Difference between revisions of "7 Sub Accounts"
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| − | '''Sub Accounts''' | + | '''Sub Accounts''' |
| − | Do you understand how | + | 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 | + | '''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. |
| − | Departments also allow you to separate your Product List by Department | + | *You can run '''Profit & Loss Reports''' by each '''Department''' to enable you to analyse your business accounts on multiple levels. Your lists can also 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'''. | ||
| + | *You are able to set different '''Price Levels''' by Department; '''Separate Stock levels''' by Department; run '''BAS Reports''' by Department etc. | ||
Latest revision as of 17:05, 5 August 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 also 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.
- You are able to set different Price Levels by Department; Separate Stock levels by Department; run BAS Reports by Department etc.
