Minimum Version Required: 22.01
Steps
Companies and Locations Overview
1. Using Universal Search, navigate to the Companies table.
Company: In Encompass, a Company is equivalent to a business entity. It is the highest level of organization in the Encompass hierarchy.
One Encompass site may house multiple companies
Each company will have a unique Chart of Accounts and relevant Account Mapping
Each company will generate it's own, unique Journal Entries
Each company's business activity is posted to it's own General Ledger
2. Using Universal Search, navigate to the Locations table.
Location: In Encompass, a Location is equivalent to a warehouse; it is a physical place that can be found on a map.
Locations and Companies are independent; multiple Companies can do business out of one Location and vice versa