{"id":39,"date":"2013-10-29T08:54:55","date_gmt":"2013-10-29T08:54:55","guid":{"rendered":"http:\/\/blog.goodwill.co.id\/?p=39"},"modified":"2013-10-29T08:57:50","modified_gmt":"2013-10-29T08:57:50","slug":"implementation-options-for-holding-company","status":"publish","type":"post","link":"https:\/\/www.goodwill.co.id\/blog\/implementation-options-for-holding-company\/","title":{"rendered":"Implementation options for holding company"},"content":{"rendered":"

Implementation options for holding company.<\/strong><\/p>\n

Many times we are facing this scenario. Our client has more than one business (legal) entities. How do you deal with that ?<\/p>\n

Option 1: Implement in single Adempiere client (A as the holding company). The subsidiaries will go as Organization A1, Organization A2, and so on.<\/p>\n

Consequences:
\n– All subsidaries must be 100% own, as Adempiere don’t take care of % role up.
\ne.g. Company A own 51% of company A1, hence only will take in 51% of profit, assets, liability…etc…
\n– All data is in one Client instance. So,
\n+ Online realtime information access & reports
\n+ One mass up, all mass up (possible)
\n+ One Financial Calendar (not all company share the same Financial Calendar.
\nSome are Industry driven.)\u00a0\u00a0 – You can make each Organization have their own calendar but at the end you lose the ability to consolidate)
\n+ So everyone open and close period the same time.
\n+ One accounting schema (Segment value is also very much Industry specific)
\n+ One accounting elements (COA) – Don’t think it goes well with CFO of each subsidary. Normally they like to be in FULL control of their accounts set up\/make up.
\n+ No need manual export, format, load data
\n+ Security access control is much more challenging
\n+ All must have real time connection to one server<\/p>\n

Option 2: Implement into separate Adempiere clients.<\/p>\n

Consequences:
\n– Will be the opposite of above
\n– Need a consolidation module to produce consolidated Financial Report for holding company.<\/p>\n

– If you install in different instances (can be physical or virtual server), you can back up separately. One goes down, the rest is still intact. – But you need to do updates and upgrades to each instances.<\/p>\n

Conclusion:<\/p>\n

If all of your subsidiaries are the same industry, you can take your bet on first option. Just make sure you have a strong backup and recovery strategy. If not, it is still better to choose second option.<\/p>\n

\u2013<\/p>\n

Goodwill Consulting<\/a> adalah bagian dari komunitas pengembang dan pendukung Adempiere. Jika Anda membutuhkan bantuan profesional untuk implementasi Adempiere, silahkan menghubungi kami.<\/p>\n","protected":false},"excerpt":{"rendered":"

Implementation options for holding company. Many times we are facing this scenario. Our client has more than one business (legal) entities. How do you deal with that ? Option 1: Implement in single Adempiere client (A as the holding company). The subsidiaries will go as Organization A1, Organization A2, and so on. Consequences: – All […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22,2],"tags":[26,25,24],"class_list":["post-39","post","type-post","status-publish","format-standard","hentry","category-adempiere-tips-tricks","category-consulting","tag-financial-report","tag-holding-company","tag-implementation"],"yoast_head":"\nImplementation options for holding company - Goodwill Consulting<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.goodwill.co.id\/blog\/implementation-options-for-holding-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Implementation options for holding company - Goodwill Consulting\" \/>\n<meta property=\"og:description\" content=\"Implementation options for holding company. 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