New! Smarter Financial Reporting for Multi Companies

We’re excited to announce enhanced support for holding companies in financial reporting — making it easier than ever to analyze financial data across multiple child entities.

📌 What’s New When You Select a Holding (Global) Company:

✅ View all transactions across associated child companies
✅ See consolidated Opening and Closing Balances at the group level
✅ Gain group-level visibility into shared customers and vendors

🤝 Why It Matters: Customer & Vendor Visibility at the Group Level

Many organizations work with the same customers and vendors across multiple companies. With these enhancements, you can now:

• Track total outstanding balances for a customer/vendor across all child companies

• Analyze ageing data from a group perspective

• Simplify reconciliations and credit evaluations by having a consolidated view

• Reduce duplicate data entry and maintain consistency across entities

⚙️ How It Works

When a holding (global) company is selected:

• The system pulls customer/vendor transactions from all linked child companies

• Data is consolidated in key reports — including ageing and ledgers

• Reports are segmented by child entity, with group-level totals

• If a customer/vendor is shared across companies, all activity is visible in a single view

This enables your finance and sales teams to manage customer and vendor relationships more effectively, especially in multi-entity setups.

📋 Reports Available at Both Global & Child Company Levels:

• Account Ledger: View all journal entries across the group or by individual company

• Customer Ageing / Customer Age Analysis Report: Track outstanding balances and overdue invoices at the group or company level

• Vendor Ageing / Vendor Age Analysis Report: Monitor payables across companies for better cash flow planning and vendor negotiations

• Customer SOA (Statement of Account): View customer transactions at both division/child and group/parent level.

• Vendor SOA (Statement of Account): Get a clear view of what is owed to vendors across child companies or at the group level.

🔧 Why This Is Great For You:

• For Finance Teams: Streamline reporting and improve cash flow analysis across all entities.

• For Sales Teams: View consolidated customer/vendor transactions, simplifying customer management.

• For Accountants: Reduce manual effort in compiling data and ensure accurate financial tracking.

👀 Explore it Today

Experience the simplicity of multi-company financial reporting with just a few clicks!

💬 Need Help?

Our support team is ready to assist you anytime. Reach out for any questions!