Intercompany Accounting

Intercompany Accounting

Acumatica Cloud ERP allows you to monitor, manage, and create reports across multiple subsidiaries or functional groups within your organization.

View Datasheet

Define Multiple Organizations

Bills and Adjustments

Highlighted Features

  • ENTITY-BASED REPORTING: Individual ledgers are maintained for each organizational entity. Intercompany transactions are automatically eliminated when reporting across multiple organizations.
  • CENTRALIZED PAYMENTS: Organizations can purchase goods and services that are approved and paid by other organizations. Profitability reports reflect the purchase at the organizational level.
  • CENTRALIZED INVOICING: Sales orders can be initiated from one organization, but invoiced and collected by a centralized accounting team from a different organization.
  • INVENTORY ASSIGNMENT: Assign warehouses and inventory to specific organizations. Inventory transfers initiate inter-company transfers to preserve organizational level reporting.
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Prior to meeting with Advanced Business Software Corp, The City of Garden City was planning to replace Dynamics GP due to a lack of support from the previous VAR and their poor implementation. Once we engaged with Advanced Business Software they were able to reconfigure Dynamics GP to our needs and their staff gave us the training and resources we needed to do a proper implementation. Advanced Business Software has become our consulting and support team and we are extremely pleased with how efficient and prompt they are in handling all of our accounting questions and implementation needs. I would recommend ABS services and support personnel to anybody considering purchasing Dynamics GP.

Clara Rouse Finance Director, City of Garden City