Loading
Because each branch keeps its own books. Consolidation is a manual merge at period end, inter-branch charges are matched by hand, and the group figure lags the branches by a week.
Multi-branch keeps each branch or entity as a dimension on one ledger, reportable alone or together without a separate consolidation exercise.
One chart of accounts, one ledger, a branch dimension on every posting. Branch reporting is a filter and consolidation is the absence of one, so both are live.
Head office recharges a shared cost to two branches. The charge and its matching credits net to nil on the group P&L, while each branch still carries its share.
It will not force branches to work alike. Different rate cards, terms and approval rules can coexist; what is shared is the chart and the ledger beneath them.
P&L, balance sheet, trial balance and cash flow all run per branch or consolidated. Tax registrations, GST reporting and bank accounts stay per entity where they must.
Yes, filing separately while consolidating for management reporting.
Yes, matched pairs net off on the consolidated view.
Yes, permissions scope by branch.
Fourteen days, every module, no card. Or half an hour with someone who will run it on your own records and tell you where it does not help.