AccountsIQ
Dublin-based cloud accounting platform with multi-entity group consolidation and a report library
Quick Overview
| Company | Visor Limited (AccountsIQ) |
|---|---|
| Category | Financial Reporting Software |
| Headquarters | Dublin, Ireland |
| Founded | Not stated |
| EU Presence | Yes - Ireland (EU) |
| Data Location | Not stated on pages checked |
| Open Source | No |
| GDPR Compliant | Yes |
| Self-Hosting | No |
| Main Features | Multi-entity accounting, consolidation manager, intercompany eliminations, sub-consolidation layers, multi-currency translation, consolidated GL explorer, report library, budgeting, cash flow forecasting |
| Pricing | Price on application (POA) per month on the pricing page |
| Best For | Mid-market groups that want ledger and consolidation in one cloud system |
| Replaces | Spreadsheet consolidation, entry-level group reporting tools |
Detailed Review
The AccountsIQ website says its owner is Visor Limited, with a registered office in Blackrock, Co. Dublin and company registration number 366570, and that website use is subject to the laws of the Republic of Ireland.
Consolidation is part of the accounting system, so subsidiary data rolls up to a top-level entity rather than being imported into a separate tool.
Consolidation Manager
The vendor describes a consolidation entity structure with sub-consolidation layers, entities in their own currencies such as GBP, EUR or USD, and automatic foreign exchange translation. One-click consolidation checks the consolidation rules before the group accounts are completed.
Eliminations and Reports
Intercompany eliminations are configured once and applied at each consolidation, and an intercompany matrix shows the flows. The report library includes templates for balance sheets, cash flow statements, profit and loss, and management packs, exportable to Excel, Word or PDF.
Pricing Structure
The pricing page lists the starting price per month as POA (price on application). The Core plan lists one entity and two users, so group features need a higher plan.
Limitations to Consider
Prices are on application, the Core plan covers only one entity, and the pages checked do not state the hosting location. It is an accounting system with consolidation, not a disclosure management or ESEF tool, and the privacy statement refers to a related AccountsIQ entity registered in England and Wales, so confirm the contracting entity in your order form.
Who Should Use AccountsIQ
Irish and UK mid-market groups that want to consolidate several entities in the same system that holds the ledger.
Pros and Cons
Pros
- Consolidation built into the ledger
- Sub-consolidation layers
- Automatic intercompany eliminations
- Report templates with Excel, Word and PDF export
- Irish company number published
Cons
- Prices on application
- Core plan limited to one entity
- Hosting location not stated
- No XBRL or ESEF tagging
Alternatives to AccountsIQ
Other European financial reporting software worth comparing before you decide:
Lucanet
Germany · Financial consolidation, planning and disclosure management in one platform
Jedox
Germany · Planning, budgeting and reporting in one Excel-friendly model
Diamant Software
Germany · Accounting suite with group consolidation and EU-hosted cloud
CoreFiling
United Kingdom · XBRL, iXBRL and ESEF tagging and filing software
See all European financial reporting software or compare them directly against Spreadsheet consolidation on our alternatives page.
Frequently Asked Questions
Yes, subsidiaries can run in their own currencies and the system translates them automatically.
Its legal notice names Visor Limited, registered in Ireland under number 366570.
No. It consolidates and reports from the ledger but does not list ESEF or XBRL tagging.