Documentation Index
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How to Configure Multi-Book
Multi-book accounting in DualEntry lets you maintain parallel sets of books for different reporting purposes-book vs. tax, US GAAP vs. IFRS, or statutory vs. management-within a single tenant.Multi-book is on the DualEntry roadmap for ~July 2026. This page describes the planned functionality.
What Multi-Book Enables
Organizations often need more than one accounting basis. A US public company maintains GAAP books for SEC reporting and tax books for IRS compliance. A multinational may need IFRS books for the parent entity and statutory books for local filings in each jurisdiction. Multi-book eliminates the need for separate systems or manual reconciliation between bases. Each book in DualEntry has its own chart of accounts mapping, recognition rules, and adjustment layer. You define as many books as you need, and each one produces its own complete set of financial statements.How Transactions Flow Between Books
Transactions post to a primary book by default. This is typically your GAAP or management book-the one that reflects your day-to-day operational accounting. When a transaction requires different treatment in another book, you create a book-specific adjustment that lives only in the target book. For example, you record depreciation on an asset using straight-line in your GAAP book. In your tax book, you create an adjustment to record accelerated depreciation instead. The underlying asset record and the original transaction remain unchanged in the primary book.Reporting Across Books
You can run any standard report filtered to a specific book. Select the book from the report header, and DualEntry renders the income statement, balance sheet, or cash flow statement using only the transactions and adjustments that apply to that book. Consolidated reports can compare books side by side. This is useful for reconciling book-to-tax differences or identifying where GAAP and IFRS treatments diverge. The comparison view highlights line items where amounts differ between books.Common Use Cases
Multi-book addresses several scenarios where a single set of books is insufficient:- Book vs. tax - maintain GAAP books for financial reporting and a parallel tax book with different depreciation schedules, revenue timing, and expense capitalization rules.
- US GAAP vs. IFRS - companies with US and international operations can produce both GAAP and IFRS financial statements from a shared transaction base.
- Statutory vs. management - entities with local statutory reporting requirements that differ from the management reporting basis used by the parent company.