Six QuickBooks files. No group financials.
One consolidated close across all your legal entities, without replacing your accounting system.
Your month-end looks like this.
Entity-level closes finish in a week. Then everything stalls on the consolidation — matching intercompany, chasing balances that haven't tied in months, rebuilding the same spreadsheet again.
Nobody else could reproduce it. If your controller gives two weeks' notice, you are one spreadsheet link break away from an institutional crisis.
When a commercial lender, surety, or buyer asks for group statements, the manual roll-up cannot provide clean transaction-level drill-down or elimination audit trails.
QuickBooks has no consolidation module.
There is no native way to produce a consolidated balance sheet or P&L across company files. Every consolidated view means exporting each file and rebuilding it by hand. This isn't a criticism of QuickBooks — it's single-company software being asked to run a multi-entity business.
The pain follows a known mathematical curve.
The Closes Stretch & The Map Lives in Memory
Entity-level books close in 5 days, but consolidation stalls for another week. Each entity's chart of accounts was created independently. Every roll-up requires remembering how accounts map. Intercompany transactions are booked in one file and forgotten in the other.
Calculate your close velocity & reclaimed hours.
Adjust your entity structure parameters to estimate days saved and spreadsheet hours eliminated every month.
You've been given two options. Neither is good.
Every controller of a 3–10 entity business has sat through pitches for both of these.
Rip and Replace Your Accounting System
Six figures, a year of retraining bookkeepers, and ongoing software licensing — just to solve a reporting roll-up problem.
Pay an External Accounting Firm to Rebuild by Hand
It works, but the cost never stops, delivery takes 2 to 3 weeks, and you are still one staff departure away from a crisis.
Vermis: Keep the Books Where They Are, Add the Layer Above
No migration. Bookkeepers keep working in QuickBooks or SAP. You receive audit-grade group financials with automated intercompany matching.
Three focused offerings.
Consolidated Close
One set of group financials every month, without migrating off QuickBooks or SAP Business One. Automated intercompany matching, single mapped structure, and full transaction drill-down.
The Monday Brief
Dashboards make you guess what to ask. We invert it: every Monday morning, several hundred automated checks discard the noise and send the two or three things that changed across entities.
Contract & Overhead Audit
We convert vendor agreements, leases, and merchant contracts into computational rules, testing them against 3 years of actual transactions. Paid from what it finds. No findings, no fee.
Who this is for.
Real Estate Developers & Property Operators
An LLC per property asset plus a central property management company and development sponsor.
Restaurant, Retail & Multi-Unit Clinic Groups
Separate legal operating entities and general ledgers per location with a shared commissary or corporate overhead entity.
Importers & Distributors with Latin American Affiliates
A US commercial/distribution entity paired with an operating or sourcing affiliate in Latin America or the Caribbean.
Family Holding Companies & Multi-Asset Structures
Holding structures where corporate entities, holding trusts, and operating units were added incrementally by counsel over decades.
Businesses That Made an Acquisition
Two operating companies combined under one ownership, each retaining its legacy chart of accounts, vendor terms, and accounting software.
Three anonymized multi-entity case studies.
See how closely held multi-entity groups in South Florida eliminated close friction without replacing their existing accounting files.
7 Property LLCs + Management Entity: Close Reduced from 14 Days to 4 Days
Quarterly commercial lender reporting required consolidated debt service coverage ratios (DSCR). The manual Excel consolidation took 3 weeks every quarter, causing lender covenant audit friction and key-person burnout.
Vermis mapped all 8 charts of accounts to a single real estate holding structure with automated management fee intercompany eliminations.
5 Locations + Central Commissary: Eliminating a $38,000 Intercompany Drift
Central commissary billed food supplies and shared prep staff to individual location LLCs. Mirror entries were logged manually from memory, resulting in a $38K year-end audit discrepancy.
Automated weekly intercompany inventory matching + The Monday Brief alerting leadership to payroll allocation drift within 48 hours.
4 US LLCs + 2 LatAm Operating Affiliates: Audit-Grade Consolidated P&L
Operating across SAP Business One in Latin America and QBO in Florida with dual currencies. Consolidated product margins were completely invisible until annual CPA tax preparation.
Vermis implemented a unified reporting layer above SAP and QBO without migrating off either system, delivering full drill-down audit trail from consolidated SKU margin back to GL vouchers.
Have a similar multi-entity setup?
We will consolidate two of your entity files for one month at zero cost to prove the output.
Who this is NOT for.
Saying what we don't do builds more trust than any testimonial. If you fall into these categories, we will tell you upfront.
Single-Entity Businesses
If you operate a single legal entity with one QuickBooks file, you do not have a consolidation problem. Native reporting inside QuickBooks is all you need.
Companies Already on NetSuite or Sage Intacct
NetSuite (OneWorld) and Sage Intacct have built-in multi-entity engines. If your consolidation is struggling there, it is an internal configuration issue, not a platform limitation.
Anyone Looking to Replace Their Bookkeeper
Vermis does not replace your bookkeeper, controller, or CPA. Your team continues booking entries exactly as they do today. We eliminate the manual roll-up layer above them.
Anyone Shopping for a Generic Dashboard
We do not build colorful charting widgets that force you to guess what questions to ask. We produce audit-grade consolidated financial statements and push unprompted variance briefs.
If your setup is working, the report will say so.
12 questions. No financial data upload. Immediate client-side breakdown showing exactly where your consolidation will hold or fracture.