Multi-Company
One XBuddy tenant can hold several companies — a holding and its subsidiaries, a group of sister businesses, or a main company plus branches set up as legal entities. Each company keeps its own documents, chart of accounts, and settings, while your users work across them from a single login.
What multi-company gives you
- Company hierarchy — companies can be linked parent → subsidiary, so the group structure (including ownership percentage) is modeled explicitly.
- Per-company configuration — fiscal year, feature toggles, and accounting settings are set on each company, not globally. A subsidiary can close its books on a different fiscal calendar than the parent.
- Separate books, shared platform — invoices, bills, and journal entries always belong to one company; users, roles, and master data live at the tenant level.
- Group consolidation — the Accounting app can consolidate subsidiaries into group financial statements, including:
- FX translation for subsidiaries reporting in a different currency
- Non-controlling interest (NCI / minority interest) when ownership is under 100%
- Intercompany eliminations and reconciliation, so internal sales and balances don’t inflate group numbers
Feature toggles are per company too — you can trial a new business rule on one company before enabling it group-wide. See Feature Toggles.
When to use it
Use multiple companies when the entities are legally separate and each needs its own books. If you only need to split reporting inside one legal entity (departments, branches without separate books), cost centers and warehouses are usually the better fit.
Learn more
- Consolidation workflow and reports: see the Accounting app docs under Finance apps.
- Access control across companies: Roles & Permissions.