The Multi-Company module for
Tailor the Multi-Company module to your needs. You can configure it to operate with several companies in a single database, in multiple databases, or both. Consolidate your organization's financials while automating time consuming and error-prone tasks. With consolidation, you can enter vouchers or release accounts payable batches for all companies.
Simplify the processing of transactions. Create due-from and due-to entries automatically to keep your intercompany transactions in balance. Companies in separate databases and locations can easily transfer intercompany general ledger transactions from one location to another, so that accounting entries are applied to the correct company.
Centralize control. Assemble accounting and reporting into a single location or company, and apply payments, write checks, or take requisitions for subsidiary companies. Reduce duplicate efforts and training from location to location, and maintain the intercompany balances between the subsidiary and the central companies for full reporting and tracking at the transaction level.
Improve your access to information. You can present data in an unlimited number of ways. Make quick inquiries on accounts and sub-accounts by ledger and company, drilling down to the source document level if necessary. Easily get customer and vendor information, generate general ledger, accounts receivable, and accounts payable reports, and generate tax reports by company or across companies.
by MIG & Co.