With Acumatica’s Inter-Company Accounting module, you can track financials and create reports separately for an unlimited number of related companies within your organization. Related companies share chart of accounts, calendar, currency, and non-financial data. Related companies may also be referred to as “branches”.
The system will automatically create due-from and due-to entries for inter-company transactions so your accounts stay in balance, and your consolidated reports accurately reflect company-wide results. Inter-Company Accounting is integrated with the Financial Suite, Distribution Suite, and Project Accounting.
Acumatica Inter-Company Accounting does not apply to stand-alone companies which allow you to decide what elements should be separated or shared between them, such as chart of accounts, customers, employees, etc. Stand-alone companies may also be referred to as “entities”.
Reduce overhead by centralizing accounting functions such as cash management, vendor payments, and customer invoicing in a single company. Income and expenses are attributed to the company that initiated the transaction.
Deliver customized reports across one, many, or all companies with integrated query and reporting tools. Financial reporting tools eliminate inter-company transactions on company-wide reports.
Create roles and groups of users that have access to specific companies and the associated transactions. Add users to specific companies in seconds. Users with access to multiple related companies can rapidly switch views without logging in again.