Companies - overview

	Companies - overview A company is an LN working environment. The company details include: The company's address The company language The company's time zone and default calendar The company's currency system. LN uses the company's address, language, and calendar as default values for the company's: Sites, if multisite is implemented. Departments Warehouses Employees Company data Each company has its own database tables. All the data you define and work with in the company are stored in the company's database tables. For example, company data includes: Currencies Units of measure and the base units Sites, if multisite is implemented. Departments Business partners Item codes Ledger accounts Invoicing methods Sales orders Purchase orders Invoices Projects An LN system often consists of multiple companies. In a multicompany environment, the companies must or can share specific tables, depending on how the system is set up. Company types A company can be: A logistic company A financial company Both a logistic and a financial company The main function of a financial company is to register all accounting transactions that result from the activities performed in the enterprise units that are linked to the financial company. These activities consist of the operational and logistical transactions that result from a logistic goods flow and from production, service, warehousing, and support activities. In addition, a financial company can be a financial group company. Related topics Companies - setup Multisite overview Using an archive company Changing the company number Electronic Data Interchange Currency systems Overview of enterprise modeling Example of external material delivery Intercompany settlement transactions – setup Intercompany transactions