Multiple companies in one database vs. multiple databases

Our company is going through an SAP B1 implementation.  We develop\manage shopping centers, each their own lega entity, etc.  To somewhat protect the financials, bank accounts, etc of each entity, we set each company up with its own database.  We are currently up to 22 databases.  Initially our consolidation plan relied on reports; however, the administration of the databases is more of a challenge than expected.
Does anyone have a feel for the pros\cons of consolidating these companies into one "segmented" database?
Thanks

If you have multiple legal entities / companies, I would rather recommend that you create multiple databases within the SAP Business One server. This will let you manage different users, layouts, Chart of Accounts (CoA), Business Partner codes and a host of other items that would be very difficult to do if you tried to lump them all into one company.
Of course, having to work at some form of consolidation reporting is no easy task, but I would suggest you try to standardise your CoA for all the other 22 companies as so they have the same headers / Account titles. This way, you can at least try a very basic report where you generate a TB from each company and pass it to Excel, and then work at some form of macro to draw / consol the 22 Trial Balance reports into one master copy.
If you have SDK access, you could try doing it via SDK or maybe look at other partners with consol add on's like http://www.citixsys.com/

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