290
I went to Administration-Posting Accounts- chose Purchasing- and credit account to AP is listed. We are setting up our Accounting system to have 3 companies, thus I would need 3 different A/P accounts. Can someone assist me on how I can do this.
*This post is locked for comments
Thank you all! I did find out that we can change the default AP account when entering invoices. We also have the same base in the account numbering for A/P. The only difference is changing the first segment of our GL account to identify which company it should be.
I have 7 companies, in my account number structure I use multiple A/P accounts. But I make sure that in each company the Trade A/P has the same base account number, the Corporate A/P has the same base account number, etc. The cost centers are unique to each company.
This serves several purposes, new people learn the Trade A/P is always 2085 in all companies, 2090 is always Corp A/P, etc. There is no guessing. Also when I run my Consolidated B/S I don't have to get real fancy defining the Rows, I can use one base account number.
The AP Account can be managed primarily from the Vendor Card Maintenance Window and Posting Account.
In your case, a valid suggestion would be setting up different vendors with different AP Accounts for the three companies.
Hope this helps,
Stay up to date on forum activity by subscribing. You can also customize your in-app and email Notification settings across all subscriptions.
#1
André Arnaud de Cal...
291,280
Super User 2024 Season 2
#2
Martin Dráb
230,214
Most Valuable Professional
#3
nmaenpaa
101,156
Share
Report
All responses (
Answers (