Add a second company and switch to it

The steps

Find it

1. Multi-Company is under ADMINISTRATION in the menu. Quickest: tap Search anything…, type multi and tap Multi-Company under "Go to".
2. It opens on Group Overview: the whole group's revenue, profit and cash, after amounts between your own companies are taken out.

Add a company to the group

1. Tap Add Entity at the top of the screen.
2. Tap e.g. KMP Consulting (Pty) Ltd and type the new company's registered name, such as KMP Logistics (Pty) Ltd.
3. Tap 2026/XXXXXX/07 and type its CIPC registration number, such as 2026/552310/07. Its VAT number goes beside it, if it has one.
4. Under Group position, search for the company that owns it, if one does. Leave it blank for a company that stands alone.
5. Tap Add Entity at the foot of the form. The new company keeps its own books, separate from the others.

Scenario: you need to work in the other company

1. Tap All Entities. Switch to this company, on a company's card, opens its books at its dashboard, and everything you raise then goes into that company.

Scenario: you want the group's figures together

1. Tap Consolidation and pick the holding company to consolidate at. The group's statements leave out what your companies owe each other.
2. Tap Intercompany for the loans, fees and recharges between your companies, each marked waiting for a match, matched or eliminated.

More detail is in the guide.

Check yourself

1. What do the figures on Group Overview leave out?

   • Every company except the one you are in
   • Amounts your own companies owe one another
   • Anything not yet reconciled to a bank statement
   Show the answer

   Amounts your own companies owe one another

2. You raise an invoice. Which company is it created in?

   • Always the holding company
   • Whichever company you choose later
   • The company you are working in at the time, so check its name first
   Show the answer

   The company you are working in at the time, so check its name first

3. What does setting the holding company drive?

   • The group structure and which balances are eliminated on consolidation
   • The VAT rate each company charges
   • Who is allowed to sign in
   Show the answer

   The group structure and which balances are eliminated on consolidation