Multi-company and branches

Several companies and branches, one login.

Each company keeps its own books, registrations and currency. You see each one on its own, or the whole group together, without switching systems.

  • Companies and branches
  • Separate books
  • Several countries and currencies
  • Group totals

Does running the group look like this?

be honest
  • One system per company.

    Each company has its own login and its own file, and you are the only person who sees all of them.

  • Group numbers take a week.

    Every month someone exports each company’s figures, converts the currencies and adds them up in a spreadsheet.

  • What one company owes another doesn’t match.

    A charge sits in one company’s books and is missing from the other’s, and the gap turns up at year end.

Your group’s total, without the spreadsheet.

An illustration: a parent company and one subsidiary, one month’s sales, in the group’s reporting currency.

Parent company, sales
500,000
Subsidiary, salesconverted to the group’s currency
300,000
Sales from the parent to the subsidiaryremoved: the group can’t sell to itself
−80,000
Group sales for the month
720,000

Each company’s books stay its own. The group total is read from them, not typed again.

An illustration with round numbers and no currency. Exchange rates and how the group is consolidated follow your accounting standard.

Everything a group needs, under one roof.

Companies and branches, in one place
Add each company you own, the branches under each, and their cost centres and departments. A branch can be a shop, a plant or an office.
Its own books, its own rules
Each company has its own country, currency, fiscal year and chart of accounts. A company in India and one in the UAE can sit side by side.
Every registration, kept straight
Each company holds its own tax registrations, like a GSTIN for each state or a TRN, and each branch trades under the right one. Tax invoices run in a series for each.
One login, the right access
People see only the companies and branches they are given. Access to a second company is a deliberate grant, never a side effect.
Group totals in one place
See each company or branch on its own, or the group together in its reporting currency, with the parent and its subsidiaries set out as they are.
Between your own companies
What one company sells to or owes another is kept on both sides and removed from the group totals, so the group never counts its own business twice.

Multi-company questions people ask us.

1.

What is multi-company ERP?

One system for a business that runs more than one company or branch. Each company keeps its own books and registrations, and you see each one, or the whole group, from one login.

— the PrimoERP team

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