Adding subsidiaries to Jisr

Definition of Subsidiaries:

Subsidiaries are companies owned and controlled by another company called the parent company or main company.

Subsidiaries operate under the supervision of the parent company and rely on its resources and organizational structure.

The purpose of subsidiaries:

• To expand the parent company's business into new markets or products.
• To enter new markets.
• To gain a competitive advantage.
• To reduce risks.

The Jisr system provides a subsidiary control feature:

• Distinguished supervisors in the parent company have full control and visibility over all subsidiaries.
• Other users are granted access to specific subsidiaries based on their assigned permissions.

Note 1: Subsidiaries can only be seen by the parent company, and subsidiaries cannot see other subsidiaries.

Note 2: When creating a subsidiary, the user can configure a different currency than the parent company, which will be the currency used in the subsidiary.

Note 3: A subsidiary cannot be created for a subsidiary of a parent company. This means that a subsidiary cannot be the parent company of any other subsidiary in the system.

The user has the permission "Account Admin" will be able to specify basic details such as company name, location, contact information, and other relevant data for each subsidiary.

Related articles:

Steps to Adding Subsidiaries in Jisr

How to switch between subsidiaries