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If I use Multi company setting, will (or can) the transactions from both company's be consolidated into one set of accounts?

By
Geoff Kimpton
on 7/22/15, 1:16 PM 488 views

If I use Multi company setting, will (or can) the transactions from both companys be consolidated into one set of accounts?

I am a sole trader running two trading names under one VAT registration.

Ok, thank you.  that certainly makes sense to me. I was only looking at multi company because someone here suggested it as an easy way to have two websites ( one for shop, local market, info only.  The other for national market, ecommerce ) Perhaps there is another way of duplicating a website? The local site will have all the same products (around 400 to start) but without the option to buy online.

Geoff Kimpton
on 7/22/15, 4:36 PM
1

Fabrice Henrion (fhe)

--Fabrice Henrion (fhe)--
5823
| 7 7 8
San Francisco, United States
--Fabrice Henrion (fhe)--

Director Odoo USA

Fabrice Henrion (fhe)
On 7/22/15, 4:17 PM

If you have only one VAT number, it means you have only one legal entity, that you report only once to tax authorities, and that you should have only one chart of account. In that case, you should not be using the multi company feature in Odoo. 

0

Ermin Trevisan

--Ermin Trevisan--
3536
| 6 3 7
Walchwil, Switzerland
--Ermin Trevisan--


Ermin Trevisan
On 7/23/15, 3:47 AM

As an amendment to fhe's answer: You can use Analytic Accounting to report for different trade names.

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Asked: 7/22/15, 1:16 PM
Seen: 488 times
Last updated: 7/23/15, 3:49 AM