The ability to manage multiple companies with multi-locations, operations, currencies and tax realms completely independent from each other. These are run via a single data file which consolidates and automates financial activities. In short, you no longer have to exit out of one company’s database to work in another. Your multi-company accounting software simplifies accounts payables and spending across entities by having one platform to view and search for information.
With a single data file, single source of truth, companies can share clients, vendors and financials. This means corporate head office can view accounts from all company locations. Employees can access inventory, customer data, invoices, orders and documents etc on nominated companies from different locations and devices.
Each company can go about their business processes and the multi-company software prepares individual financials and business reports. This ensures any errors or issues that may occur within one will be separated. For group financials and all areas of the business, access can be limited to corporate head office and management to ensure security and integrity of data.
SapphireOne Built-In Free Multi-Company Software
SapphireOne Multi-Company functionality supports unlimited companies and is included within the SapphireOne ERP software.
In all relevant data entry screens, there is the multi-company functionality. This allows you to split transactions between multiple companies and projects. The multi-company button is only visible if you have multiple companies set up in your SapphireOne data file. When selecting, the User will be directed to a new Posting screen where you can manage and allocate percentages or fixed amounts.
Click for more information on Multi-Company Accounting and the free functionality in SapphireOne ERP, CRM, DMS and Business Accounting Software Application. Alternatively, contact our office on +61 2 8362 4500 or request a demo.