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Each location, franchise, or entity can use its own chart of accounts, taxation rules, and financial reporting requirements while also providing the organization with a view of everything. Drill down to entity source transactions, receivables, and payables to get complete details.
If a small business buys office suppliers from a vendor once a month, it can be relatively straightforward for the accountspayable (AP) department receiving that supplier invoice to notice if their company has been overcharged.
Accountspayable. Accounts receivable and collections management. Fixed asset management. Treasury and cashmanagement. Generalledgeraccounting. The data in an ERP system is typically summarized in the generalledger module. Order processing and billing.
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