29. Multi-Ledger
In a consolidation workflow, every company keeps its own regular
ledger; the standard book that captures day‑to‑day transactions
while leaving out any consolidation‑adjustment journals. The entity
responsible for producing the consolidated accounts also maintains a
separate multi‑ledger for consolidation. That special ledger gathers
only the adjustment journals originating from the subsidiaries,
giving you a clear picture of the total impact of all consolidation
entries in one place.
To set up an additional ledger in Odoo, navigate to Accounting ▸
Configuration ▸ Multi‑Ledgers, click New, assign a name, link it to
the appropriate company, and specify which journals should be
excluded from that ledger.