Consolidation Functionality in FreshBooks

Consolidation Functionality in FreshBooks

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08

Jan

Consolidation Functionality in FreshBooks

FreshBooks does not offer native financial consolidation functionality in the traditional ERP sense. The platform is designed for single-entity accounting and focuses on simplicity rather than multi-entity financial management.
Organizations with multiple legal entities typically export financial data from FreshBooks and perform consolidation externally using spreadsheets or reporting tools. As a result, FreshBooks is best suited for businesses that operate under a single entity or do not require consolidated financial reporting.