Hello,
Let's say a company ( i.e. the legal entity ) has multiple divisions. The company would like to have a separate chart of account for each division, in order to have a clear view on costs and benefets of each division. For legal purposes there is still the chart of accounts of the legal company.
In odoo it's fairly easy to configure a subcompany for each division, and to give subcompany/division its own COA. Is it however possible to have a consolidated accounting for the parent company to fulfill the legal requirements ? Can the tax declarations be sent from the accounting of the parent company ?
I know odoo account supports consolidated accounts, but i want to know if this would work out well in this case ?
Or is it allowed in Belgium to send multiple VAT declarations one for each division ?
Regards,
Jos