Unlimited companies with consolidation
SunSystems is a truly scalable financial management solution that supports unlimited companies and operations across multiple countries with ease. New legal entities, referred to as Business Units in SunSystems, can be created quickly using the Business Unit Copy routine. This allows for fast, consistent setup across your organisation.
Each Business Unit within SunSystems can be unique whilst also allowing you to maintain a consolidated view. Business units, if you require them to, can have their own:
- Individual chart of accounts – each business can be stand alone or mapped into a consolidated group chart of accounts. Each business unit can also have their chart of accounts mapped and grouped to local management and statutory reporting requirements.
- Analysis – can be unique to each entity’s requirements, if only certain offices operate certain business streams then the appropriate analysis can be set-up as required.
- Currency – each business unit can support unlimited transactional currencies, which can also convert to both a local base currency as well as a group reporting currency. This allows you to see live figures across the group without having to re-state or convert currencies for reporting.
- Standing data – standing data such as suppliers or customers can be unique to each business unit or kept in sync if desired.
- Year ends – each entity can have unique periods and year-ends allowing you to support even the most complex of accounting and reporting requirements.
- Local Tax – each business unit also maintains support for the required local tax treatment to help ensure local compliance.
In addition to the flexible multi-company set-up, consolidation within SunSystems is simple and can be done via two methods:
Reporting consolidation
The most common method of consolidation within SunSystems is done via the reporting tools. The reporting module can easily and quickly report across multiple business units. Consolidation adjustments and eliminations can either be done via targeting certain inter-company transactions or certain accounts to support instant group reporting.
Customers that want visibility of intercompany eliminations and adjustments also have the option to maintain a separate, dedicated adjustment business unit. This can quickly be populated with the relevant transactions via targeting the relevant transactions and uploading them to the adjustment business unit.
Physical consolidation
SunSystems also provides support for physical consolidation of business units, rolling them up into either a single or multiple consolidation entities. Consolidation adjustments and eliminations can be also be done as part of this roll up process and this can be done on a scheduled basis as often as you require.
Find out why SunSystems is the choice of organisations with multi-company and consolidation requirements, speak to our experts today.
Enhance Your Multi-Company Set-up with UniFi Automation
While SunSystems offers comprehensive native capabilities for managing multiple entities and consolidating data, pairing it with UniFi, our powerful automation and integration platform, unlocks even greater efficiency and control across your organisation.
With UniFi, you can
Automate Multi-Company Cost Allocations
Easily split costs across multiple business units. For example, purchase invoice values can be automatically allocated to relevant entities based on predefined rules or dynamic inputs.Streamline Inter-Company Journals and Invoicing
Generate and post inter-company journals with minimal manual effort. UniFi can automate invoicing between entities, ensuring accuracy and compliance with internal policies.Simplify Group VAT Submissions
Aggregate VAT data from multiple business units and automate group-level VAT return preparation and submission workflows.Enable Real-Time Consolidated Reporting
UniFi integrates with SunSystems to deliver live, consolidated Business Intelligence (BI) dashboards across entities—supporting faster, data-driven decision-making at the group level.
Whether you’re working across regions, time zones, or tax jurisdictions, UniFi empowers your finance team to operate seamlessly with automation and visibility at scale.
Interested in seeing UniFi in action? Book a free demo and discover how it can elevate your SunSystems environment.
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