Inter-Company Management in Acumatica creates automatically generated balancing entries for inter-branch or inter-company transactions so that transactions are balanced in each involved branch or company.
In Acumatica, you can configure the system as a single entity or as a multi-company organization to match your organization’s structure.
A company represents a legal entity with an independent balance sheet and separate tax reporting. An organization may consist of one company or multiple companies. Further, a company may have no branches, or it may consist of multiple branches, each branch being a separate office or a point of sale. With this understanding, let's take a quick look at Inter-Company Management in Acumatica.
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