The Budget Headache Finance Teams Know Too Well
If you’re managing budgets across multiple entities, you probably know the drill: dozens of spreadsheets, endless version control issues, and time-consuming manual comparisons between budgeted and actual numbers. It’s tedious. It’s error-prone. And it makes tracking performance harder than it should be.
Most finance teams are still stitching together data from Xero, QuickBooks, and other sources — just to answer one question: Are we on budget?
There’s a Better Way to Track PerformanceBudgets aren’t just numbers — they’re how finance teams plan, steer, and hold their business accountable. But without a single, consolidated view across your group, it’s nearly impossible to track performance with confidence.
That’s why we built Budgets — a new feature in Translucent that lets you consolidate your budgets and compare them to actuals in real time, across all your entities.
No more spreadsheet chaos. No more guesswork.
Introducing Budgets by Translucent
We’ve just launched Budgets, purpose-built for finance teams managing multiple Xero or QuickBooks entities.
Here’s what it does:
Whether you're working with multiple tracking categories or juggling group-wide P&Ls, Budgets gives you the clarity and control you need — without changing your workflow.
How It Works
Translucent brings all your budgets from Xero and QBO into one centralised view. You can also create new budgets directly in Translucent — and combine any single-entity budgets into a consolidated group view. Once set up, you can easily compare actuals to budgets across your group or by entity.
Here’s how it helps:
1. Auto-sync with Xero & QuickBooks
Translucent connects directly to Xero and QuickBooks to automatically pull your budget data — across all entities and tracking categories. No more exporting CSVs or mapping accounts. Your budgets stay in sync and always reflect what’s in your accounting system.
2. Manage Budgets Across All Entities
Once your budgets are in Translucent, you can view, edit, and manage them from one central place. Create new budgets and consolidate them across your group. It’s budgeting at scale — built for multi-entity finance.
3. Compare Budgets to Actuals
With your actuals already in Translucent, we automatically compare them to your budgets. View performance against budget across the group, by entity, or by tracking category. Choose your preferred reporting cadence — monthly, quarterly, or yearly — and see where you’re over or under budget at a glance.
The Bottom Line
With Budgets, we’ve made group-wide budgeting simpler, smarter, and faster. Whether you’re consolidating data from Xero or QuickBooks, building cross-entity budgets, or tracking performance across departments, Translucent gives you one central place to manage it all. No spreadsheets. No switching. Just clarity.
We’ve released the first version of Budgets — enabling you to manage all your single-entity budgets and apply them to your group reporting. And this is just the beginning. Soon, you’ll be able to build consolidated budgets and work seamlessly with tracking categories, all within Translucent.
Budgets is included in the Consolidation subscription — so if you’re already a customer, it’s ready for you to use at no extra cost. Not yet using Translucent? Now’s the perfect time to start your free trial and see what smarter budgeting looks like.