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Just because the software can handle more than one company does not make it a truly multi-company application. With Gravity Software for Multi-Company you can have one cohesive system, one application that can handle all your company’s needs.Each company in its own database not sharing any information with any other company is a recipe for inefficiency. As an application that has been built from the ground up to manage an organization’s multiple legal entities, Gravity can solve problems and drive significant efficiencies that other applications only dream of.
Accountants will spend a lot of time and resources managing each individual company, logging in and out of databases, creating multiple transactions and using a lot of spreadsheets. Imagine your employees having and using the time to perform value added activities, to ultimately drive your company forward.Let’s also assume that the manufacturer charges the retail division the same price it charges outside customers.The retailer then charges its customer .00 per widget for a total of 00.We now we have two income statements, one for manufacturing and one for wholesale: Now it’s time to consolidate the income statements.If we add all revenue together, we’d have a total of ,000. We only sold 1500 widgets and the total price out the door was 00.