How to Create New Company in NAV2013R2 using NAV 2013 R2 administration Shell

Create New Company 

• Open NAV 2013 R2 Adminstration Shell (Start -> All programs -> NAV 2013 R2 Adminstration Shell ) and enter
•  New-NAVCompany -ServerInstance DBSRV -CompanyName 'Sample CRONUS'
• DBSRV is my Server Instance name, replace it by your server Instance
•  Sample CRONUS Subsidiary is the company which I'm going to create, replace by your company name
• http://msdn.microsoft.com/en-us/library/dn182571%28v=nav.71%29.aspx

Thanks
Marshal. J