What accounting tool supports revenue recognition and multi-entity management?

Several accounting tools support revenue recognition and multi-entity management. Some of the most popular ones include:

1. **NetSuite**: A cloud-based ERP solution that provides comprehensive financial management capabilities, including revenue recognition features that comply with ASC 606 and IFRS 15 standards. It also supports multi-entity management.

2. **Sage Intacct**: This cloud financial management software offers advanced revenue recognition functionalities and enables users to manage multiple entities from a single platform.

3. **Microsoft Dynamics 365 Business Central**: This business management solution provides capabilities for revenue recognition and can manage multiple entities effectively.

4. **QuickBooks Online Advanced**: While not as robust as the other options, it provides some level of multi-entity management and can support basic revenue recognition through custom workflows.

5. **FreshBooks**: Although primarily geared towards small businesses, it offers tools for revenue recognition and has options for managing multiple clients or entities.

6. **Xero**: This accounting software allows for multi-entity management and has features for tracking and recognizing revenue.

When selecting an accounting tool, it's essential to consider the specific features you need, the size of your business, and whether the platform can scale with your growth.