Multi company invoices affecting both accountings?

1

Is it possible to have a setup with 2 companies where one company sells to the other and it shows up automatically in both company’s accounts?

We have two sister companies where the majority of transactions occur between them (one purchases from the other). A setup like this would help reducing the book entry work since it’s essentially the same bookkeepers for both companies, although both maintain separate accounting books (they are in different countries).

Thanks.

3

As per understadnig, I think, it is possible to set up inter-company transactions to facilitate automatic accounting entries for sales and purchases between sister companies.

Please check the documentation of Inter Company Invoices