Single Entity and Multi-Company in One Platform

Businesses grow from one entity to several: new subsidiaries, different jurisdictions, or separate legal entities for different lines of business. ThinkLedger supports single-entity and multi-company in the same platform — so whether you run one set of books or many, everything posts to one source of truth with full consolidation when you need it.

Why single and multi-company both matter

Single entity fits many small and mid-size businesses: one legal entity, one chart of accounts, one close. You get full general ledger, AR, AP, payroll, inventory, and reporting without the overhead of multi-entity setup.

Multi-company fits groups and holding structures: several legal entities, intercompany transactions, eliminations, and consolidated reporting. ThinkLedger keeps each entity’s books separate while supporting group P&L, balance sheet, and cash flow — so you don’t copy data between systems or reconcile in spreadsheets.

How it works

Set up your entities
Create one or more legal entities in the platform. Each has its own chart of accounts, periods, and users (with optional overlap for group finance).
Post and close per entity
Transactions post to the correct entity. Period close runs per entity with full audit trail. You can lock periods to protect prior months.
Intercompany and consolidation
Record intercompany balances and run elimination rules. Consolidated reports roll up all entities (with optional segment or dimension reporting).
One platform, one login
Switch between entities or view consolidated data from the same place. No separate logins or disconnected ledgers.

Use cases

Single business — One entity, full accounting and operations (payroll, inventory, invoicing) in one system.
Growing group — Add entities as you acquire or set up new companies; intercompany and consolidation built in.
Multi-jurisdiction — Different entities for different countries or regions, with multi-currency and local reporting.
Funds and holding structures — Parent and subsidiary entities with consolidation and segment reporting.

Get started

If you run one entity today and expect to add more — or already run several and want one platform — get in touch or explore industries. We’ll show you how ThinkLedger scales with your structure.