What is the ideal setup ? for Establishments in other countries ? & how should one Report for local

Hi All,

We have several Legal entities that have presence in almost every major country(including, Germany, France, Italy & Japan among others). 

In each of the countries, we ideally have a Branch Office (mostly Permanent Establishments)

We are contemplating on the following models.

a) One primary ledger for all branches within a Legal Entity

b) One primary ledger per Branch

While b) increases the # of ledgers to close per period to maniac levels, a) creates issues when it comes to reporting for the local country.

Any thoughts appreciated.

Best Regards, 

Dileep