Overview
You can create accounting companies, link them to your companies, and select the correct one when creating contracts or invoices—ensuring accurate financial tracking across transactions.
Prerequisites
Users must have the appropriate permission to create and edit accounting companies to manage them.
Process
Set Up your Accounting Companies
Navigate to the Accounting Companies module under Contacts.
Click + Add Accounting Company.
Fill in the fields, then click Save.
Connect an accounting Company with a Company Contact
Navigate to the Companies Module and select the company you would like to connect to an accounting company.
Navigate to the Accounting Companies tab and click + Add Accounting Company or + Edit.
Search and select the accounting company(s) you would like to connect.
Assign one of the Accounting Companies to a Contract or Non-Contracted Invoice
If you select a Contact from a company that has multiple accounting companies connected to it, you will see an additional field in the contract called Accounting Company.
Select the appropriate accounting company and continue creating your contract or non-contracted invoice.
Note: You can choose to require the Accounting Company field if a company your user selected has multiple assigned by enabling the following setting in Company Settings > Governance Settings:
Require Accounting Company and Payment Term for Contract and Non-Contracted Invoice Execution and Require Accounting Company for Project Creation
Important: Contracted and non-contracted invoices cannot be executed for that company until an accounting company is assigned if this setting is enabled.
Summary
Now you can easily create and manage accounting companies, link them to Ingenious companies, and ensure Project Managers select the correct company when executing contracts and non-contracted invoices.