Hi folks,
I have a client who has two companies, one in UK and one in USA. We prepare consolidated accounts every month (in USD) and both companies use Xero.
We take the P&L reports and Balance Sheet reports, convert to USD at the appropriate rate and then consolidate (so inter-group balances are eliminated).
Jut want to know if there is any software package out there that does this instead of the excel template we currently use.
Cloud based would be a preference too!
Many thanks.