Multi Company GL

Setup:

1. ALL companies (Parent and subs), must have the same setup for:
   • Sub-Table for inter-company (65 < Intercompany> in our example)
   • Inter-company account (2105 in our example)
   • Vendor Sub-Table and setup in Sub-Account maintenance
2. Set up Sub-Accounts (using the inter-company Sub-Table) for each company (parent and subs). Use the 5 digit company code for the Sub-Account.
   
3. In Accounts Payable > Company Master Maintenance > Multi-Co Options tab, enter the Inter-company account and Sub-Table for inter-company. 

NOTES:

• Multi Company General Ledger requires Multi-Company Accounts Payable. Set up for both options is under the AP Company Options tab. If you already have AP Multi Company, then you may not have any further setup other than adding any additional companies.
• When using the Multi-Company option, Pak Accounting will verify the Sub-Account, AFE, Deck, and #Allocations in the “TO” company before posting the entries into a different company's chart of accounts.

General Ledger Entries

Multi Company General Ledger is an optional add-on that allows you to make entries from the General Ledger> Unposted Entries to another company(s). Simply select the companies that apply to the debit/credit side and post when ready

General Ledger Standard entries

To access the Standard Entries screen, first go to General Ledger > expand Automatic Entries > select Standard Entries

Standard Entries – also features the ability to handle multi company entries!