Maintain completely independent financial records for each legal entity. Different currencies, fiscal years, chart of accounts, and compliance requirements - all in one unified platform.
Each legal entity has unique requirements
Operating in multiple countries means different functional currencies. Mixing them in one book creates chaos.
Each country has unique accounting standards, tax rules, and reporting requirements. One size doesn't fit all.
Some entities follow calendar year, others have April-March or July-June fiscal years. Alignment is impossible.
Auditors need complete, standalone financial statements for each legal entity. Shared books don't cut it.
True entity isolation with unified management
Each entity has its own complete general ledger. Transactions never mix. Clean, auditable records.
Configure each entity for its local requirements. Chart of accounts, tax rules, and reports all localized.
Each entity can have its own fiscal calendar. Period closes and year-ends are independent.
Generate complete financial statements for any entity. Auditors get exactly what they need.
Complete flexibility for each legal entity
Everything you need for proper entity separation
Each entity's data is completely separate. Users see only what they're authorized to access. No data leakage.
Close periods and years independently per entity. One entity's close doesn't affect others.
Each entity has its own invoice, PO, and journal numbering sequences. Meet local requirements.
Assign users to specific entities. Accountants see only their assigned companies.
Each entity can have its own logo, address, and branding on documents and reports.
Despite being separate, entities can be consolidated when needed. Best of both worlds.
Independent operations, unified platform
Set up each legal entity with its own profile, currency, fiscal year, and compliance settings.
Define chart of accounts, numbering sequences, and local requirements for each entity.
Run day-to-day operations. Each entity's transactions stay in its own books.
Generate consolidated reports across entities when required for group reporting.
Maintain proper legal entity separation while enjoying the benefits of a unified platform. P4 Books gives you both.