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Understanding Multiple Entities and Orders

When Multiple Entities is enabled on the AR/Cash Set up module window, Orders supports multiple entities at the product level. Entities are individual organizations, and iMIS can separate and process transactions for multiple entities (and multiple sets of books) even if the entities share a common customer database.

When an organization has multiple accounting entities, such as different subsidiaries and foundations, revenue from the sale of specific products often needs to be allocated to specific entities. You can define entity owners for individual products. These product-level entities then are assigned to orders, order transactions, and product-specific transactions processed through the Orders module.

Individual entities are defined in the Org Codes field on the Organization Names window (select File> System Setup, and click Organization Names).

Summary of product-level entities

In This Section

Determining a Product's Owner Entity

Assigning Entities to Standard Orders

Assigning Entities to Credit Memo Orders and Debit Memo Orders

Assigning Entities during Transaction Generation

Due To/Due From Scenarios

Examples of Due To/Due From Scenarios

See Also

Orders Accounting Business Rules

Understanding Cash Handling in Orders

Understanding Order Accounting Entries

Understanding Order Inventory Transactions

Understanding Product Account Hierarchy

Understanding Inventory Accounting Transactions


ASI logo 10.6 Production Release. Updated 1/23/2006 3:34:07 PM
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