Family offices face unique accounting challenges, from managing multi-entity structures and complex ownership hierarchies to consolidating financial data across asset classes and currencies. Traditional business accounting tools often fall short, which is why many are turning to dedicated family office accounting software built to handle their specific reporting, consolidation, and operational needs.

In this guide, we break down five leading accounting platforms built for family offices, including their core client focus, regional coverage, regulatory compliance, and key capabilities.

Best family office accounting software

Archway

Year founded: Early 2000s | $$$$

Archway is an accounting platform for family offices, offering integrated investment data aggregation and reporting. It streamlines financial management across multiple entities and enhances decision-making with timely insights. Its strengths lie in handling complex ownership structures and delivering consolidated views across all asset classes.

Archway's depth and flexibility make it well-suited for offices that require high configurability and institutional-grade capabilities.

Best for: Large or complex family offices requiring deep configurability, fund and trust accounting, and full multi-entity visibility.

Core Client Segment

 Single Family Offices   Multi Family Offices   UHNWIs

Regulatory

 SOC2

Regions Served

 North America

Features & Capabilities

 General Ledger  Fund Accounting  Portfolio Accounting  Partnership Accounting  All In One  Bill Pay  Consolidated Reporting  Performance Reporting  PDF Reporting  Dashboards  Custodian Data Aggregation  Data Management  Document Management  Investment Analytics  Risk Analytics  N-tier Ownership Structures  Entity Map  Cash Flow Forecasting  Open Architecture  Notifications

Asseta

Year founded: 2023 | $$

Asseta is a modern, AI-powered platform combining accounting, investment tracking, and reporting in one system. The family office accounting platform offers timely analytics, has multi-entity currency capabilities, and seamlessly integrates with existing systems to track complex portfolios and financial data.

Designed for flexibility and control, Asseta enables family offices to scale efficiently while maintaining clear oversight across complex portfolios.

Best for: Modern family offices seeking a streamlined platform for accounting, investment tracking, and timely financial insights.

Microsoft Dynamics

Year founded: 2001 | $$Microsoft Dynamics is a comprehensive solution offering accounting, financial management, and enterprise resource planning capabilities. I's highly customisable and integrates with other Microsoft tools to provide a unified platform for family offices.For family offices already using Microsoft tools, Dynamics delivers consistency, flexibility, and enterprise-level infrastructure.Best for: Family offices already invested in the Microsoft ecosystem that need flexible ERP capabilities and customisable workflows.

QuickBooks

Year founded: 1992 | $

QuickBooks is a widely-used accounting software offering essential financial tracking tools, such as bookkeeping, invoicing, and tax management. It's known for its ease of use and scalability, suitable for businesses of varying sizes.

Its fast setup, intuitive interface, and strong ecosystem of integrations make it an efficient option for offices seeking simplicity and cost-effectiveness in their day-to-day financial management.

Best for: Smaller family offices with straightforward finances looking for an easy-to-use, cost-effective accounting solution.

Sage Intacct

Year founded: 1999 | $$

Sage Intacct is a cloud-based financial management platform that excels at multi-entity consolidation, dimensional reporting, and automation of core accounting workflows.

With strong compliance features and an open API for integrations, it provides the scalability and control growing family offices need for advanced general ledger and financial operations.

Best for: Growing family offices needing scalable multi-entity accounting, advanced reporting, and strong financial controls.

How to pick the best accounting software

Selecting the right accounting software is a critical step in building a well-run family office. Whether your focus is simplicity, scalability, or managing complex multi-entity structures, the best solution will depend on your operational needs and investment profile.

While each platform has its strengths, Asora complements your accounting system by delivering timely, customisable reporting across entities and asset classes. It’s a powerful layer that transforms raw data into clarity, enabling better decisions.

With the right accounting and reporting tools in place, family offices can improve efficiency, gain transparency, and confidently manage wealth for generations to come.

FAQs: Family office accounting software

What is the best accounting software for family offices?

There’s no one-size-fits-all answer. Archway, Asseta, and Sage Intacct are great for complex needs, while QuickBooks suits simpler family office setups.

Can QuickBooks be used for family office accounting?

Yes, but it’s best for smaller or less complex family offices. It lacks advanced features like portfolio accounting or multi-entity consolidation found in specialised tools.

How is family office accounting software different from regular accounting software?

It supports complex ownership structures, investment accounting, trust entities, and detailed performance reporting—beyond what standard business software offers.

What features should I look for in family office accounting software?

Key features include general ledger, investment tracking, multi-entity reporting, data aggregation, and integration with custodians or reporting platforms.

How do I choose the right accounting software for a family office?

Consider your office’s complexity, asset types, number of entities, reporting needs, and whether you require integration with other platforms like CRMs or reporting tools.

Accounting software isn’t enough on its own

The tools listed above are some of the best accounting solutions available for family offices. They’re essential for managing financial records, tracking transactions, and maintaining accurate books.

But accounting software only solves part of the problem.

To operate efficiently, family offices also need a management platform—one that can pull together data from across custodians, banks, investment managers and more, and turn that information into clear, actionable insights.

That’s what we’re building with Asora.

Key benefits include:

• Data aggregation: Consolidates financial information for easy access and reporting
• Customisable reports: Tailor reports to meet specific client or family needs
• Timely insights: Access up-to-date financial information for faster decision-making
• Seamless integration: Works alongside existing tools for a streamlined workflow

If you're looking to improve visibility, reduce manual work, and bring everything into one place, book a demo with Asora to see how it fits into your tech stack.