Entity Map & Visualizations
Family offices manage complexity that most accounting software wasn't designed to handle. SumIt's entity map gives you a single visual of every entity in your structure, how they connect through ownership relationships, and the information that sits behind each one.
This is a living map of your entity structure — it drives consolidations, tracks ownership changes over time, and keeps critical entity details accessible in one place.
Most family offices maintain their entity structures in PowerPoint, Excel, on paper, or in someone's head. SumIt's entity map renders your entire structure visually, with every entity and ownership relationship displayed in one place.
Clicking into any entity surfaces the details behind it, such as officers, key documents, advisor information, and more.
SumIt supports full consolidation with automatic eliminations, simple entity combines, the equity method, and net worth statements that apply cascading ownership percentages through your full structure — all in a single click, with no manual configuration needed between report types.
Entity structures vary significantly from one family to the next, including in size, complexity, how ownership relationships are organized, and more.
SumIt's entity map accommodates that range, whether you're managing a straightforward single-family structure or a multi-tiered complex one.
For multi-family offices, switching between client environments is straightforward with the right user permissions. Each family's structure is fully contained within its own environment, so every entity map is accessible without navigating between separate systems.
Sophia Franco, CFO
Point North Capital
What is an entity map in family office accounting software?
An entity map is a visual representation of a family office's full legal and ownership structure, including every entity, how they connect, and the ownership percentages between them. In SumIt, the entity map is interactive, so clicking into any entity surfaces key details including officers, documents, and advisor information, and the map serves as the structural foundation that drives consolidations and partnership accounting across the platform.
How does SumIt's entity map handle changes in ownership over time?
Can SumIt handle complex multi-tiered ownership structures?
How does the entity map connect to consolidation reporting in SumIt?
Does SumIt support partnership accounting across entities?
Can a multi-family office manage multiple client structures in SumIt?
Try SumIt Today
Modernize Your Back Office, Today.
Talk to us to learn more about SumIt and we will help you evaluate our platform. We care about your success and can help you find out quickly if SumIt can be a good fit.
