Acumatica version 2019R1: ERP instance, companies/tenants, branches
I understand that an ERP instance can have several companies. Each company is a tenant. These companies can have different chart of accounts, and different base currencies. Of course they can have different customers, items, projects, POs, SOs, etc. They can be consolidated into a consolidation account. You need a software license for each company (tenant). Each company can have several branches. To do inter-branch accounting, each branch needs to have the same chart of accounts, and the same basic currency. They can have different financial periods as of version 2018R1. Am I correct? If not, please correct. Thanks.
I watched the video of cloud9erp to see this:
Companies can now have separate fiscal calendars if you uncheck Centralized Period Management and check Multiple Calendar Support on the Enable/Disable Features (CS100000) screen.
Companies still must have a common Chart of Accounts and the same Base Currency.
Being able to have one Tenant with multiple Companies that have different Base Currencies has been in the works for a while. See note below from 2017. But as far as I know it's still not possible yet.
So I need to add 3 companies under the same tenant. we want to keep all transactions separate but need to be able to consolidate financials. Basically when I log into my tenant and access company A I don't want to see Sales Orders or other transactions that are created/ pertain to company B. Is this the way to go about it?
You can do it by User, but not by Company as far as I know.
In other words, if your user has access to Company A and Company B, then they will see all transactions for both companies.
But if your user only has access to Company A, then they will only see transactions for Company A.
You aren't really logging in and logging out of companies with that drop-down next to the Business Date:
All you're really doing is setting a default value for any new transactions.