Multibook

One transaction, every standard

Post once and report under every standard you owe someone — group IFRS, US GAAP, local HGB or FRS 102. Multibook keeps statutory and group books from the same transactions, no parallel spreadsheets.

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Parallel books

Each entity carries its statutory book and the group book side by side, derived from the same underlying transactions.

Standard-specific rules

Depreciation, revenue recognition, and valuation differences post automatically to the right book with the right treatment.

One close

Close once — both books are ready. No restatement projects, no reconciliation between systems that were never meant to agree.

Statutory truth, group truth

The tension between local compliance and group reporting disappears when both come from the same ledger.

Any GAAP combination

US GAAP with local HGB, IFRS with FRS 102, group standards with statutory books in nineteen countries — every Light country page you've seen runs on this engine.

Light's accounts view with US GAAP as primary and HGB as secondary book, accounts mapped between them
Auditable differences

Every book-to-book difference is a posted, traceable entry — auditors see exactly why the statutory and group numbers differ, line by line.

Treatment settings: 36 months under US GAAP, 12 months under HGB for the same ledger

Multibook powers Light's country pages: local GAAP everywhere you operate, one group close.

Unify your financial data

Multibook is amplified by the Light platform. Experience the smart financial platform.

100x faster

A powerhouse for processing data. Up to 100x faster than NetSuite.

Integrated ledger

Single source of truth for all your global finance data.

AI native

Let Light streamline finance and deliver effortless insights.

Automated

Slash 80% of manual finance tasks.

Real-time reporting

Quickly build any report, iterate on it together, and engage everyone.

Advanced auditing

Track every interaction, every document, every detail all in one place.

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