Prevent potential intercompany reconciliation problems by allowing intercompany transactions only for specific accounts.
Centralize purchasing and invoicing through integrated Accounts Payable (AP), Accounts Receivable (AR), and Sales Order Management (SO). Purchase items and create sales orders in other companies with appropriate approvals.
Link bank accounts to specific companies for their exclusive use. Assign cash accounts to specific companies in the Cash Management (CA) module.
Assign and track fixed assets to specific companies in the Fixed Asset (FA) management module. Transfer assets and bring depreciation and purchase history to the receiving company.
Allocate accounting transactions among companies for shared activities. Allocation can be automatic, according to pre-set definitions.
Companies having multiple legal entities within the same tenant can have different fiscal year-end dates. Organizations can accelerate implementation; simplify maintenance for companies that share vendors, stock items, and employees; run consolidated operational reports at any time; and facilitate the preparation of consolidated financial statements.