Multiple Chart of Accounts

anjofesi
anjofesi Member Posts: 2
edited 2005-10-30 in NAV/Navision Classic Client
Hi!,
How can I have a company with 2 different Chart of Accounts ?
For example, a english company with an office in France that it has to report with a French Chart of Accounts and at the same time it has to report to the brand office with a english Chart of Account.

Thanks for any help.

Comments

  • bbrown
    bbrown Member Posts: 3,268
    Setup a second company (GL Only) and use consolidation to map accounts.
    There are no bugs - only undocumented features.
  • Oliver_Williams
    Oliver_Williams Member Posts: 6
    I'd be interested to learn if there are any disadvantages from using one company with the chart of accounts denoting seperate entities and each sales or purchasing transaction being posted to the correct code in the COA.

    If you set up multiple companies there appears to be a number of restrictions regarding any detailed reporting across the different companies, which if you use a single company would be alleviated.

    Thanks
  • bbrown
    bbrown Member Posts: 3,268
    My understanding of the question was 'how can you present the same transaction information in two different chart of account formats. Consolidation would allow the mapping of different G/L accounts between the companies in as much or as little detail as desired.

    If the goal is to report English transactions in the English COA, and French transactions in the French COA then the single company approach may be better.
    There are no bugs - only undocumented features.
  • Oliver_Williams
    Oliver_Williams Member Posts: 6
    It might be slightly off topic

    I am trying to set up a UK, French and German system. We have been recommended by our NSC to setup 4 companies, 3 operational and 1 consolidation.

    However I understand that if we take this approach it is not possible to report at a detailed level across all of the companies. Some of our biggest customers and suppliers trade with us across all three locations and stock is common across the companies. To get any detailed transaction history we are told that we will need to log onto each company individually.

    If we setup 1 company with each country being designated by different ranges within the COA and customers, suppliers and stock being differentiated by a prefix or filter, this would seem to solve our reporting problems. Will this work. Is there anything in Navision that would create a problem doing this?

    Thanks

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