The GLMU enhancement has been designed to allow a managing company to process G/L transactions for an unlimited number of "subsidiary"
companies. G/L transactions may be distributed directly to other companies that have a MAS 90 General Ledger database. Each line item entry contains a new Company Code field. This new field defaults to the Current Company. It may be changed
to any other company that has been setup for inter-company processing. When an inter-company distribution is made, a transaction is written to the other company's Daily Transaction File. For each transaction distributed to another company, a
corresponding amount is posted to both companies' Inter-company Offset Accounts, in order to keep each of those General Ledgers in balance. A pair of Inter-company Offset Accounts must be set up in advance for each company that will have
inter-company processing. During line entry for an inter-company distribution, the General Ledger Account format, and the <F2> List Mode feature reflects the Chart of Accounts and the number format for the subsidiary company.
Inter-company Allocations are available in General Journal Line Entry, Recurring Journal Entry, Transaction Journal Entry, in Standard Journals, and in Allocation Maintenance. |
