#Japan #Tokyo #QuickBooks #API Integration #Money Forward

Money Forward Boosts Its Cloud Consolidated Accounting Service

Money Forward Co., Ltd., renowned for its innovative financial technology solutions, has announced a significant enhancement to its `Money Forward Cloud Consolidated Accounting` platform. The integration with Intuit's `QuickBooks Online` API marks a pivotal move in strengthening connectivity with foreign services. Following the announcement of an API integration with `Xero` in August 2025, this update represents the second phase in their commitment to enhance their service offerings.

`QuickBooks Online`, a cloud-based accounting software designed for small to medium-sized businesses and developed by Intuit, is widely used by numerous Japanese companies with overseas subsidiaries. The new API integration allows users of `Money Forward Cloud Consolidated Accounting` to automatically retrieve accounting data from their foreign subsidiaries that utilize `QuickBooks Online`. This data collection, which includes balance trial sheets, can be executed with just a single click and is converted into a standardized format. Furthermore, the new features will encompass foreign currency conversions, AI-driven subject translations from multiple languages, display language switching, as well as compliance with IFRS regulations. The update significantly reduces manual data handling and streamlines the process of gathering financial data from overseas subsidiaries, thus accelerating operational efficiency.

Background

In recent years, there has been a noticeable increase in the number of Japanese companies venturing overseas, leading to a rise in enterprises with foreign subsidiaries. However, consolidating financial reports from these subsidiaries comes with its own set of challenges, including communication barriers stemming from language differences, cultural practices, and time zone discrepancies. The process of collecting and processing accounting data can often be labor-intensive and time-consuming, resulting in potential inaccuracies and delays in reporting.

Thanks to this new API integration, companies can now connect from `Money Forward Cloud Consolidated Accounting` to `QuickBooks Online` with just one click, allowing for direct access to necessary accounting data. This will alleviate the burdens of data collection and minimize the risk of human error, enhancing both the speed and accuracy of consolidated financial reporting. Moreover, companies will now have real-time visibility into group-wide accounting data, aiding swift decision-making and bolstering governance practices.

In addition to the integration with `QuickBooks Online`, `Money Forward Cloud Consolidated Accounting` had previously announced a collaboration with the global accounting software `Xero` back in August 2025. This ongoing commitment signifies Money Forward's drive to further develop relationships with leading global accounting systems, enabling a wider array of businesses to enhance their operational efficiencies and expand on a global scale.

About Money Forward Cloud Consolidated Accounting

`Money Forward Cloud Consolidated Accounting` is a sophisticated system designed to empower businesses by streamlining data collection and file management across group companies, providing real-time visualization of management status. The automated data collection via API connections with `Money Forward Cloud Accounting` and `Money Forward Cloud Accounting Plus` significantly reduces the hassle of digital data management. Notably, it supports Excel file imports without the need for CSV conversion, making it versatile for various accounting systems, including those utilized by overseas subsidiaries.

For more details, visit: Money Forward Cloud Accounting

About Money Forward Co., Ltd.

• - Name: Money Forward Co., Ltd.
• - Headquarters: 3-1-21 Msb Tamachi, Shibaura, Minato-ku, Tokyo, Japan, 21st Floor, Tamachi Station Tower S
• - CEO: Yosuke Tsujii
• - Establishment: May 2012
• - Business Scope: Platform service business
• - URL: Money Forward Corporation

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