Multi-Company Accounting: How to Manage Multiple Entities

March 20, 2026 — Accounting

Running multiple companies under one group is common in the GCC. A holding company in Dubai might own a construction firm in Abu Dhabi and a consulting practice in Riyadh. Each needs its own books — but the board needs a consolidated view.

The challenge

Traditional accounting software forces you to either maintain completely separate systems (with manual consolidation in Excel) or use a single set of books that mixes everything together.

Neither works at scale.

How multi-company accounting should work

With Arkan ERP, each company within your tenant gets:

• Separate general ledger — independent chart of accounts entries
• Company-scoped invoices — each invoice belongs to one company
• Independent payroll — salary runs per company
• Own fiscal year — different companies can have different fiscal periods

Group-level reporting

Switch to Group Mode to see the consolidated picture:

• Consolidated P&L — revenue and expenses across all companies
• Revenue by company — compare performance side by side
• Intercompany eliminations — automatically identify and summarize IC transactions

Intercompany transactions

When Company A purchases from Company B (a sibling), Arkan automatically:

1. Detects the vendor is a sibling company
2. Creates a mirror sales order in Company B
3. Links both documents for traceability
4. Flags them for elimination in consolidation reports

Manage your entire group with one login. Try Arkan ERP free.