Multi-Company_Tab

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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.