Why to Set Up Customer Head Office and Branch Accounts
Reason
Customers in some industries place orders locally (i.e. via their branches), but pay invoices centrally (from head office). You can represent this business relationship with head office and branch accounts.
Features
For example, assume you have linked a branch account to a head office account. You can enter an invoice for goods delivered to a branch, but have the system automatically post the sales figures to the head office account. The system records the customer account number of the branch in the document. You collect payment from the head office account. As a result, you can collect payments for several branches in one step.
Why to Set Up Customer Head Office and Branch Accounts
Reason
Customers in some industries place orders locally (i.e. via their branches), but pay invoices centrally (from head office). You can represent this business relationship with head office and branch accounts.
Features
For example, assume you have linked a branch account to a head office account. You can enter an invoice for goods delivered to a branch, but have the system automatically post the sales figures to the head office account. The system records the customer account number of the branch in the document. You collect payment from the head office account. As a result, you can collect payments for several branches in one step.