Business with multiple branches
Here’s a polished and improved version of your question:
I operate a business under one ABN and ACN with two distinct locations. Each location has its own bank account for tracking income and expenses. Currently, I manage this setup with two separate MYOB subscriptions, but it has become increasingly inconvenient.
My staff work across both locations, requiring me to pay them separately from each MYOB account. Additionally, during BAS reporting, I need to manually combine data from two separate reports, with only a few being automatically consolidated.
I’m looking for a more streamlined solution. Is it possible to manage both locations, including their separate bank accounts, under a single MYOB subscription? If so, how can I structure this to:
- Maintain separate tracking for the financial health of each branch, and
- Analyze the overall performance of the business as a whole?