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Multi-Book Accounting

Multi-book accounting: one transaction, every book in parallel.

Rivane maintains parallel books, GAAP, IFRS, tax, and management, from a single set of transactions, applying each book’s rules automatically so you report on any basis without re-keying a thing.

ParallelGAAP, IFRS, tax
One sourceof transactions
GAAPPostedStat bookAlignedTax bookTranslated
01

Record once

A single transaction posts to every book you maintain, automatically.

02

Each basis, its own rules

GAAP, IFRS, tax, and management books apply their own recognition and timing.

03

Differences explained

Book-to-book variance is attributed and traceable, not reconstructed at year-end.

Every basis from one set of books

Record once; report on GAAP, IFRS, tax, or management basis in parallel.

Parallel books

Maintain GAAP, IFRS, tax, and management books at once.

Basis-specific rules

Each book applies its own recognition and treatment rules.

Single source of truth

One transaction posts to every book automatically.

Book-to-book differences

See and explain the variance between any two books.

Statutory and management

Support local statutory and internal management views.

Traceable adjustments

Every book-specific adjustment is attributed and traceable.

Parallel booksGAAP basisIFRS basisTax basisManagement basisPer-book depreciationBook-specific timingLease treatmentSingle source postingBook-to-book varianceTraceable adjustmentsStatutory reportingTax provision supportBasis-specific rulesParallel booksGAAP basisIFRS basisTax basisManagement basisPer-book depreciationBook-specific timingLease treatmentSingle source postingBook-to-book varianceTraceable adjustmentsStatutory reportingTax provision supportBasis-specific rules
Parallel books

Record once, report on any basis

A single transaction posts to every book you maintain, with each book applying its own rules. Reporting on GAAP, IFRS, tax, or management basis becomes a selection, not a separate accounting exercise.

  • One posting, many books
  • GAAP, IFRS, tax, and management
  • Report by simply choosing the book
ConsolidatedGroup · multi-entityAcme Inc.US · USDGlobex Corp.CA · CADAjax Ltd.UK · GBP
Basis rules

Each book keeps its own treatment

Depreciation methods, revenue timing, and lease treatment can differ by book. Rivane applies each book’s rules automatically, so a difference in GAAP and tax handling is built in, not bolted on at year-end.

  • Per-book recognition and timing
  • Book-specific depreciation and leases
  • Rules applied automatically
One contractMixed recognition modelsMixedOBLIGATIONRECOGNITION PATTERNPlatformSubscriptionMeteringUsage-basedOnboardingMilestone
Reconciliation

Book-to-book differences, explained

See exactly where two books diverge and why. Every book-specific adjustment is attributed and traceable, which makes tax provision and statutory reporting a reconciliation you can actually follow.

  • Book-to-book variance views
  • Attributed, traceable adjustments
  • Cleaner tax and statutory reporting
Match runContinuous · todayLiveBANKLEDGER
Explore multi-book

One transaction, every basis in parallel

Move between books and their differences, all from a single set of postings.

Record once, report on any basis

A single transaction posts to every book you maintain, with each applying its own rules. Reporting on GAAP, IFRS, tax, or management basis becomes a selection, not a separate accounting exercise.

  • One posting, many books
  • GAAP, IFRS, tax, and management
  • Report by choosing the book
ConsolidatedGroup · multi-entityAcme Inc.US · USDGlobex Corp.CA · CADAjax Ltd.UK · GBP
How it works

From one posting to every basis

Each step runs from a single transaction, so the books never drift apart.

Trial BalanceLiveACCOUNTDEBITCREDITBALANCEJournal entryJE-4471 · balancedPosted

Native multi-book vs. adjusting off to the side

Capability
Rivane
Legacy ERP
Bases
Maintained in parallel
One book plus spreadsheets
Posting
Once, to every book
Re-keyed per basis
Book differences
Automatic and traceable
Manual adjustments
Statutory reporting
A view to select
A year-end project
Built for multi-basis reporting

Every basis from one set of books

Record once, keep the differences traceable, and skip the year-end rebuild.

Basis-specific rules

GAAP, IFRS, tax, and management books each apply their own recognition, timing, and treatment automatically.

One contractMixed recognition modelsMixedOBLIGATIONRECOGNITION PATTERNPlatformSubscriptionMeteringUsage-basedOnboardingMilestone

Single source

One transaction posts to every book at once.

Traceable

Every book-specific adjustment is attributed.

Tax provision

A reconciliation you can follow, not rebuild.

Statutory

Local statutory views maintained in parallel.

Works with your reporting stack

Fixed assets, revenue, and tax data feed each book’s basis-specific rules.

NetSuite
Salesforce
Stripe
Snowflake
Avalara
Vertex
Workday
Ramp
"Tax provision used to mean rebuilding a second set of books from scratch. With parallel books it is a reconciliation I can actually follow, line by line."
Director of Accounting, industrial · early design partner

Trusted by modern finance teams

Grovio
Driffle
Nexmove

Frequently asked questions

Report on every basis from one ledger

See how Rivane keeps GAAP, IFRS, tax, and management books in parallel.