Acumatica automates intercompany accounting for organizations with multiple business entities. The software seamlessly manages financial reporting, centralized bill payment, centralized cash management, and inter-entity transfers.
Intercompany Accounting is an add-on feature that integrates with the Acumatica Financial Suite and the Acumatica Distribution Suite.
Reduce overhead by centralizing accounting functions such as cash management, vendor payments, and customer invoicing. Intercompany accounting features attribute income and expenses to the entity that initiated the transaction, even though administration was done centrally.
Automatic Eliminations and Reporting
Individual ledgers are maintained for each organizational entity. Inter-company transactions are automatically eliminated when rolling up financial statements across multiple organizations. Reports deliver information for one or more entities without having to be redesigned.
Automated Inventory Transfers
Assign warehouses to specific organizations. When inventory is transferred from one organization’s warehouse to another, the appropriate inter-company transactions are automatically created.
Role Based Access
Create roles and groups of users that have access to specific organizations and the associated transactions. Add users to specific organizations in seconds. Users with access to multiple organizations or branches can rapidly switch views without logging in again.
Fast Growing ERP Cloud Provider is Stevie Finalist in New Product or Service of the Year for Best Financial Management Solution
Based in Singapore, the former SAP and Microsoft executive will lead Acumatica’s continued Asian expansion
Fastest-Growing Cloud ERP Provider Presented Sweeping Enhancements to ERP Suites and Technology Development Platform, Including Mobile/Touch UI Functionality, Performance Improvements, Key ISV Integrations