MULTI-ENTITY AND INTERCOMPANY ACCOUNTING

AUTOMATE CROSS-COMPANY TRANSACTIONS TO REDUCE ERRORS AND ACCELERATE ACCOUNTING PROCESSES

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Overview

Remove the burden of complex finances with automation that streamlines cross-company transactions, reporting and accounting. Share customers and vendors, simplify AR/AP processes and auto-generate sales orders, purchase orders and receipts, eliminating duplicate entry and costly mistakes.

Track financials for unlimited entities, create instant consolidated reports and manage payments, goods transfers and journal entries with ease. Role-based controls secure sensitive data while enabling collaboration. Focus on growth, not fixing errors with the visibility, accuracy and efficiency from this module.

Multi-Entity and Intercompany Accounting Features of Acumatica Cloud ERP Include:

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Account-based controls
Centralized purchasing and invoicing
Company bank accounts
Asset transfers
Account allocations
Role-based security

Consolidated shipments
Close financial periods by company
Company and branch selection
Support for different financial calendars
Cross company sales

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CENTRALIZED ACCOUNTING

Automatically calculate transactions across companies to streamline bill payments, simplify journal entries and more.

FINANCIALS MADE ACCURATE

Summarize data in reports while ending extra transactions - greatly reducing the chance of inaccuracies in financial statements.<

STREAMLINE REPORTING

Customize financial reports across one, selected or all companies with integrated query and reporting tools.

CLOSE FINANCIAL PERIODS EASILY

Manage periods separately for each company and close books separately in each company within the tenant.

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Having Acumatica Manufacturing Edition and Scanco integrated allows us to manage all our inventory from a single location. We can easily look it up in the system and have confidence that it’s accurate.

Chad Threadwell

Vice President of Operations, FSC Lighting

We looked around for quite a while for what we wanted—an ERP that could integrate with a POS and our website and one that would only cost a couple hundred thousand. Everyone told us that it didn’t exist, that it would cost $5 million. ‘In your price range,’ they said, ‘there are no integrated systems.

Bram Kleppner

CEO, Danforth Pewter

Acumatica gives me very timely information to make better business decisions. I have better information in terms of profitability by location, by customer and by product. Access to that data helps me target growth. We didn’t have that kind of data before.

Glenn Pearson

Chief Financial Officer, R.A.S. Logistics