Inventory in Multiple Organizations
A customer asks:
We have multiple Companies created in Cougar Mountain, three organizations to track. The Fixed Assets company, the ordering company, and the selling company. BUT…….There are 3 locations for the selling portion. Books need to be kept separate, and have separate inventory. For those 3 profit centers, do they need seperate companies created within the software? And do they have the option to consolidate for the PROFIT centers only, and exclude the fixed assets and ordering companies from that report?Kevin says:
- Yes, they would have to have 3 companies set up individually, and on the Selling company they would need multi-location inventory installed. The fixed assets are one company, the ordering company can just drop ship out inventory from the Distribution Company, and the selling store(s) is as one company (if they want the selling stores could also have Multi-Location Inventory for easy transfers).
- They could set up the selling stores as different companies, if there are more than one, but the transfers would be In-and-Out of each one. This way they could see P/L from 3 different divisions. If they set up GL accounts as 3 separate lines like I.E. revenue lines as 4000.01,.02,.03 they would be able to get there stores separated as profit center as well as the big picture.
Kevin
System Trainer
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