FAMILY AND GROUP COMPANIES
One platform for your family and group companies.
Manage multiple family or group companies on one AQARAT platform, with a separate chart of accounts and transactions for each company.
Separate accounting for each group company
- Multiple company entities on one shared platform
- A separate chart of accounts for each company
- Company-specific transactions, ledgers and financial reports
- User access configured around team responsibilities
One platform. Separate company books.
Create each company as a separate entity and set up its chart of accounts. Record transactions against the selected company so each company maintains its own accounting records. Switch the company context to work with its transactions and financial reports.
Set up each company’s accounting identity
Treat each operating company as a separate entity within the shared platform. Set up its own chart of accounts and financial books before working with its transactions. For example, two companies in the same family group can use different account structures while their teams use the same AQARAT platform.
Practical focus
- Create the company as a separate entity
- Maintain a chart of accounts for that company
- Keep its accounting records and transactions distinct
Follow transactions within the selected company
The company context determines which accounting records a user is working with. Follow the selected company’s lease activity, receipts and posting settings into its own financial books. Global and property-wise account configuration can then be discussed in relation to the properties and transactions of that business.
01
Select the company context for the work
02
Use the relevant account and lease-posting settings
03
Record transactions in the selected company’s books
Review company results with clear responsibilities
Switch to the relevant company context when reviewing its ledgers and financial statements. Define who needs access to each operational responsibility and discuss the group’s reporting requirements during implementation. Keeping company records distinct provides the foundation for reviewing each business on its own financial terms.
Practical focus
- Review ledgers and statements for the relevant company
- Align user permissions with assigned responsibilities
- Confirm the reporting views needed by management
Keep Exploring AQARAT
Products
Explore AQARAT’s modules for leasing, maintenance, financial accounting, tenant communication and user access.
Business Benefits
See how connected workflows improve operational clarity, financial visibility and control across your property portfolio.
Solutions
Find AQARAT capabilities for property owners, property management companies and family or group companies.
See your companies on one platform.
Bring your company structure and chart-of-accounts requirements. See how AQARAT keeps each company’s accounting records and transactions separate.