New Company

[Former Member]

Hi All,

My client have to open a new branch with different currency than the Headquater. Any best practice to do it??

Thanks

[Former Member]

Hi Gary,

The new DB for new branch can be set as different currency for LC but SC keeps the same as head-quarter. In this way, the consolidation report would be easy through SC as long as they share the same Chart of Accounts.

Thanks,

Gordon

[Former Member]

Hi Gary.....

You may design a new database......

And keep it on same server....

Regards,

Rahul

[Former Member]

Hi Rahul,

It is easliy create a new DB but how to connect those two DB in order to read the G/L from Head office?

Thanks

[Former Member]

In that case separate DB concept wont work you have to mention all those in same DB where all the GLs for Headquarters exist. But in such case the your separate currency concept wont work.....

Regards,

Rahul

[Former Member]

Then are there any tools for export the GL from branch and then import to Head office?

Thx

[Former Member]

DTW is there, Copy Express is there which function only to import the Master Accounts.....

Regards,

Rahul

[Former Member]

Thanks Rahul,

That means lack of solution for the tansaction. Thank you very much

Regards,

Gary