Multi-Company Accounting
How Finance & Billing handles transactions across separate companies, using due to and due from accounts and merchant account routing so each set of books stays self-contained.
Explains why associations often keep separate books for a foundation or political action committee while using one system. It walks through the accounting entries when a member pays for a membership and a donation together, then shows both on invoices and payments.
What This Video Covers
- Multi-Company Accounting
- Business Units and Separate Books
- Batches and Business Units
- Due To and Due From Accounts
- Intercompany Liabilities
- Merchant Account Routing
- Invoice and Payment Entries