Inter-Entity Transactions
Keep entities always in balance
Inter-Entity Transactions gives you tight control over transactions spanning multiple entities in Sage 300cloud. Offsetting entries are automatically generating based on highly configurable rules.
Benefits
Supports any Entity type
Entities are defined by GL segment values. E.g. they could be branches, divisions, departments, funds, projects, trusts or companies.
Entities are defined by GL segment values. E.g. they could be branches, divisions, departments, funds, projects, trusts or companies.
Great for Non-Profits
Inter-Entity Transactions has proven to be very popular for non-profit organizations with Fund Accounting requirements.
Inter-Entity Transactions has proven to be very popular for non-profit organizations with Fund Accounting requirements.
Works on all GL transactions
Transactions could originate from the GL, a subsidiary ledger, a 3rd Party module, or even an external system that creates GL batches.
Transactions could originate from the GL, a subsidiary ledger, a 3rd Party module, or even an external system that creates GL batches.
Reduces errors and effort
By removing the need to manually enter offsetting entries you save hours or even days each month, and increase accuracy by reducing human error.
By removing the need to manually enter offsetting entries you save hours or even days each month, and increase accuracy by reducing human error.
Details
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