Accounting · Odoo glossary
Multi-Company
Multi-company ERP manages several business entities in one system while retaining the accounting and operational boundaries required for each entity.
Definition
In general ERP practice
Multi-company ERP manages several business entities in one system while retaining the accounting and operational boundaries required for each entity. Shared master data does not imply shared legal books.
In Odoo
Odoo can hold multiple companies in one database. Users switch or select companies according to their allowed access; some records are shared and others company-specific. Multi-company reporting alone is not a completed consolidation with eliminations.
Official Odoo documentation
The Odoo-specific explanation above is based on the documentation for Odoo 19. Features and workflows can differ in other versions.
Related glossary terms
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