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Multi-company and branch management

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In this video, learn how to manage branches and multi-company environments.

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1. If I have a main company with branches linked to it, when is the closing date of the fiscal period?
There is a fiscal period handled by the main company, and it applies to all its branches. The main company and each branch all have their own fiscal period closing date. The main company handles its own fiscal period, and all its branches have a separate common fiscal period. In the branch settings, the fiscal period closing date can be set to the same date as the main company's or the branch’s own fiscal period closing date.
2. Can users have different access rights for each company/branch?
User access can be granted or limited to specific main companies, but branch access is the same as the main company's. User access is the same for all companies and branches managed in the same database. User access can be granted or limited to specific main companies and/or branches. Access rights cannot be set for individual companies or branches, as permissions apply only at the database level.
3. Can accounts be shared between companies?
Yes, accounts can either be mapped or merged between companies, and the journal items displayed on consolidated reports are shown separately. Yes, accounts can be either mapped or merged between companies, and reports are impacted with all journal items displayed from the active company’s perspective. Yes, accounts can either be mapped or merged between companies, and multi-ledgers need to be configured to view the impact on reports. No, each account is associated with the chart of accounts of its respective company or branch.