Setting up CoA with multiple Company locations
I am trying to determine the best way to set this company up. They have 19 different locations. They have a large chart of accounts, because they seperate each account by each location. So essentially they have 19 "Petty Cash" accounts, one for each location.
Would this be the best way to setup using the different locations?
I was thinking of setting up a parent account with the 19 company accounts below, but this is going to further expand their large CoA.
Currently they have about 4500 accounts in their CoA.
Is there a different area of the system in which I could account for the different companies while using only ONE account?
Any insight would be great.
There is no easy solution in your case. If you set up only one company, the authorization will be a big issue. If you set up 19 of them based on location, synchronize them will be even more difficult.
If all they locations have more users, B1 may not be the right choice. All-in-one could be better.
My 2 cents.