Overview
Multi-Company (Inter Company Transfers aka. ICT) is used for advanced multi-company support. More on Multi-Company Setup
Note - Additional setup and training is required to use this feature as well as an associated cost. If you are interested in using ICT, please contact support.
Field Descriptions
Settings
• | Use Multi-Company - When checked, the Multi-Company feature is enables and all related fields are available. |
• | Post Inter-Company Transfers Using Automated Invoicing - |
Methods
• | Labor - Method to be used when calculating Labor. |
• | ODC (Other Direct Charges) - Method to be used when calculating Other Direct Charges. |
• | OCC (Out of Contract Consultants) - Method to be used when calculating Out of Contract Consulting charges. |
• | ICC (In Contract Consultants) - Method to be used when calculating In Contract Consulting charges. |
Cross-Company TX Settings by Journal
Description - For each journal you can specify how the system handles the attempt of a transaction to reference two or more companies. The Drop-down options are Allow, Disallow and Warn.
• | General - Specifies how the system will handle this in the General Journal. |
• | Sales - Specifies how the system will handle this in the Sales Journal. |
• | Receipt - Specifies how the system will handle this in the Receipt Journal. |
• | Purchase - Specifies how the system will handle this in the Purchase Journal. |
• | Employee Reimbursable - Specifies how the system will handle this in the Employee Reimbursable Journal. |
• | Disbursement - Specifies how the system will handle this in the Disbursement Journal. |
Enable Inter-company Transfers by Journal
• | Purchase - When checked, the inter-company transfer option is turned on in the Purchase Journal. |
• | Employee Reimbursable - When checked, the inter-company transfer option is turned on in the Employee Reimbursable Journal. |
• | Disbursement - When checked, the inter-company transfer option is turned on in the Disbursement Journal. |
• | Receipt - When checked, the inter-company transfer option is turned on in the Receipt Journal. |
Base Accounts
Revenue
Description - Here you select the Revenue Base Accounts to be used for Multi-Company
• | Labor - Select the Labor Revenue Base Account. |
• | ODC (Other Direct Charges) - Select the ODC Revenue Base Account. |
• | OCC (Out of Contract Consultants) - Select the OCC Revenue Base Account. |
• | ICC (In Contract Consultants) - Select the ICC Revenue Base Account. |
Expense
Description - Here you select the Expense Base Accounts to be used for Multi-Company
• | Labor - Select the Labor Expense Base Account. |
• | ODC (Other Direct Charges) - Select the ODC Expense Base Account. |
• | OCC (Out of Contract Consultants) - Select the OCC Expense Base Account. |
• | ICC (In Contract Consultants) - Select the ICC Expense Base Account. |
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