Locations represent where your business operates — physical branches, warehouses, virtual offices, or even just a logical grouping for transactions.Documentation Index
Fetch the complete documentation index at: https://docs.openbook.to/llms.txt
Use this file to discover all available pages before exploring further.
Every Legal Entity needs at least one Location to record transactions. For service DAOs without physical locations, simply create a virtual location like “Main Office” or “Online Operations”.
When You Need Locations
| Scenario | Location Example |
|---|---|
| SaaS/Subscription service | ”Zenland Office” or “Online” |
| Coffee shop with 3 branches | One location per branch |
| Remote consulting | ”Virtual Office” |
| DAO with central warehouse + stores | One location per physical site |
Creating a Location
Enter Details
Fill in:
- Name: Human-friendly name
- Example:
Zenland Office
- Example:
- Code: Short identifier (used in reports)
- Example:
ZEN01
- Example:
- Address: Physical address (optional for virtual locations)
- Phone: Contact number (optional)
- Timezone: Location’s timezone for accurate timestamps
Example: Zenland DAO Setup
Here’s how Zenland DAO configured their Location:Location Codes
The Code field is a short identifier used in:- Transaction references (e.g., “TXN-ZEN01-2025-001”)
- Receipt numbers
- Reports and filters
Use consistent, memorable codes like:
HQfor headquartersZEN01for Zenland OfficeONLINEfor e-commerceDT01for Downtown Branch 1
For Retail DAOs: Inventory Per Location
If you’re running a retail DAO with inventory, stock will be tracked separately at each location:Service DAOs don’t track inventory, so you only need one location to get started.
For Token Holders
Locations provide operational transparency:- See which location generated which revenue
- Track transactions by branch
- Verify that operations match physical reality (for audits)
What’s Next?
Now that you have a Location set up, you need to configure your Chart of Accounts before recording transactions.Next: Set Up Accounts
Configure your Chart of Accounts for recording transactions
