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Multi-company is a feature that allows you to set up multiple companies in Ajera so that they can share a chart of accounts, departments, clients, contacts, vendors, and most of the setups and preferences of the main organization.
Each company has its own average labor budget rates, client invoicing options, report and invoice logos, fiscal dates, payroll type, payroll start date, and beginning balance date.
Multi-company affects almost all aspects of the Ajera workflow. Your organization may be a good candidate for multi-company if it needs any of the following:
Contact your Deltek consultant to find out more before using multi-company.
How multi-company works
While working in Ajera, you select the company associated with the task. For example, as you enter the details for a vendor invoice, you select the vendor and the company responsible for the invoice.
Then, because each company has its own employees, projects, bank accounts, financial settings, and transactions, you can run company-specific payrolls, client invoices, statements, reports, and inquiries as needed.
For transactions between companies in your organization, Ajera makes entries to intercompany accounts. Be sure to use the Multi-company Reconciliation report each month to reconcile these accounts. For more information, see Examples of intercompany transactions.
In multi-company, the organization has no accounting entries of its own. You use the organization to set up preferences and settings that can apply to all the companies (for example, income statement accounts, chart of accounts, or departments). You then set up each company with its own preferences and settings, some of which override the organizational preferences (such as client invoicing options).
Setting up and using multi-company
Follow these steps if you are a current Ajera user and want to add another company to your existing database.
If you are a new Ajera user with multiple companies, use these steps to supplement the other steps required to set up Ajera. For more information, contact your Deltek consultant or review the Getting Started course or Ajera Getting Started Implementation Guide.
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