Consolidated Customer/Supplier Balances
Microtech Cloud Supply Chain gives you the ability to consolidate account and balance data from multiple subsidiary client records into one master client record, while retaining data in the original subsidiary client records. This is useful in cases where you sell to a customer and get paid by the holding customer or another customer on the database.
This allows corresponding accounts and transactions that are associated with one party to be accessible to other parties in the structure.
You can use the consolidated customer data for reporting purposes and for making cross-company comparisons.
You can still run reports to list account balance changes, account grouping and/or tax code assignment changes.
The same arrangement works for vendors where you could be invoiced by a supplier and pay another supplier.
