Intercompany Transaction Utility
Key features
- Easy Configuration
- Automatic / Manual Service Integration
- Email Notification
Product Documentation
Product Overview
The Intercompany Transactions Utility is designed to simplify and standardize the transaction processing between different Sage Evolution databases.
In the Utility, you set up the relationship between the companies/databases, customers, suppliers, and the type of documents. After the configuration is done, if a transaction is done, it will be automatically created in the corresponding database, thereby saving you time and ensuring accuracy.
Example:
If in Company A, a Sales Order invoice is processed on Customer X, the Utility will create a Purchase Order Invoice on Supplier Z in Company B
In the Utility, you specify/map the relationship in the companies on Stock, GL, Warehouses, User-Defined Fields and Projects.
Example:
If in Company A, stock item X is used, then use stock item Y in Company B
If in Company A, GL account Management Fee Income or Rent Income is used then use Management Fee Expense or Rent Paid in Company B
The following documents types are integrated
- Sales Order Invoice
- Purchase Order Invoice
- Credit Note
- Return to Supplier
Can be used with Sage Evolution Version 7.2 onwards
Requires Microsoft SQL 2012 onwards
Sage SDK required
Sage Evolution Database Types | Can be used |
Different Sage Evolution Databases (Non-Branch Accounting) | Yes |
Online Branch Accounting | Yes |
Offline Branch Accounting | No |
The Connection Status monitor shows at a glance the status of the synchronization of the transactions in the Utility.
Red – Error with the connection
Orange – There are transactions to be synced
Green – All transactions have been successfully synced
Receive an email notification if a new transaction is done in the database.
The Recon Tool allows for the reconciling of transactions between Customers and Supplier accounts in the different entities. Make intercompany account reconciliations a breeze for audits.
GL Loan Account function to be added shortly