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Multi-Company GL Consolidation - Enables complex organizations to manage and consolidate multiple companies without having to change data source.
Cross Company transactions are easily executed and tracked. For example, company A may pay travel expenses for companies B & C, where a payment from Company A can cover several disbursements to other companies or divisions.
Power starts at the General Ledger Each company will have their own Current Earnings, Retained Earnings Account, Tax Id and State Id for true separate accounting. The defaults are automatically identified and activated throughout the system. (AP, AR, & OE, MM & GL Reporting)
General Ledger Setup Wizard contains an additional feature for adding and managing each separate company. There is no limit to the number of companies you add while keeping all histories of previous companies. ASI’s Multi-Company version utilizes the existing segmentation features of UA only as a premise,not as a company separation.
"Multi-Company GL Consolidation" is part of the ASI Financials line of products, developed by Argentto Systems.
ASI Financials is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.