Solution of the Week - Multiple Organization Setup with Same Base Currency
You can use the Zoho Analytics integration with Zoho Finance to create financial statements like balance sheet or profit and loss statement easily. The integration setup can be done in two ways:
- Single Organization Setup
- Multiple Organizations Setup
If you are using the single organization integration setup, Zoho Analytics provides auto generated pre-built financial reports and dashboards. But if you have a business operating from multiple locations in the same country, and you want to analyze the consolidated financial reports, then you have to use the Multiple Organizations integration setup.
Creating financial reports on data from multiple organizations requires a few additional steps. The following presentation shows in detail how to create reports in a Multiple Organizations Setup with the same base currency.
If you have multiple organizations with the same base currency (examples include franchises, auto dealerships, supermarket chains etc), do try the above. In the next post, we will see how to handle multiple currencies.
UPDATE: Consolidated Balance Sheet for Multiple Organizations with different base currencies