Best way to handle multiple divisions

DieterDorinDieterDorin Member Posts: 5

Hi. What is the best way to deal with 2 divisions of my company. My son and I are both Consultants and we have separate bank accounts at separate banks, but its all under the same corporation, so I'd like to run both divisional and combined reports. What is the best way to do that with the least amount of manual consolidation?

edited March 31, 2021 in Using Wave

Comments

  • EmmaPEmmaP Member Posts: 639 ✭✭✭

    Hi @DieterDorin! Thanks for reaching out! There will be pros and cons to whatever you choose to go with. In terms of setting them up separately, you have the option to Open Multiple Businesses within the same Wave account treating each one like a different business. This is a common workaround some of our users do, so you can switch between them with just a few clicks. You could then run reports for each business as needed and manually add the totals but again, Wave is not explicitly designed for this.

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