SAP Business One Intercompany – a solution for your multi-company SAP Business One Requirements

Several Australian businesses have operational requirements for multi company configuration in SAP Business One. The common requirement is either for a local multi company configuration within Australia involving several different legal entities and distinct business numbers, or global multi company frameworks when an Australian corporate head office has multiple legal entities operating overseas.

There are three common inter company requirements for SAP Business One:

• Inter Company Trading: Instances where one company in the corporate group purchases stock or services from another group company.
• Inter Company General Ledger Allocations: The allocation of income and expenses across various SAP Business One branch companies.
• Financial and Multi Level Consolidation: Comprehensive consolidated reporting across multiple legal entities to give an overarching view of corporate health.

Fortunately, SAP Business One Intercompany has the definitive solution for your complex multi company requirements.

Core Capabilities of the Intercompany Integration Solutions

Managing transactions across diverse corporate boundaries requires centralized data control and automated workflows to maintain ledger integrity.

• Multiple Geographies Support: Full operational support for multiple different geographies across multiple physical servers, allowing global offices to remain connected.
• Multi Currency Functionality: Robust intercompany support for different currencies, automating exchange rate calculations during cross border group trading.
• Master Data Replication: The ability to seamlessly replicate master data from one company database to another, including price lists, bills of materials, inventory items and business partner records.
• Automated Inter Company Transactions: System pathways that automatically generate reciprocal documents to support inter company purchases and sales when one group company sells to or purchases from another group company.
• Dynamic General Ledger Allocations: Simplified mechanisms for the accurate allocation of income and expenses across multiple SAP Business One companies.
• Centralised Payments Delegation: The structural ability to delegate the payment of accounts payable invoices between different group companies, simplifying cash management.

Group Financial and Sales Consolidation Reporting

Consolidated reporting is available through multiple SAP Business One reporting options. To help businesses achieve immediate visibility, the systems engineering team at Leverage Technologies has written several standard consolidated SAP Business One financial reports.

These pre built templates eliminate the need for manual spreadsheet manipulation, allowing your finance group to access unified reporting structures at the touch of a button.

Optimise Your Group Corporate Accounting Architecture

Implementing a multi company framework requires specialized database design and a thorough understanding of localized taxation compliance rules. By automating master data replication and transactional documentation, the SAP Intercompany module allows growing corporations to reduce administrative overheads, eliminate duplicate data entry and secure a single source of truth across all operating entities.

If you have an inter company requirement for SAP Business One, talk to the certified SAP Business One experts at Leverage Technologies.