Suppose I have a Company (A is head office)
B1, B2, B3, B4
We need to create parent company with child(B1, B2, B3, B4) and also create SO
I am creating SO for A, B company is the customer of A.
How we can manage company based accounting, company based customers and salesperson
I guess you want to follow these threads:
I’m starting this app with my initial idea.
Consolidated Financial Statement are for a Parent Company with subsidiary and associate relationships.
there are adjustments to be made for intra-group, depreciation, financial expense, etc.
Currently the reports are available for individual company.
I’ve created a Doctype for Consolidation - it establishes Parent, Subsidiary, Associate relationships and percent stake
I’ve copied 3 Basic Reports - Consolidated Balance Sheet, Consolidated Cash Flow…
How many entities do you have? Like how many books of accounts and filings do you have to maintain.
Branches are best managed with Cost Centers, unless you maintain local inventory in branches.
@JayRam thanks for reply.
Manufacturing unit in Indore
We will need below features
2.1 Company based accounting
2.2 Company based customers, salesperson
Can you elaborate a bit more please? This is too little information.
You have to set up the tax templates separately for subsequent companies. Just duplicate the tax template, change the company name and the account.
When you have multiple companies on the same instance, the companies share the item, supplier and customer masters.
If you don’t want that, you have to get into complicated user access rights management or have a separate instance for the two companies.