Multi-Entity Accounting
User guide for financial consolidation and other multi-entity accounting functionality.
By Travis and 1 other2 authors8 articles
Intercompany EliminationsEliminate journal lines in intercompany
Intercompany Journal EntryCreate the transactions necessary in both entities from one journal for multi entity transactions with one another
What Are Some Examples of Intercompany Transactions?Intercompany transactions can be tricky to account for properly, given the need for these transactions to be reflected on multiple sets of books and ultimately eliminated in consolidation.
How do I create Intercompany Document Entries for Bills and Invoices?SoftLedger has the ability to add entries for intercompany Invoices and Bills.
How do I create and view Intercompany Journal Entries?SoftLedger has the ability to add offsetting Journal line items for Intercompany Journal Entries.
Intercompany Allocation Journal EntryCreate Intercompany Allocation Journal Entries
Multi-Currency
Overview of Our Multi-Currency Functionality
Multi- Currency Accounting GuideDetailed information on Currency Translation Difference and Adjustment (CTD and CTA) and differences in remeasurement vs. translation
Configuration and Checklist for Forex Remeasurement and Cumulative Translation Adjustments (CTA)Learn how to configure consolidation exchange rates, flag accounts, set financial close accounts, and monitor CTA balances in SoftLedger when consolidating multiple entities across different reporting currencies.