Organizations in the Work Breakdown Structure

Organizations are companies, divisions, departments, or business units, in one or more locations, practicing one or more disciplines. Vision Organization Reporting allows management to define and closely monitor each individual organization.

Organizations incur expenses or generate revenue for a larger company.

Reasons to Use Organizations

When you use Vision organizations you can:

• Create a separate General Ledger for each organization.

• Create separate financial statements for each organization.

• Create separate accounting and project reports for each organization.

• Distribute corporate overhead to individual organizations on an assignment or proration basis.

Structure of Codes

During the installation of Vision, you establish the number of levels your company will use in all organization codes, the delimiter to use between levels, and the length of each level.

You can have up to a five-level organization code structure, with a total length of 14 characters, including a user-defined delimiter to separate each level for entry and reporting purposes.

The values at a lower level are not specific to the parent value. For example, if level 1 represents Office and Level 2 represents Department, then department R&D can exist for multiple offices.