Not natively, no. QuickBooks Online is a very capable cloud-based accounting platform, but it can struggle with the consolidation of multiple entities, classes, or currencies by default.

This is why many financial professionals turn to third-party integrations, like LiveFlow, to automate their consolidated financial reporting.

The process of manually consolidating financial statements in QuickBooks online can be time-intensive but generally involves exporting reports manually for each class or entity and importing them into your spreadsheet platform of choice.

From there, you will need to combine the data using manual calculations or complicated spreadsheet formulas.

Often, it takes entire teams of financial professionals multiple days to consolidate financial reports at month-end.