[ERPi - ARM] New Companies

We have 2 new companies, newco1 is incorporated within an existing set of books and the other (newco2) has it's own set of books.  Now the accounting manager wants to break out the reconciliation's so they are segregated.  So, if we have a profile AR, now we have AR_newco1 and AR_newco2.  However, we're only creating new profiles, xxx_newco1 and xxx_newco2, only as new accounts are being used in GL in the new companies.  We didn't want to triplicate all the profiles if not necessary.
To accomplish this scenario, had to jump through some hoops.  Maybe there is a better way to do this, always looking for that!