One of the great advantages of Odoo is its ability to handle multiple companies within a single database. This can be extremely useful for organizations with subsidiaries or affiliates, as it allows them to maintain a centralized system while providing each company with the flexibility to operate independently.
In this article, we're going to take a look at how to use Odoo's multi-company feature and some of the benefits it can offer your business.
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How to use Odoo's Multi-Company?
1. To start, you will need to create a new database for each company you want to include in your multi-company setup. You can do this from the "Create Database" page in the Odoo web interface. Once you have created all the databases, you will need to enable the multi-company feature on each one. This can be done from the "Settings" menu in the Odoo web interface.
2. Once you have enabled the multi-company feature, you will be able to add companies to your setup from the "Manage Companies" menu. Simply click on the "Create" button and enter the required information. To move between companies, tap on the company name that appears in the top bar of the screen; this will display the companies you use.
3. After you have added all of your companies, you will need to assign users to each of them, which can serve as a security method. This can be done from the “Users” menu. Simply select the user you wish to assign to a company and then click the “Edit” button. From here, you can select the company that the user should have access to from the “Company” dropdown menu.
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Advantages of Using Odoo's Multi-Company Feature
Now that you have your multi-company set up, you can start using it to your advantage.
- One of the most useful things you can do is to use different logos for each company. This can be done from the "Companies" menu. Simply select the company you want to change the logo for and click the "Edit" button. From here, you can upload a new logo by clicking the "Upload Logo" button.
- Another great way to take advantage of Odoo's multi-company feature is to use different currencies for each company. This can be done from the "Companies" menu. Simply select the company you want to change the currency for and then click the "Edit" button. From here, you can select the new currency from the "Currency" dropdown menu.
- Finally, you can use different tax rates for each company. This can be done from the "Companies" menu. Simply select the company you want to change the tax rate for and click the "Edit" button. From here, you can enter the new tax rate in the "Tax Rate" field.
As you can see, Odoo's multi-company software feature offers a ton of benefits for businesses with multiple subsidiaries or affiliates. You can make your business more efficient and save money.
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