Difference between revisions of "7 Sub Accounts"
From TrueERP wiki
Simon Clive (Talk | contribs) (Created page with "Sub Accounts Do you understand how departments can replace the need for sub accounts in some cases? ERP Departments allow you to separate different aspects of your business int...") |
Simon Clive (Talk | contribs) |
||
| Line 1: | Line 1: | ||
| − | Sub Accounts | + | '''Sub Accounts''' |
| − | Do you understand how departments can replace the need for sub accounts in some cases? | + | Do you understand how departments can replace the need for sub accounts in some cases? |
| − | ERP Departments allow you to separate different aspects of your business into Cost Centres. Departments | + | '''ERP Departments''' allow you to separate different aspects of your business into Cost Centres. Departments allow a Company to report on specific areas of their business without the need to create additional accounts within the Chart of Accounts structure. You can run Profit & Loss Reports by each Department to enable you to analyse your business accounts on multiple levels. Your lists can be accessed by Department if required. Departments allow you to combine multiple cost centre records into the one database, as you are able to Report on every Departmental level required. |
| − | allow a Company to report on specific areas of their business without the need to create additional accounts within | + | |
| − | the Chart of Accounts structure. You can run Profit & Loss Reports by each Department to enable you to analyse | + | |
| − | your business accounts on multiple levels. Your lists can be accessed by Department if required. Departments | + | |
| − | allow you to combine multiple cost centre records into the one database, as you are able to Report on every | + | |
| − | Departmental level required. | + | |
| − | Departments also allow you to separate your Product List by Department (Cost Centre/Outlet); you are able to | + | Departments also allow you to separate your Product List by Department (Cost Centre/Outlet); you are able to set different Price Levels by Department; Separate Stock levels by Department; run BAS Reports by Department etc. |
| − | set different Price Levels by Department; Separate Stock levels by Department; run BAS Reports by Department etc. | + | |
Revision as of 17:04, 12 July 2011
Sub Accounts
Do you understand how departments can replace the need for sub accounts in some cases?
ERP Departments allow you to separate different aspects of your business into Cost Centres. Departments allow a Company to report on specific areas of their business without the need to create additional accounts within the Chart of Accounts structure. You can run Profit & Loss Reports by each Department to enable you to analyse your business accounts on multiple levels. Your lists can be accessed by Department if required. Departments allow you to combine multiple cost centre records into the one database, as you are able to Report on every Departmental level required.
Departments also allow you to separate your Product List by Department (Cost Centre/Outlet); you are able to set different Price Levels by Department; Separate Stock levels by Department; run BAS Reports by Department etc.
