Multicompany Overview

The Multicompany feature provides you with a comprehensive view of the transactions, interactions, and activities of all the companies in your enterprise. It allows you to track data for multiple legal entities using a single database and also makes it easy for you to complete and report on intercompany transactions, including intercompany billings.

Features

The Multicompany feature lets you:

  • Track an unlimited number of separate companies using a single database.

  • Operate Vision 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.

  • Integrate the Multicompany feature with the Multicurrency featue, which supports the use of any number of 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 Multicompany
    When you use the Multicompany feature, you limit employees' access to companies in your enterprise through role security.
  • Multicompany Terminology
    The Vision help uses standard terms to discuss Multicompany concepts.
  • Info Center Access in a Multicompany Environment
    When you use the Multicompany feature, some Info Center data is available to all companies at all times, and other Info Center data is restricted to specific companies.
  • Organizations and Multicompany
    If your enterprise uses Organization Reporting in conjunction with the Multicompany feature, there are guidelines you need to consider as you establish your organization structures.
  • Chart of Accounts and Multicompany
    At the enterprise level, you establish the chart of accounts structure and a set of global accounts 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.
  • Transaction Center and Multicompany
    You can process transactions within a single company or you can set up Vision to process transactions across companies.
  • Accounting and Multicompany
    The Multicompany feature supports complex multicompany accounting operations by balancing your need for company-specific financial controls and processing operations with your need for easy enterprise-wide financial consolidation.
  • Employees and Multicompany
    If you use Vision Multicompany, you can associate an employee record with one or more companies.
  • Billing and Multicompany
    When you enable the Multicompany feature, you select configuration settings for the Billing application on a company-by-company basis. For example, you establish default billing terms at the company level.
  • Intercompany Billing
    When you use the Multicompany feature, Intercompany Billing is the process of redistributing general ledger financial information between companies that share labor or expense resources on the same project.
  • Asset Management and Multicompany
    When you use Vision Multicompany with the Asset Management application, there are specific settings that apply to Asset Management set up and processing.
  • CRM and Multicompany
    Vision's Customer Relationship Management (CRM) application allows you to track client and contact information, and schedule and manage daily activities. When you enable the Multicompany feature, CRM data is tracked at the enterprise level, so that it is available to all companies in your enterprise.
  • Proposals and Multicompany
    When you enable the Multicompany feature, you track proposals at the enterprise level, so that all proposals data is available to all companies in the enterprise.
  • Time and Expense and Multicompany
    When you enable the Multicompany feature, you use the Home Company field on the General tab of the Employee Info Center to assign an employee to a home company.
  • Planning and Multicompany
    Using Project Planning tools together with the Multicompany feature allows you to get an overview of your project planning and resource management efforts, enterprise-wide. When you create a project plan, Vision allows you to find an employee with specific skills or qualifications.
  • Consolidated Reporting and Multicompany
    The Multicompany feature automates the generation of multicompany financial statements.
Parent Topic: Concepts Overview