Entity

[clueless26]

I have an entity say E1. There are 4 sites defined: s1, s2, s3, s4.
I would like to create a new entity : E2, and move s1 & s2 from E1 to E2. What will be the financial impact? Which all accounts will be hit?

 

[clueless26]

I have an entity say E1. There are 4 sites defined: s1, s2, s3, s4.
I would like to create a new entity : E2, and move s1 & s2 from E1 to E2. What will be the financial impact? Which all accounts will be hit? How to shift the account balances?

 

[Max Viskov]

Hi !
What version are you using?
When inventory transactions affect more than one site, the system automatically generates the appropriate intercompany balancing entries. When the two sites are in different entities, it generates a balancing Debit/Credit to the Intercompany Account. When the two sites are in the same entity, it generates a balancing Debit/Credit to the Transfer Clearing Account. This is required to note differences in cost between the two sites.


Regards
____________________________________
Max Viskov
Senior Consultant, Implementation Services
MFG/PRO Toronto User Group Board Member
32Soft Inc., an Official QAD Subcontractor
We Help Making the Most of your MFG/PRO Implementation!
To find more, please call 416-605-1830[FONT=&quot][/FONT]