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Microsoft Dynamics GP (Archived)

GP Company Creation

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Posted on by 1,552

I have the scenario where my client has the requirement to merge more than one company into One Company in GP.

Their current system is not GP and they are using their in-house developed Accounting System and they have created few companies in order to manage their Funds and Accounts.

My actual plan was to create a company in GP and have an additional Accounting Segment which will differentiate the Entities.

For Example,

Company 1 - AAA

Company 2 - BBB

Company 3 - CCC

so 3 different companies exists in existing accounting system,
which will be made as one company in GP as Company - ABC

and Accounting Structure will look alike,

Seg1 + Seg2 + Seg3 

where

Seg1 - AAA or BBB or CCC

Seg2 - Department

Seg3 - Main Account

I would like to know if my planned approach will meet out the requirement of merging few companies into one company

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I have the same question (0)
  • RogerRogerATX Profile Picture
    1,515 on at

    It probably will; but it's hard to fully answer that question without being in the weeds looking at the data and the reasons for the separate companies.

  • Praveen Kumar RR Profile Picture
    1,552 on at

    My client has created separate companies for managing the Fund Sources however they indicated that those are used as Intercompany Transactions.

  • Community Member Profile Picture
    on at

    Are they a nonprofit?

  • Praveen Kumar RR Profile Picture
    1,552 on at

    No they are not nonprofit

  • Verified answer
    Praveen Kumar RR Profile Picture
    1,552 on at

    I tried to create Accounting Structure as mentioned in my Query and able to meet my requirement, but i am still stuck when it comes for Inter-Fund functionality.

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