Orchid Inter Entity Transactions

For Sage 300

Automatically generates offsetting entries, based on highly configurable rules

What is Inter Entity Transaction?

Inter Entity Transactions facilitate the management of allocations and transfers between entities. Entities equate to segments in General Ledger, and could include branches, divisions, departments, funds, projects, trusts, or multiple companies held within one or across Sage 300 (Accpac) databases.

Inter Entity Transactions will work on all GL transactions regardless of whether they originated from the GL, any subsidiary ledger, a 3^rd party module, or an external system that has created GL batches.

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Entities are defined by one or more segment values in the GL chart of accounts
Due-to & due-from transactions are generated automatically
Works on all General Ledger transactions
User-definable routes
Complex routes across multiple entities when there are no direct inter-entity account relationships between the transacting entities
Balance transactions at the segment level (rather than just the Account level)
Auto-reverse inter-entity entries bound for other companies
Supports transactions between entities with different functional currencies

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Includes all Loan Account automation features in the Single Database edition, plus:

Configuration Options:

Cash Management

Cash Management and multi-database features require the Multi Database edition of Inter-Entity Transactions.

Cash Management: AP Payments

Process a payment against a vendor in one company and have the payment come out of a bank account in another company
Transfer AP invoices to another company for payment from that company
Allocate a miscellaneous payment to GL accounts in one or more companies, while drawing the funds from a bank account in another company
Combined AP trial balance across multiple companies

Cash Management: AR Receipts

Allocate a receipt to a customer in one company and have the receipt go into a bank account in another company
Transfer AR invoices to another company for receipting in that company
Allocate a miscellaneous receipt to GL accounts in one or more companies, while receipting the funds into a bank account in another company
Combined AR trial balance across multiple companies

Advanced Configuration Options

Automatically trigger additional transactions (GL, AR and AP) to automate complex inter-entity transactions
Account Substitution to reduce the need to replicate accounts in multiple entities
Configure AP and AR charges to accumulate, allowing for periodic on-charges
Use wildcards to simplify trigger account setup