolidated Reports Roll Up

Open the consolidated P&L and BDFIQ rolls every entity together into one view. Toggle between consolidated, per-entity, or side-by-side comparison.

Result: You see the whole portfolio in one place. No spreadsheet stitching.
Step 3

Intercompany Eliminations

When Entity A invoices Entity B, the transaction is real on each set of books but eliminated at the consolidation level. So the rolled-up P&L doesn't double-count internal transfers.

Result: The consolidated number is the real number. Not inflated by intercompany.

All of this is included from the lowest BDFIQ tier upward. Multi-entity isn't a feature you unlock; it's how the platform is built.

QuickBooks Online Doesn't Consolidate. At All.

This catches most QBO users by surprise. Class tracking? Sure, on Plus. Job costing? Sure, on Plus. Multi-entity consolidation? Not in QBO. Not on any tier. Not on Advanced. Intuit's official answer is to push you to Intuit Enterprise Suite — a separate, much pricier product aimed at companies that have largely outgrown QBO entirely.

So what do real QBO users with multiple entities actually do? Three options, all painful:

  1. Run three QBO accounts. One per entity. Log out and log back in to switch. Pay $115/mo × 3 = $345/mo if you need class tracking on each. Export each entity's P&L every month and combine in Excel. This is what most multi-entity QBO owners actually do.
  2. Cram multiple entities into one QBO file with class tracking. Use a class per entity. Works on paper. Breaks the moment your CPA tries to file separate returns from one set of books — the bank reconciliations get tangled, the receivables get tangled, and the audit trail is a mess.
  3. Upgrade to Intuit Enterprise Suite. Pricing is "talk to sales." You'll get an implementation team and a multi-month migration. For most SMB owners with 2–5 entities, this is enormous overkill and enormous cost.

A Real Example

A small real-estate investor owns four rental properties, each in its own LLC. They want one screen that shows portfolio income and per-property NOI for the last 90 days.

In QBO: Four QBO accounts at $75/mo Essentials each = $300/mo, or $3,600/yr. Each month: log into account 1, export P&L. Repeat four times. Open Excel. Paste each one into a column. Format. Total. That's an hour every month and a brittle Excel file.

In BDFIQ: One login. Four entities under the same tenant. Open the consolidated P&L view, switch the segment to "Property," see all four columns side by side. Drill into any property for the per-entity detail. No exports. No Excel. No re-keying.

This is why "multi-entity at every tier" matters. It's not a luxury feature for big companies — it's the basic shape of how a lot of small business owners actually structure their operations.

The Cheapest Legit Multi-Entity Option Today is Zoho Premium

We'll acknowledge it directly: if you want multi-entity consolidation in the SMB cloud accounting market today, Zoho is the answer most people end up at. Here's how the field actually looks.

$0 — not available

QuickBooks Online

No multi-entity consolidation on any tier. Intuit Enterprise Suite is the separate product. Most multi-entity QBO users run multiple accounts and stitch in Excel.

  • Solopreneur, Simple Start, Essentials, Plus, Advanced: none consolidate
  • Workaround: $345/mo for three Plus accounts
  • "Real" answer: upgrade to Enterprise (quote-only)
$150/mo — Zoho Premium

Zoho Books Premium

The cheapest legit multi-entity option in the SMB market. Capable platform. Sticky if you live in Zoho's broader ecosystem (CRM, Inventory, One).

  • Multi-entity at the Premium tier
  • 10 users included
  • Light US CPA adoption — some accountants won't know it
TBD — founder's pricing at launch

BD Financial IQ

Multi-entity at every tier, not gated behind a premium upgrade. Native 3-track job costing with Materials / Labor / Subcontractors. Built by a US-based team you can actually reach.

  • Multi-entity from launch, every tier
  • Side-by-side segment + entity P&L
  • Founder's rate locked for waitlist members

We're not pretending Zoho doesn't exist. The honest BDFIQ pitch is: if your multi-entity choice is "QBO + Excel marathon" or "Zoho even though my CPA doesn't know it," there's now a third option that ships multi-entity natively, integrates with BDB Project Tools if you also need field ops, and is built by a US bookkeeping/CFO team you can actually call.

The Companies Sidebar and Consolidated View

Left: entity list, one click to switch. Top of view: consolidated P&L with each entity as a column. The same pattern a CFO uses in Excel — built into the dashboard.

Companies

All (Consolidated)
4 entities
Maple Holdings LLC
Parent
Maple Properties I
Real estate
Maple Properties II
Real estate
Maple Mgmt Co
Operating
Consolidated P&L — Last 90 Days
Account Prop I Prop II Mgmt Co Consol.
Revenue $48,000 $36,000 $22,000 $106,000
  Rent Income $48,000 $36,000 $84,000
  Mgmt Fees $22,000 $22,000
Operating Expenses $24,500 $19,800 $11,200 $55,500
NOI / Op. Income $23,500 $16,200 $10,800 $50,500
Net Income (after IC elim) $23,500 $16,200 $10,800 $42,300

Intercompany: Mgmt Co billed $8,200 to Prop I & Prop II combined. Eliminated at the consolidation level. [View elimination journal →]

Done logging out of one QuickBooks to log into the next?

Multi-entity consolidation at every tier. One login. One P&L. Join the waitlist.

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