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Translucent #Multi-Entity

By Translucent-#Multi-Entity
5 out of 5 stars
Free 14 day trial available
Get this appView pricing plans
Translucent connects your multiple Xero entities into one platform. Automate consolidation, reconcile intercompany balances, and gain real-time group visibility. Free 14-day trial!
Rated
5.0
out of 5
Reviewed by
19
Xero users
Try this app
Free 14 day
trial available
Listed for
2 years
May 2023

Overview

Translucent provides you with a series of workflows to combine multiple Xeros into one system. Each workflow can be purchased and used individually, or they can be used together.

  • Consolidation - Our real-time consolidated reporting includes accurate FX and the ability to drill down into the underlying transactions. Get your consolidated group P&L, income statement, balance sheet, trial balance, cashflow report and group AP & AR.

  • Intercompany - Our intercompany matrix allows you to spot any imbalances at any time and our intercompany recharging enables you to automate the creation of invoices and journals in Xero to correct any imbalances.

  • Treasury - See your group cash position in one place including the ability to see your cash by entity, by bank, by currency and with the added context of your AP, AR and other incomings and outgoings.

  • Financial Close - Streamline the month-end close, making it faster and more efficient.

And much more!

Translucent #Multi-Entity + Xero

Translucent transforms all your individual Xero entities into a single system of record. The Translucent and Xero integration allows you to make use of advanced Consolidation, Intercompany and PrePayments and Deferred Revenue workflows, across all your entities, at the same time. Translucent pulls in all transaction detail from across each connected entity in the group, combining this into one data set. Giving you complete access to any financial information critical for making day-to-day business decisions.

Pricing plans

This app includes a free 14 day trial

*All prices are exclusive of tax

Consolidation

Real-time and accurate consolidated Reporting
USD 65.00 /month (billed annually)
  • Unlimited entities and users
  • Import chart of accounts
  • Chart of account mapping
  • P&L, BS, and TB Reporting
  • Drilldown to individual transactions
  • Sync all Xero budgets
  • Analyse budget vs actuals
  • Customise FX rates
  • Download to XLS
  • Dedicated account manager

Intercompany

Reconcile and manage intercompany balances in seconds
USD 65.00 /month (billed annually)
  • Unlimited users & entities
  • Identify discrepancies using the loan account matrix
  • Unlimited reconciliations
  • Unlimited FX adjustments
  • Post balancing transactions directly into Xero
  • Reconcile unlimited group bank statement lines
  • Create invoice and journal recharges
  • Unlimited number of recharge rules
  • Dedicated account manager

Multi-Entity Search

Search every entity at once and view all your accounting data in one place
USD 65.00 /month (billed annually)
  • Unlimited users & entities
  • Unlimited Searches
  • Search all transaction fields
  • Filter & sort results
  • Save searches
  • Drilldown into transaction detail
  • Export to XLS
  • Dedicated account manager

Treasury

View your cash position across all bank accounts, in all entities at once.
USD 65.00 /month (billed annually)
  • Unlimited users & entities
  • View balances in local & presentation currency
  • Realtime data sync from Xero
  • Group by entity or currency
  • View by custom date ranges
  • View all group bank transactions
  • See transactional drilldowns
  • Download to XLS
  • Dedicated account manager

Prepayments

Manage all Prepayments schedules and journal posting in one place.
Free
  • Unlimited users & entities
  • Map your Prepayment accounts
  • Create standard templates and custom schedules
  • Apply policies by Supplier or per invoice
  • Post journals directly back to Xero
  • View schedule by entity, supplier, or invoice
  • Download to XLS
  • Dedicated account manager

Deferred Revenue

Manage all Deferred Revenue schedules and journal posting in one place.
Free
  • Unlimited users & entities
  • Map your Deferred Revenue accounts
  • Create standard templates and custom schedules
  • Apply policies by customer or per invoice
  • Post journals directly back to Xero
  • View schedule by entity, supplier, or invoice
  • Download to XLS
  • Dedicated account manager

Reviews & ratings

5.0 out of 5 stars
19 Reviews

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Most recent reviews

MC
Margot Charlton
Posted 5 Feb 2025
5 out of 5 stars
Only new to Translucent but the onboarding, training and support is 5 stars! It's a great alternative for consolidations, inter entity charges and group financial management and I can see is going to be very useful and a huge time saver once our group recharging is setup. Really excited to see what's in the pipeline for development too!! Wouldn't hesitate to recommend Translucent for anyone managing group company accounts - Accounting Practices or CFO's alike - super easy to use and saves a huge amount of time and spreadsheeting.
PG
Paul Gardner
Posted 4 Feb 2025
5 out of 5 stars
We were trialing Translucent before it became publicly available and happy to see the progress the Translucent team have made. Intercompany reconciliations to begin with have really helped us with clients in terms of time saving, especially working with clients with multi-entity in multiple countries and multiple currencies. Translucent continues to help us as we support regional businesses in Asia.
One person found this review helpful.
SD
Sakshi Dabas
Posted 3 Feb 2025
5 out of 5 stars

Amazing software

Made our life so easy with all the manual inter-entity reconciliations. It is one amazing software and makes it so easy for the team to reconcile and post missing journals in the Xero file.

Additional info

Shared data

Xero
Translucent #Multi-Entity
Invoicesshared from Xero to Translucent #Multi-Entity and from Translucent #Multi-Entity to Xero
Accountsshared from Xero to Translucent #Multi-Entity
Overpaymentsshared from Xero to Translucent #Multi-Entity
Tracking Categoriesshared from Xero to Translucent #Multi-Entity
Tax Ratesshared from Xero to Translucent #Multi-Entity
Purchase Ordersshared from Translucent #Multi-Entity to Xero
Prepaymentsshared from Xero to Translucent #Multi-Entity and from Translucent #Multi-Entity to Xero
Paymentsshared from Xero to Translucent #Multi-Entity
Manual Journalsshared from Xero to Translucent #Multi-Entity
Journalsshared from Xero to Translucent #Multi-Entity and from Translucent #Multi-Entity to Xero
Currenciesshared from Xero to Translucent #Multi-Entity
Credit Notesshared from Xero to Translucent #Multi-Entity
Contactsshared from Xero to Translucent #Multi-Entity
Bank Transfersshared from Xero to Translucent #Multi-Entity
Bank Transactionsshared from Xero to Translucent #Multi-Entity

Functions

Reporting and forecastingAccountant tools

Industries

Accounting

App details

By Translucent-#Multi-Entity
Added in 2023

Countries

Australia, Canada, Global, Hong Kong, Indonesia, Ireland, Malaysia, New Zealand, Philippines, Singapore, South Africa, United Kingdom, United States

Languages

English

Support

Setup walkthroughContact supportsupport@translucent.app

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14 day free trial available

Although Xero reviews each app in the Xero App Store, we can’t give any guarantees. It’s up to you to assess the performance, quality and suitability of any app before going ahead.