diff --git a/mis_builder/README.rst b/mis_builder/README.rst
index 656c63f11..81912fb86 100644
--- a/mis_builder/README.rst
+++ b/mis_builder/README.rst
@@ -102,6 +102,7 @@ Contributors
 * Martronic SA <info@martronic.ch>  
 * nicomacr <nmr@adhoc.com.ar>
 * Juan Jose Scarafia <jjs@adhoc.com.ar>
+* Richard deMeester <richard@willowit.com.au>
 
 Maintainer
 ----------
diff --git a/mis_builder/models/mis_report_instance.py b/mis_builder/models/mis_report_instance.py
index b765822be..ce02594c8 100644
--- a/mis_builder/models/mis_report_instance.py
+++ b/mis_builder/models/mis_report_instance.py
@@ -338,10 +338,10 @@ def _compute_pivot_date(self):
                 record.pivot_date = fields.Date.context_today(record)
 
     @api.model
-    def _default_company_ids(self):
+    def _default_company_id(self):
         default_company_id = self.env['res.company'].\
             _company_default_get('mis.report.instance').id
-        return [(6, 0, [default_company_id])]
+        return default_company_id
 
     _name = 'mis.report.instance'
 
@@ -367,11 +367,22 @@ def _default_company_ids(self):
                                    string='Target Moves',
                                    required=True,
                                    default='posted')
+    company_id = fields.Many2one(
+        comodel_name='res.company',
+        string='Company',
+        default=_default_company_id,
+        required=True,
+    )
+    multi_company = fields.Boolean(
+        string='Multiple',
+        help="Check if you wish to specify "
+             "children companies to be searched for data.",
+        default=False,
+    )
     company_ids = fields.Many2many(
         comodel_name='res.company',
         string='Companies',
-        help="Select companies for which data will  be searched.",
-        default=_default_company_ids,
+        help="Select companies for which data will be searched.",
         required=True,
     )
     currency_id = fields.Many2one(
@@ -392,6 +403,17 @@ def _default_company_ids(self):
     date_to = fields.Date(string="To")
     temporary = fields.Boolean(default=False)
 
+    @api.onchange('company_id', 'multi_company')
+    def _onchange_company(self):
+        if self.company_id and self.multi_company:
+            self.company_ids = self.env['res.company'].search(
+                ['|', ('id', '=', self.company_id.id),
+                 ('parent_id', 'child_of', self.company_id.id)
+                 ]
+            )
+        else:
+            self.company_ids = self.company_id
+
     @api.multi
     def save_report(self):
         self.ensure_one()
diff --git a/mis_builder/security/mis_builder_security.xml b/mis_builder/security/mis_builder_security.xml
index 389e47574..227a3b6f0 100644
--- a/mis_builder/security/mis_builder_security.xml
+++ b/mis_builder/security/mis_builder_security.xml
@@ -1,11 +1,11 @@
 <?xml version="1.0" encoding="utf-8"?>
 <odoo>
 
-        <record id="mis_builder_multi_company_rule" model="ir.rule">
-            <field name="name">Mis Builder multi company</field>
-            <field name="model_id" ref="model_mis_report_instance"/>
-            <field name="global" eval="True"/>
-            <field name="domain_force">['|',('company_id','=',False),('company_id','child_of',[user.company_id.id])]</field>
-        </record>
+    <record id="mis_builder_multi_company_rule" model="ir.rule">
+        <field name="name">Mis Report Instance multi company</field>
+        <field name="model_id" ref="model_mis_report_instance"/>
+        <field name="global" eval="True"/>
+        <field name="domain_force">['|',('company_id','=',False),('company_id','child_of',[user.company_id.id])]</field>
+    </record>
 
 </odoo>
diff --git a/mis_builder/tests/test_mis_report_instance.py b/mis_builder/tests/test_mis_report_instance.py
index a37113e04..2dfa22ccb 100644
--- a/mis_builder/tests/test_mis_report_instance.py
+++ b/mis_builder/tests/test_mis_report_instance.py
@@ -126,6 +126,7 @@ def setUp(self):
         self.report_instance = self.env['mis.report.instance'].create(dict(
             name='test instance',
             report_id=self.report.id,
+            company_id=self.env.ref('base.main_company').id,
             company_ids=[(6, 0, [self.env.ref('base.main_company').id])],
             period_ids=[(0, 0, dict(
                 name='p1',
diff --git a/mis_builder/views/mis_report_instance.xml b/mis_builder/views/mis_report_instance.xml
index c53566126..bb6a77d0d 100644
--- a/mis_builder/views/mis_report_instance.xml
+++ b/mis_builder/views/mis_report_instance.xml
@@ -29,7 +29,8 @@
                     <button type="object" name="export_xls" string="Export" icon="fa-download" />
                     <field name="name"/>
                     <field name="report_id" string="Template"/>
-                    <field name="company_ids" groups="base.group_multi_company" widget="many2many_tags"/>
+                    <field name="company_id" groups="base.group_multi_company"/>
+                    <field name="multi_company" groups="base.group_multi_company"/>
                     <field name="currency_id" groups="base.group_multi_currency"/>
                     <field name="target_move"/>
                     <field name="pivot_date"/>
@@ -64,7 +65,11 @@
                     <group>
                         <group>
                             <field name="report_id" string="Template"/>
-                            <field name="company_ids" groups="base.group_multi_company" widget="many2many_tags"/>
+                            <field name="company_id" groups="base.group_multi_company"/>
+                            <field name="multi_company" groups="base.group_multi_company"/>
+                            <field name="company_ids" groups="base.group_multi_company" widget="many2many_tags"
+                                    domain="['|', ('id', '=', company_id), ('parent_id', 'child_of', company_id)]"
+                                    attrs="{'invisible': [('multi_company', '=', False)]}"/>
                             <field name="currency_id" groups="base.group_multi_currency"/>
                             <field name="target_move" widget="radio"/>
                             <field name="landscape_pdf"/>