Inter-Entity Transactions Tutorials

 

The tutorials use the Orchid Sample data that can be downloaded from the Orchid website. ORCLTD includes Entity 1 and Entity 5 in a single Sage 300 database.

The sample data also includes 3 separate databases for 3 additional entities using Inter-Entity Multi-database. Entity 2 is ORCIN2, Entity 3 is ORCIN3, and Entity 4 is ORCIN4

The tutorials below support the Inter-Entity Transactions and Trade training video that are available on the Orchid website:  Orchid Training Videos

 

Inter-Entity Transactions - Automate Loan Account Entries

• Works within one and/or across multipleSage 300 companies

• Due to and due from transactions generated automatically

• Works on all General Ledger transactions, regardless of their origin

• Balance transactions at the G/L Segment level

G/L Entity Substitution

• Option to use G/L Entity Substitution (G/L Trigger) to indicate entities based on optional fields.

Auto-create AP and AR Reallocations

• Automatically trigger additional transactions in Accounts Receivable (A/R) or Accounts Payable (A/P) to automate complex inter-entity transactions.

Cash Management

• Allocate payments or receipts for invoices in one company, using a bank account in another company

• Transfer invoices from one company to another for consolidated processing

• Process bank transfers between companies

• Consolidated AR & AP Aged Trial Balance