How to Create Company in ERPNext

In this video, we will walk you through how to create company in ERPNext – a step-by-step ERPNext company setup guide for beginners.

- To start, navigate to the Company List in ERPNext and click on Add Company to begin the setup process.

- Enter your Company Name, Abbreviation, select the Default Company Currency, and choose the Country where the company is based.

- If you're setting up a parent company that will manage multiple subsidiaries, check the Is Group option.

- For a child company, select the appropriate Parent Company from the dropdown list to build a structured company hierarchy.

- In the chart of accounts section, you can choose to create chart of accounts for new company based on standard template or existing company.

- Select the desired template or the company you wish to mirror from the dropdown options. This simplifies the process of ERPNext create company configuration.

- After clicking Save, ERPNext will automatically generate the Chart of Accounts and populate the default accounts under the Accounts Settings section.

- You can manage multiple office or GST-related locations by adding company addresses in the Address and Contact section.

- You can update remaining default settings like buying and selling settings, account settings, stock settings in company.

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