Multi-company, Intercompany
Microsoft Dynamics 365 Finance offers robust multi-company and intercompany functionalities, which are especially critical for international commodity traders operating across various regions and jurisdictions.
**Multi-company management** allows businesses to handle multiple legal entities within a single Dynamics 365 Finance environment. This centralized system reduces administrative overhead by sharing product tables, customer tables, customer credits, etc., across the companies in the group. Financial data from different entities can be consolidated for comprehensive reporting and analysis, streamlining processes such as procurement, sales, and human resources across entities. Each entity can adhere to local regulations and accounting standards while maintaining global compliance oversight.
**Intercompany Transactions** functionality facilitates transactions between different legal entities within the same organization. Intercompany transactions, such as invoicing, purchase orders, and payments, can be automated, ensuring consistent pricing policies across entities to avoid discrepancies. The reconciliation of intercompany balances is simplified with automated matching and settlement features, and intercompany reports can be generated to monitor and analyse intercompany activities and financial positions.