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Office System creation

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Hello,
 
I need have some insights whether it is better to have in the system several offices including company's overhead or rather a unique office with several office types? what would be the best practice for its creation to facilitate reporting and analysis afterwards?
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  • VaHiX Profile Picture
    VaHiX 4,040 on at
    Office System creation

    Multiple Offices with Company Overhead

    Pros:

    • Detailed Reporting: Allows for more granular reporting by office, which can be useful for tracking expenses, revenues, and performance at a more detailed level.
    • Clear Allocation: Overhead costs can be allocated to different offices, providing a clearer picture of each office's financial performance.

    Cons:

    • Complexity: Managing multiple offices can add complexity to your setup and reporting processes.
    • Potential for Redundancy: There might be some overlap in overhead costs, which can complicate cost allocation.

    Single Office with Multiple Office Types

    Pros:

    • Simplified Setup: Easier to manage with fewer entities to track and report on.
    • Consolidated Reporting: Simplifies reporting by consolidating data into a single office entity, making it easier to analyze overall performance.

    Cons:

    • Less Granularity: May lack the detailed insights that come from tracking multiple offices separately.
    • Allocation Challenges: Allocating overhead costs to different office types within a single office can be more challenging.

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