Just like in Figured's agri solution, Commercial Manager supports multi-entity and multi-enterprise configurations. This means you can consolidate multiple files together in a reporting group, or report across different business units in a singular file differentiated via tracking categories.
Multi-Entity Reporting Groups and Multi-enterprise
Multi-enterprise is used when you have one Xero account with many entities inside that account, and you wish to have these under a single Figured file. This utilises Xero's tracking categories and allows for consolidated or individual reporting. There is an additional Figured subscription fee per tracking category used.
You can turn on Multi-Enterprise through Settings > Multi-Enterprise > Changed enabled to Yes > then select the tracking categories/options from the drop-down you wish to pull through from your accounting software.
Multi-entity is used to consolidate existing Figured files (all with unique Xero accounts) into a group to allow for consolidated financial reporting across that group.
There is no additional cost to group these existing files together, and you can configure the group by consolidating accounts and creating inter-entity offsets e.g. if you have both "rental expense" and "rental income" accounts across entities these can be offset to be one account in the group reports.
This diagram visually represents the difference between an example multi-entity and multi-enterprise set-up.
Single Xero file with a single GST number
Multiple entities in the single Xero file
One main Figured file split up into many individual subsidiaries
Full planning / reporting
Consolidated or "single file" planning / reporting available
Additional cost per "file"
Many Figured Commercial Manager's all with unique Xero files
Consolidated financial reports pulled from the main Figured files - no further reporting / planning, no single file reporting available
Can consolidate multi-entities into a multi-entity group
Inter-entity offsets between the files selected
Consolidate account options available between the files selected
No additional cost