what is branch accounting 
branch accounting is a bookkeeping system in which separate accounts are maintained for each branch or operating location of an organization typically found in geographically dispersed corporations multinationals and chain operators it allows for greater transparency in the transactions cash flows and overall financial position and performance of each branch branch accounts can also refer to records individually produced to show the performance of different locations with the accounting records actually maintained at the corporate headquarters however branch accounting usually refers to branches keeping their own books and later sending them into the head office to be combined with those of other units 