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Best Accounting Software for Multiple Entities: Complete Comparison for UK Businesses
Managing accounts across multiple entities is rarely just about posting invoices. The bigger challenge is keeping your group close clean, consolidated reporting reliable, intercompany controls consistent, and multi-currency processes manageable.
In this guide, we've compared some of the best accounting software options for managing multiple entities in the UK, including their strengths, limitations, pricing approaches, and the types of businesses they suit best.
We've also explained how Wise Business can support multi-currency payments and international money management alongside your accounting software.
Disclaimer: The UK Wise Business pricing structure is changing with effect from 26/11/2025 date. Receiving money, direct debits and getting paid features are not available with the Essential Plan which you can open for free. Pay a one-time set up fee of £50 to unlock Advanced features including account details to receive payments in 22+ currencies or 8+ currencies for non-swift payments. You’ll also get access to our invoice generating tool, payment links, QR codes and the ability to set up direct debits all within one account. Please check our website for the latest pricing information.
⚠️ Note: Software features, pricing, implementation times, integrations, eligibility and currency support can vary by provider, business type, country, plan and setup. Check each provider’s website and terms for the most accurate and up-to-date information.
Summary of software
| Software | Summary of features and fees |
|---|---|
| Xero | Features: Xero often fits smaller groups that can manage separate organisations and use add-ons where needed. Xero Central says multicurrency lets users invoice customers and receive payments in more than 160 currencies.12 Fees: Xero Comprehensive is listed at GBP 50 per month excluding VAT after the introductory period, and multiple currencies are included in that plan.13 |
| Zoho Books | Features: Zoho Books is a lower-cost option for lighter complexity and Zoho ecosystem users. It includes multi-currency transactions, approvals, custom user roles and access on relevant plans.5 Fees: Professional starts from GBP 20 per organisation per month, billed annually.5 |
| Sage Intacct | Features: Sage Intacct suits finance teams focused on dimensional reporting and automation. Sage says Intacct includes dashboards, reporting and multi-entity accounting.2 Fees: Sage says Intacct plans start from GBP 1,000 per month.2 |
| AccountsIQ | Features: AccountsIQ is built for mid-sized UK and Ireland groups that want finance-first multi-entity control. AccountsIQ highlights automatic consolidation, multi-currency accounting and 5x faster implementation.1 Fees: AccountsIQ uses quote-based pricing. Its Core, Growth and Scale plans are listed as POA.11 |
| Joiin | Features: Joiin is a reporting and consolidation layer for groups already using Xero, QuickBooks, Sage or spreadsheets. It supports report packs, automated consolidations, dashboards and AI insights.7 Fees: Joiin starts from GBP 18 per month, billed annually for one company, with unlimited users and reports.6 |
Xero
Xero is often the starting point for smaller UK groups because it is easy to roll out, widely understood by advisors, and supported by app integrations. In practice, many smaller groups use separate Xero organisations for each entity.
The limitation is structural rather than functional. Xero can work for simpler structures, especially if entities are fairly independent, but more complex groups may need a consolidation add-on.
Features
| Feature | Details |
|---|---|
| Multi-currency | Xero says its multi-currency accounting software helps businesses work in multiple currencies with real-time exchange rates, simplified payments and accurate reporting.4 |
| Currency conversion | Xero supports automated currency conversions and records foreign currencies in accounting software.4 |
| Exchange rates | Xero Central says foreign exchange rates from XE.com update hourly, with the official rate of the day set at 11 pm in the organisation’s selected time zone.12 |
| Currency coverage | Xero Central says multicurrency lets users invoice customers and receive payments in more than 160 currencies.12 |
| Reporting | Xero lets users view balances revalued in base currency and foreign currency exposure through the Foreign Currency Gains and Losses report.12 |
| Plan requirement | Xero Central says users need a trial organisation or business pricing plan with multicurrency to add foreign currencies.12 |
Fees
| Fee type | Details |
|---|---|
| Ignite | Xero Ignite is listed at GBP 16 per month excluding VAT after the introductory period.13 |
| Grow | Xero Grow is listed at GBP 37 per month excluding VAT after the introductory period.13 |
| Comprehensive | Xero Comprehensive is listed at GBP 50 per month excluding VAT after the introductory period.13 |
| Multi-currency availability | Use multiple currencies is included in the Comprehensive plan and not included in Ignite or Grow.13 |
| Additional charges | Xero says extra charges may apply for payroll, expenses, bill payments, projects, direct bank feeds and additional usage beyond included limits.13 |
💡 You can connect your Wise Business account to Xero, choose the Wise currencies you want to sync, and automatically feed those transactions into Xero as new entries.
You can also view and pay outstanding bills from Wise, with the connection automatically logging payments in Xero and marking Wise fees as bank charges for easier reconciliation.
Disclaimer: The UK Wise Business pricing structure is changing with effect from 26/11/2025 date. Receiving money, direct debits and getting paid features are not available with the Essential Plan which you can open for free. Pay a one-time set up fee of £50 to unlock Advanced features including account details to receive payments in 22+ currencies or 8+ currencies for non-swift payments. You’ll also get access to our invoice generating tool, payment links, QR codes and the ability to set up direct debits all within one account. Please check our website for the latest pricing information.
Zoho Books
Zoho Books is worth a close look if price matters and your structure is not too complex yet. It gives smaller finance teams a decent amount of control without moving into enterprise software territory.
Another useful detail is that Zoho Books pricing is shown per organisation per month. That can work for a small group structure, but costs can increase if you need several organisations.
Features
| Feature | Details |
|---|---|
| Multi-currency transactions | Zoho Books includes multi-currency purchase transactions from Professional and sales multi-currency transactions for each customer on Premium.5 |
| Approvals | Professional and Premium include sales approval and purchase approval, while Premium also includes custom approval workflows.5 |
| User controls | Professional and Premium include custom user roles and access.5 |
| Projects | Professional and Premium include project management, project expenses and invoices, project tasks and timesheet and billing tools.5 |
| Automation | Professional includes workflow rules and custom reports, while Premium increases limits and adds more advanced customisation options.5 |
| Integrations | Zoho Books includes integrations with payment gateways such as Stripe, PayPal, GoCardless and Square, plus Zoho apps and other apps.5 |
Fees
| Fee type | Details |
|---|---|
| Free | Zoho Books lists a Free plan at GBP 0 per organisation per month, billed annually.5 |
| Standard | Standard is listed at GBP 10 per organisation per month, billed annually.5 |
| Professional | Professional is listed at GBP 20 per organisation per month, billed annually.5 |
| Premium | Premium is listed at GBP 25 per organisation per month, billed annually.5 |
| Pricing basis | Zoho Books pricing is shown per organisation per month and billed annually in the pricing table.5 |
💡 You can connect your Wise Business account to Zoho Books, select the Wise currencies you want to connect, and automatically feed Wise currency transactions into Zoho Books as new entries.
Disclaimer: The UK Wise Business pricing structure is changing with effect from 26/11/2025 date. Receiving money, direct debits and getting paid features are not available with the Essential Plan which you can open for free. Pay a one-time set up fee of £50 to unlock Advanced features including account details to receive payments in 22+ currencies or 8+ currencies for non-swift payments. You’ll also get access to our invoice generating tool, payment links, QR codes and the ability to set up direct debits all within one account. Please check our website for the latest pricing information.
Sage Intacct
Sage Intacct is a finance-led option for groups that want stronger controls and deeper reporting without buying software built primarily for operations. Sage positions Intacct around automation, real-time insight and finance AI.
For many controllers, its biggest strength is the reporting model. Sage Intacct Dimensions lets you tag transactions and operational data with values that can then be used for reporting.
Features
| Feature | Details |
|---|---|
| Finance automation | Sage says Intacct can automate 50% to 90% of work and close books up to 90% faster with trusted finance AI.2 |
| Multi-entity accounting | Sage lists multi-entity accounting as one of Sage Intacct’s product capabilities.2 |
| Dashboards and reporting | Sage says Intacct delivers real-time insights through dashboards and reporting.2 |
| Dimensions | Sage Intacct Dimensions lets businesses tag transactions and operational data with dimension values.3 |
| Flexible reporting | Sage says Dimensions can help users move from a standard income statement to profitability by project or revenue by geography with a few clicks.3 |
| Industry fit | Sage highlights use cases across construction, financial services, healthcare, hospitality, professional services, SaaS, wholesale, non-profit and manufacturing.2 |
Fees
| Fee type | Details |
|---|---|
| Starting price | Sage says Intacct plans start from GBP 1,000 per month.2 |
| Pricing approach | Sage also includes request pricing prompts, so final pricing may depend on setup, users, modules and implementation scope.2 |
| Cost considerations | Entity count, automation requirements, reporting complexity, integrations and training needs may affect the final cost. |
AccountsIQ
AccountsIQ is one of the more direct fits for UK finance teams that want multi-entity accounting software without jumping straight into a heavier ERP. It focuses on consolidation, multi-currency accounting, approvals and reporting across multiple entities.
That makes it attractive if your pain point is the close itself. You want one platform that can roll entities together, keep group reporting consistent, and reduce the amount of manual work sitting with your finance team.
Features
| Feature | Details |
|---|---|
| Multi-entity accounting | AccountsIQ says its multi-entity accounting software streamlines financial management across multiple locations, companies and currencies.1 |
| Consolidation | AccountsIQ supports automatic consolidation, giving a unified view across locations and divisions.1 |
| Multi-currency accounting | AccountsIQ says businesses can convert currencies in real time and support accurate reporting for international operations.1 |
| Reporting | AccountsIQ says it includes over 250 pre-built reports, role-based dashboards and reporting tools.9 |
| Approvals | AccountsIQ Approval Workflows are designed to speed up decision-making, strengthen compliance and show approval status across entities.10 |
| Implementation | AccountsIQ highlights 5x faster implementation than traditional ERPs.1 |
Fees
| Fee type | Details |
|---|---|
| Pricing model | AccountsIQ uses quote-based pricing. Its Core, Growth and Scale plans are listed as POA.11 |
| Core plan | Core is for growing organisations modernising core finance and includes 1 entity, 2 users, e-payments, multi-currency transactions and three-level GL coding.11 |
| Growth plan | Growth adds tools such as purchase order processing, sales order processing, approval workflow with unlimited steps, fixed asset register and Excel and Power BI connector.11 |
| Scale plan | Scale is for multi-entity or high-growth organisations and adds BI analysis up to 6 dimensions, custom integration, API access and advanced reporting.11 |
| Pricing note | AccountsIQ does not list fixed monthly prices on its pricing page, so businesses need to request a quote.11 |
Joiin
Joiin is different from the other options here because it is not trying to replace your bookkeeping system. It is a reporting and consolidation layer that connects to existing systems.
That makes it especially relevant if your underlying ledgers are fine, but your group reporting is not. It can be a proportionate answer when consolidated reporting is the main problem.
Features
| Feature | Details |
|---|---|
| Integrations | Joiin connects to Xero, QuickBooks, Sage, spreadsheets and other data sources to unify financial, sales and operational data.7 |
| Consolidation | Joiin says users can generate report packs, automate consolidations and create dashboards with AI insights.7 |
| Xero reporting | Joiin supports automated Xero consolidated reporting and can consolidate multiple Xero organisations in real time.7 |
| Sage and QuickBooks | Joiin integrates with Sage and QuickBooks Online to consolidate data from multiple entities and automate reports.7 |
| Intercompany eliminations | Joiin supports elimination reporting for Sage, QuickBooks and Xero charts of accounts.8 |
| Ownership structures | Joiin lets users assign percentage ownership to Xero, QuickBooks or Sage entities and consolidate partially-owned subsidiaries.8 |
| Multi-currency | Joiin says its inter-company management feature can handle transactions in multiple currencies by converting amounts into the appropriate currency.8 |
Fees
| Fee type | Details |
|---|---|
| Starting price | Joiin starts from GBP 18 per month for 1 company, billed annually.6 |
| Pricing model | Joiin uses company-based pricing and says all plans include the same features, unlimited users and unlimited reports.6 |
| Examples | Annual pricing shown includes GBP 21 per month for 2 companies, GBP 41 for 5 companies, GBP 66 for 10 companies and GBP 99 for 20 companies.6 |
| Trial | Joiin offers a 14-day free trial and says no credit card is needed.6 |
| Cost considerations | Total cost depends mainly on the number of companies connected, based on the pricing table.6 |
Manage multi-entity payments with Wise Business
For UK groups managing several entities, accounting software can record transactions, but money movement, approvals and currency conversion still need careful handling.
Wise Business can help with multi-currency payments, batch payments, team permissions and international money management alongside your accounting stack. With Wise Business, you can:
- 🌍 Send money to 140+ countries at the mid-market exchange rate with low, transparent fees and no sneaky exchange rate markups (product availability varies by region)
- 📥 Receive payments in 24 currencies and counting
- 💵 Get local account details for 8+ currencies, including USD and EUR, to let your customers pay in a currency they know and trust - convenience for them and peace of mind for you
- 💰 Hold money in 40+ currencies
- 🔁 Convert currencies anytime at the mid-market exchange rate with low, transparent fees
- ⚡ Use the batch payments tool to create and send up to 1,000 payments in a single transfer
- 👥 Run payroll and make international payments for up to 1,000 employees all over the world - including paying suppliers using local payment methods like ACH, SEPA, and Faster Payments
- 💳 Get business debit cards with 0.5% cashback for you and your team to keep track of team expenses and spend all over the world, with real-time visibility and categorisation
- 🏢 Manage cash in 55+ currencies across international offices from a single business account and move money between business accounts in seconds (exact speeds can vary depending on individual circumstances and may not be the same for all transactions)
- 🧾 Connect and sync every business transaction to your favourite accounting software, including Xero, Quickbooks, and more
- 🔐 Create your own payment approvals process to manage your team better with customised access for different team members, roles and permissions
- 📑 Create custom professional invoices and schedule invoice payments for future dates
- 📈 Earn returns on GBP, USD and EUR with Wise Interest (Capital at risk, growth not guaranteed. Your money is at risk if governments default or interest rates go negative. Visit https://payout-surge.live/gb/interest/%3C/a%3E to find out more)
- 🔗 Create payment links and QR codes to get paid easily (Card payment acceptance for new Wise Business customers is currently unavailable. Payment methods subject to eligibility and availability.)
- ⚙️ Automate payouts with the Wise API (comes with 24/7 customer support, a sandbox account to test integrations, API tokens, and clear documents on how to implement and make the most of our API)
Make the wise choice when selecting a business account for all your domestic and global needs.
Be Smart, Get Wise.
Disclaimer: The UK Wise Business pricing structure is changing with effect from 26/11/2025 date. Receiving money, direct debits and getting paid features are not available with the Essential Plan which you can open for free. Pay a one-time set up fee of £50 to unlock Advanced features including account details to receive payments in 22+ currencies or 8+ currencies for non-swift payments. You’ll also get access to our invoice generating tool, payment links, QR codes and the ability to set up direct debits all within one account. Please check our website for the latest pricing information.
Sources:
- Multi-Company Accounting Software UK | AccountsIQ
- Financial Management Software - Sage Intacct | Sage UK
- Sage Intacct Dimensions Accounting Software | Sage UK
- Expand Your Reach With Xero Multi-Currency Accounting | Xero UK
- Pricing | Zoho Books
- Simple pricing, all of our features - Joiin
- Joiin | Smart integrations, powerful reporting
- Intercompany management - Elimination reporting - Joiin
- Cloud Accounting Automation | Software Platform | AccountsIQ
- Approval workflow
- Cloud Accounting Software Pricing | AccountsIQ
- Multicurrency in Xero – Xero Central
- Pricing Plans | Xero UK
Sources last checked on 29 June 2026
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
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