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”.