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Can we allocate common expenses to multiple companies based on predefined percentage?

April 26, 2017based common companies expenses PERCENTAGE predefined

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Can we allocate common expenses to multiple companies based on predefined percentage?

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Answer. Since each company is treated as a different legal entity, the transaction within one legal entity will not directly affect the transactions in other legal entities. For costing purposes feasible by allocating to those cost centres and seeing a consolidated costing report for transactions in a single databse but units defined as different companies.