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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After our Company tried working with a ‘large consulting firm’ and enterprise software that choked our processes, as CEO, I decided we should return to the hands-on support we had previously enjoyed with Advanced Business Software Corp. and their staff. Three years later I can say with confidence that this was the best decision we have made in the recent history of our nearly 30 year-old sales and distribution company. Advanced Business Software Corp. effectively provided a solution that was practical and economical and returned our Company to a leadership position as a niche player in the Dental industry.

Don Waters CEO, Brasseler USA