Multiple Companies

If your enterprise is made up of multiple legal entities, you can use the Multicompany application to track all of your companies in a single database. You will have a comprehensive view of the transactions, interactions, and activities of all the companies in your enterprise and can track intercompany transactions, including intercompany billings.

Features

You can:

  • Track an unlimited number of separate companies using a single database.
  • Operate DPS using data for one company, then switch to another company without logging off and on.
  • Set up projects so that different phases and tasks are owned by different companies.
  • Establish business rules at both the enterprise level and at the company level, allowing for consistent and meaningful enterprise-wide reporting, as well as flexibility at the company level.
    • In general, you establish business rules and structures at the enterprise level. For example, you establish the work breakdown structure, the chart of accounts structure, and the organization structure at the enterprise level.
    • Then, on a company-by-company basis, you establish the project, account, and organization records that fulfill each company's needs.
  • Set up role-based security between and within companies.
  • Share resources across company boundaries, thus keeping employees fully utilized while balancing competing project needs.
  • Produce consolidated reports that include data from many or all of the companies in the enterprise.
  • Combine the use of multiple companies with the use of multiple global currencies.

Unique Record Identifiers

Each record key, such as a project number, account number, or transaction file name, must be unique across the enterprise.

Related Topics:

  • Security and Multiple Companies
    When you use track multiple companies in DPS, you can use security settings to limit your employees' access to specific companies' data.
  • Terminology Used with Multiple Companies
    The DPS online help and user interface use standard terms to describe the multiple company environment.
  • Hub Access and Multiple Companies
    When you track multiple companies, some hub data is available to all companies at all times, and other hub data is restricted to specific companies.
  • Organizations and Multiple Companies
    If your enterprise uses Organization Reporting in conjunction with multiple companies, there are guidelines that you need to consider as you establish your organization structures.
  • Chart of Accounts and Multiple Companies
    At the enterprise level, you establish the chart of accounts structure and a set of global accounts that are available to all companies. At the company level, you establish individual accounts. You decide whether any other companies in the enterprise can use these accounts.
  • Accounting and Multiple Companies
    Use multiple companies to support complex multiple company accounting operations by balancing your need for company-specific financial controls and processing operations with your need for easy enterprise-wide financial consolidation.
  • Transaction Center and Multiple Companies
    You can process transactions within a single company or you can process transactions across companies.
  • Employees and Multiple Companies
    When you have multiple companies in DPS, you can associate an employee with one or more companies.
  • Time and Expense Processing and Multiple Companies
    The ability to associate an employee with multiple companies impacts timesheet and expense report transactions.
  • Billing and Multiple Companies
    When you track multiple companies in DPS, you select settings for the Billing application on a company-by-company basis. For example, you establish default billing terms at the company level.
  • Asset Management and Multiple Companies
    Keep these facts in mind when you track multiple companies in DPS and use the Asset Management application.
  • CRM and Multiple Companies
    When you track multiple companies in DPS, CRM data is tracked at the enterprise level, so that it is available to all companies in your enterprise.
  • Planning and Multiple Companies
    Use Project Planning tools across all of the companies in your enterprise to get an overview of your project planning and resource management efforts, enterprise-wide. When you create a project plan, DPS allows you to find an employee with specific skills or qualifications.
  • Consolidated Reporting for Multiple Companies
    When you track multiple companies in DPS, you can generate consolidated financial statements that merge data from multiple companies.
Parent Topic: Concepts