• Registered: 08/09/2016
  • Posts: 5

Topic: Head office and Branch

Hello,

While I am still working on to implement it in our organization, Wanted to know if there is any possibility or how the below can be addressed..

1) Head office and Branches : Head office has P&L and Balance sheet also the branches are having P&L and Balance sheets which gets consolidated at Head office.

2) Head office has full fledged P&L and Balance sheet and Branch has only sales function but requires separate accounts(like tax, invoice number etc) as it operates in a separate jurisdiction

Not sure if any one has already raised these,  Appreciate your views.

Thanks

  • From: Singapore, India, Chennai
  • Registered: 05/02/2009
  • Posts: 6,089

Re: Head office and Branch

Have a common FA instance for the company. Use SimpleInvoices or some Point of Sale software that take care of AR / AP. Synch the FA with the AR/AP application at any desirable frequency.

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