QB Issue Resolution:
Check with your countries tax laws, but a separate company can not share an asset (inventory) with another anywhere I know of.
One company can purchase inventory, and then sell it at purchase cost to another, but that has to be a distinct transaction.
Check out the help file on using class to track different departments of a company, it may be in the best interest to not have separate accounting files – assuming the branch and the main company files a joint tax return.
Resolution for Issue 'We are planning to open another branch by the end of this month for our business. Would like toshare inventory information but have independent accounts' available: Yes (Solved).
Source: Intuit Community forum.
We are planning to open another branch by the end of this month for our business. Would like toshare inventory information but have independent accounts: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.Support for countries tax laws
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Error Recovery for countries tax laws [Canada]
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