Share
Report
5Hello!
My company is about to implement Dynamics GP, but I had a couple questions for you guys. Basically our company is structured as so: We are legally 2 separate tax paying businesses in the exact same industry (just different locations to service our customers faster). We wish for our sales teams from either location to be able to ship orders from either location. The revenue and the expenses would be tied to the location from where the product ships. The optimal situation would be if we could have 2 companies with 1 shared inventory, but I think that may break a few GAAP rules.
How should we set this up? As 2 company databases or 1 with two warehouses? I'm still not familiar with the options as we haven't begun implementation yet.
Our current system is as such: We have 2 copies of the same ERP software running at 2 different locations. When a customer wants to place an order for an item that is only in stock at location#2, our sales team has to remote desktop onto a computer at location#2, check inventory, take note of the item(s). The sales person then faxes a copy of the portion of the order that needs to be shipped from location#2 to the other company, which builds a sales order and invoice and ships out, essentially a second order. There's GOT to be a better way.
My original idea was to keep 2 sets of accounts on the general ledger, differentiated by the account numbers. As far as income statement accounts, we could just differentiate the revenue by a sales report filtered by warehouse number. Expenses could be easily by differentiated accounts.
Thats all I've got so far. If you have something I am missing, PLEASE help. Thanks!
*This post is locked for comments
All responses (
Answers (
