Hello
I want to look for the best approach to implement ERPNext in our business
I have a One Registered Taxable Business. Like a parent company for consolidation.
But we have multiple business models that we work on it like brands, this brands are registered as assets under the parent so our customers make business with us like brands but the invoice is from the parent:
Parent Company:
-
Beauty products(Selling Fragrances and clothing)
We manufacture the clothing
We Import from USA the fragrances -
Electronics products(Selling Products)
We Import from USA the products -
Software development(Sell services)
We outsource software development -
Import and Customs Services(Sell services)
We provide a service of merchandise importing from USA to our country with fixed prices
We only have 1 bank account for all our transactions
My idea is to use Multicompany approach or a Profit/Cost Center
Our Parent company actually is the one responsible to manage:
- Human Resources
- Payroll
- Assets
- Even if an asset has been purchased to use on one brand
- Expenses
- Advertising expenses on each brand.
Our brands manage his own:
- Inventory(If exists)
- Customer information
- Invoicing
So im looking for a practical approach, but Iām mainly interested on have my accounting properly
Thanks for any help,
Best regards,
Jeans K. Real