Hi everyone, I’m currently managing three separate businesses in different locations, each with its own unique accounting requirements. My goal is to consolidate the financials of these businesses into a single view. I’m aware of the division feature, but it quickly becomes confusing, especially s…

I think each business could have Charts of Accounts Groups, subgroups etc that may not match the setup of other businesses COA. They may not fit into each other to get a consolidated view of business. If Divisions are not for you then create separate business and copy reports from each business and…

[image] shahabb: I think each business could have Charts of Accounts Groups They as in our case can also operate in total different jurisdictions with different base currencies and languages. [image] shahabb: create separate business and copy reports from each business and do formatting …

This workaround, while useful, would become cumbersome with regular updates and changing numbers. Managing group decisions and reallocating working capital or investments would be time-consuming with this method. Additionally, regulatory filings for the firm as a whole, rather than as separate outle…

[image] shahabb: I think each business could have Charts of Accounts Groups, subgroups etc that may not match the setup of other businesses COA. They may not fit into each other to get a consolidated view of business. Group headings like Accounts Receivable, Accounts Payable, Assets, and othe…

[image] Xcode: Additionally, regulatory filings for the firm as a whole, rather than as separate outlets, would benefit greatly from such consolidated features. In that case why are you having issues with using divisions? Each account belongs to separate division whether its cash/bank account…

[image] Combining & Consolidating Multiple Business Accounts I’m not planning to implement consolidation of multiple business files. It would be impossible to do it correctly. What I’m planning to do is improve divisional accounting so you can set for each asset and liab…

I was using divisions for the purpose of consolidating businesses for a number of years, but about a year ago I abandoned using divisions for this purpose for the following reasons: Due to the requirement to select the division at account level for Balance Sheet accounts it is necessary to have mu…

[image] Xcode: such as Tally Prime etc. I had a closer look at this and although not a fan of ERPs such as Tally noticed they made it very easy to “sum things up.” You simply have to create a Group and assign several businesses to it and it summarizes the results in key financial statements. …

Thank you all for your support and for backing this request! Your input and encouragement mean a lot, and it’s great to see our community coming together to make Manager even better. I kindly request the implementation of this feature because I truly enjoy using Manager for my businesses, and adding…

[image] eko: I had a closer look at this and although not a fan of ERPs such as Tally noticed they made it very easy to “sum things up.” You simply have to create a Group and assign several businesses to it and it summarizes the results in key financial statements. Odoo as well has a similar …

Request for Company Group Feature in Manager Cloud

shahabb August 11, 2024, 2:00pm 7

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Request for Company Group Feature in Manager Cloud

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