Multiple Companies in a Group of Companies

[koekemoerac (Braam Koekemoer)]

Good day

If 4 companies exist in a group of companies, and each company in the group have different currency e.g.:
Group Company (Parent) = ZAR
Company 1 = ZAR
Company 2 = KES
Company 3 = EUR
Company 4 = USD

Must I create account types for each company, and a chart of account for each company?

Or is there a way to only create all at group level?

[pokoli (Sergi Almacellas Abellana)]

@koekemoerac

Must I create account types for each company, and a chart of account for each company?

Yes, you should creat a chart of accounts for each company you want to have accounting.

[josesalvador (José Salvador)]

So what is the goal to group companies? What is the benefit far away to get “visually” grouped? There is any change in terms of behaviour to group companies?

[pokoli (Sergi Almacellas Abellana)]

@josesalvador

So what is the goal to group companies?

For example to let a user of the group to work on each of the children companies.