PolyAccounts · Scenario
One chart of accounts for entities in several countries
A holding company and operating entities in Mexico, the United States, Canada and Europe on one ledger, consolidated by tag, with per-entity country, currency and accounting framework metadata and full agent access.
Direct answer
PolyAccounts keeps every entity in one company-wide chart of accounts. Each operating entity records its legal name, ISO country and currency, accounting framework, tax identity and default rate, fiscal year, parent and ownership, and receives a tagged, prefixed block of accounts created automatically. Reports consolidate or filter by entity tag, and every amount drills to the ledger.
An agent can create entities, items, stock receipts, sales, deposits and shipments through the operations workflows, then read exact trial balances per entity or consolidated. The synthetic Talon Couture demonstration runs a Mexican holding company with apparel entities in Mexico, the United States, Canada, France and Spain plus a law firm.
What is and is not there
Included today: multi-entity inventory with weighted-average cost, quick sales that compute tax from the selected legal entity and snapshot the rate, daily deposits, shipment tracking, per-entity documents, multi-currency client invoicing with FX gain or loss, and operations users scoped to specific entities with view-only or edit grants.
Not included: statutory local-currency subledgers per entity (operations post in the company home currency), a sales tax or VAT determination engine, France PCG or Spain PGC outputs, e-invoicing, and jurisdiction filing packages. Entity tax rates are defaults, not a nexus or place-of-supply determination.
| Need | PolyAccounts today |
|---|---|
| Entities with country, currency, framework metadata | Yes, ops.entities.create and update |
| One chart of accounts, consolidated or per entity | Yes, tagged account blocks per entity |
| Inventory and COGS per entity | Yes, weighted average |
| Statutory subledgers in each local currency | No, home currency only |
| VAT or sales tax determination | No, default rates only |
| Agent read and write access | Yes, 15 operations workflows plus records |
Why this matters for agent-assisted finance
Mid-market suites handle this structure well and are priced accordingly. Small-business products handle one entity per subscription and consolidate in spreadsheets. An agent working across a group needs one credential, one chart of accounts and one ledger to reason about, which is what a single-company multi-entity design gives it.
Evaluate with your own structure: create the entities in a sandbox, post a month of activity through the workflows and read the consolidated and per-entity trial balances back. Then ask your accountant whether the entity metadata and account blocks match how the group reports.