If you're thinking about turning your single Figured license into a multi-farm (multi-enterprise) but you're not sure how it would work, check out the information below to see what it offers in comparison to a single license.
Switching to a multi-farm (multi-enterprise) allows you to...
Have one Xero account with a single tax number for as many unique entities as you like
Have a single streamlined chart of accounts across all of the entities
Have multiple Figured licenses under the one main Figured farm link
Fully plan and report on a single farm view...
...and then view all plans and reports on a consolidated view too!
Create production trackers unique to a subsidiary farm - use the same sales and purchases accounts no matter how many beef trackers you need (Financial Farmer only)
Raise invoices to Xero using the subsidiary farms unique tracking option (Financial Farmer only)
Looking to switch over to a multi-farm (multi-enterprise)? Check out the how to on doing it, or get in touch with the team if you've got a few more questions.