Single logistic/multifinance

In a single-logistic/multifinance company structure, you manage and control the manufacturing and distribution processing centrally in one company, while you conduct the accounting in multiple financial companies.

This can be the preferred solution for multinational logistic companies. You can create an enterprise unit for each financial or fiscal unit in the logistic company and link the enterprise units to separate financial companies.

In this way, you can manage all your enterprise’s logistic processing centrally and perform separate accounting in the local currency for the plants, departments, and warehouses of your organization that are in different states or countries. You must use a dependent multicurrency system.

You must assign all the entities of a logistic company, such as warehouses, work centers, projects, sales offices, and purchase offices, to an enterprise unit.

The transactions are posted to the financial company that is linked to the enterprise unit. If the financial companies on the debit differ from the credit entries of the transaction, LN generates intercompany transactions.

You can link the financial companies to a financial group-company to perform corporate accounting and financial administration in the group company.