The Divisions feature enables you to track different segments of your business independently.
Each division can have its own income, expenses, assets, and liabilities for complete financial separation.
Common uses include geographic regions, product lines, departments, or business units.
To create a new division, click the New Division button.
Give each division a clear name and optionally a code for quick identification.
For more information, see: Division — Edit
Once created, assign divisions to individual transactions like Payments, Receipts, and Sales Invoices.
This builds a complete picture of each division's financial performance.
Divisions can be assigned to transactions affecting profit & loss accounts or custom balance sheet accounts.
This allows tracking of divisional income, expenses, and custom assets or liabilities.
Sub-accounts like Bank and Cash Accounts, Customers, Suppliers, and Fixed Assets cannot have divisions assigned at the transaction level.
Instead, these accounts must be assigned to a division at the account level.
Sub-accounts must be wholly owned by a single division because their entire balance belongs to that division.
For example, a bank account balance cannot be split between divisions - the whole account belongs to one division.
This often means having separate bank accounts, customer accounts, or assets for each division.
Manager automatically handles cross-division transactions by creating interdivisional loan accounts.
Example: If Division A's bank account pays for Division B's expense, Manager tracks this as an interdivisional loan.
This ensures each division's financial position remains accurate even with shared resources.
Financial reports can be generated for individual divisions or compared side-by-side.
Both Balance Sheet and Profit and Loss Statement support divisional reporting.
Create comparative reports to analyze performance across divisions and identify top performers.
Use divisions for permanent or long-term business segments like regions, departments, or product lines.
This differs from Projects which typically have start and end dates and are temporary in nature.
Divisions continue indefinitely until deactivated, while projects have defined lifecycles.
For more information see: Projects