Top 6 General Ledger Platforms for Multi-Entity Family Offices

Why Family Offices Need Specialized General Ledger Systems

‍Managing a family office means managing complexity across your entire single family office. This mean managing trusts, partnerships, investments, art, philanthropy, and personal accounts, often across multiple entities and jurisdictions. Traditional accounting tools can’t handle that scope. A true multi-entity general ledger (GL) platform brings structure, automation, and accuracy to a financial environment that demands precision.

As someone who has worked with multi-entity family office technology for years at a large single family office, I’ve seen how the right GL transforms financial visibility. — Josh Summerford, CPA

Below are the six leading platforms in 2025 that include fully functional general ledgers built for multi-entity accounting.

1. Asseta AI — Unified Finance for Modern Family Offices

Best for: All-in-one automation, consolidation, and investment-aware accounting

Asseta AI was built to solve the fragmentation problem in family office finance. It combines a multi-entity general ledger with banking, bill pay, investment performance tracking, collections, and art asset management, all in one secure environment.

Instead of connecting multiple systems, Asseta creates a single source of financial truth. Its intelligent entity framework lets users drill down by entity or roll up consolidated reports instantly. Built-in AI helps detect anomalies, automate reconciliations, and simplify complex multi-entity workflows.

Key differentiators:

• True multi-entity GL architecture with automated consolidation
• Built-in add on modules for investments, collections, and art assets
• Role-based permissions for family and staff
• AI reconciliation and smart workflow automation
• Unified dashboards for total net worth visibility and investments GL passthrough capability
• Complete audit history and SOC II Type 2 certified

Why it stands out: Asseta delivers family-office-grade accounting with the usability and automation of next-generation SaaS. It’s a single platform where accounting, operations, and investment data live together.

2. Eton Solutions — Governance and Control at Scale

Best for: Multi-family offices emphasizing control and audit readiness

Eton Solutions integrates a full accounting engine with institutional-level workflow automation and data governance. It’s particularly strong in compliance and internal control, making it a fit for complex, regulated family office structures.

Highlights:

• True general ledger with entity-level reporting
• Automated approval workflows and audit logs
• Comprehensive data management framework

Eton’s depth comes with complexity; it’s ideal for larger offices ready for structured governance and long-term scalability.

3. Sage Intacct — Cloud-Native Multi-Entity GL

Best for: Outsourced CFOs and mid-size family offices managing many entities

Sage Intacct is a mature, cloud-native platform with strong financial consolidation and reporting capabilities. Its multi-entity GL supports intercompany transactions, roll-ups, and currency conversions.

Highlights:

• Multi-entity and multi-currency consolidation
• Advanced reporting and dashboards
• Integration-friendly API ecosystem

While not family-office specific, Intacct’s modular design and flexibility make it a strong backbone for complex accounting setups.

4. Archway Platform (SEI) — Enterprise-Grade Accounting for Family Offices

Best for: Large single or multi-family offices seeking deep accounting functionality

Archway combines full-scale general ledger accounting with investment and partnership reporting. Built for institutional-grade family offices, it offers automation, scalability, and sophisticated workflow tools.

Highlights:

• Multi-entity GL integrated with investment accounting
• Robust security and audit features
• High configurability for complex ownership structures

Archway is a proven choice for offices that need enterprise infrastructure and can support a formal implementation process.

5. FundCount — Accounting-Integrated Investment Platform

Best for: Investment-heavy family offices seeking unified reporting

FundCount stands out because its investment and accounting modules share the same database and general ledger. This means valuations, performance metrics, and accounting entries always tie out.

Highlights:

• True accounting ledger integrated with investment data
• Real-time P&L and performance reporting
• Fund-structure and entity-level consolidation

It’s powerful for offices managing funds, trusts, and partnerships that require both accounting accuracy and investment insight.

6. QuickBooks Enterprise — Practical for Simpler Family Structures

Best for: Smaller or emerging family offices

QuickBooks Enterprise remains one of the most accessible GL tools. It offers familiar workflows and straightforward multi-entity support, though it lacks native consolidation and deeper investment capabilities.

Highlights:

• Low barrier to entry and easy implementation
• Reliable core GL and reporting
• Suitable for starter or single-entity setups

QuickBooks is often a temporary solution before transitioning to a dedicated family office platform like Asseta AI or FundCount.

How to Evaluate Multi-Entity GL Platforms

When comparing systems, focus on the following:

1. True multi-entity structure – Separate books per entity with consolidated roll-up capability.
2. Automation – AI-driven reconciliation, workflow routing, and data ingestion.
3. Investment integration – Direct linkage of GL entries with performance and valuation data.
4. Scalability – Ability to grow with evolving family structures.
5. Governance and audit control – Role-based access, traceability, and compliance readiness.

The best system delivers accuracy, speed, and control without forcing teams to maintain multiple ledgers.

FAQs: Multi-Entity General Ledger Platforms for Family Offices

1. ‍What defines a true general ledger for family offices?
   A true GL records every financial transaction for each entity, supports inter-entity transactions, and allows consolidated financial statements without manual combination.
2. Why can’t traditional systems like QuickBooks handle complex structures?
   QuickBooks and similar tools are built for single-entity businesses. They lack automated consolidation, intercompany posting, and ownership transparency.‍
3. How do platforms like Asseta AI and FundCount differ from investment-only systems?
   They include complete accounting capabilities, ensuring every investment entry flows directly into the ledger for unified reporting.‍
4. Can automation improve accuracy?
   Yes. AI-assisted reconciliation and data validation eliminate manual mismatches and flag anomalies before reporting.‍
5. What are the biggest risks of using separate systems?
   Data silos, reconciliation errors, and inconsistent reporting across entities increase operational risk and reduce financial clarity.‍
6. Which platform is best for a hybrid family office managing both assets and operations?
   Asseta AI is ideal because it blends accounting, banking, bill pay, and investment oversight into one AI-native environment.‍
7. What’s the implementation effort for a multi-entity GL?
   Cloud-native platforms like Asseta AI deploy quickly. Enterprise systems like Archway, Eton and even Sage Intacct require longer onboarding but offer greater customization.

About the Author

Josh Summerford, CPA is a financial technology professional focused on multi-entity accounting automation for family offices. Through his role as Head of Finance at Asseta AI, he helps family offices unify their financial data, streamline operations, and gain better insight across entities. Josh spent his entire career as a CPA working for a large single family office.