Skip to main content
Solved

Two companies, single tenant with one GL account and two bank accounts

  • 21 June 2024
  • 2 replies
  • 27 views

Is there a way to have two companies in the same tenant have two GL accounts of the same account number and use sub-accounts to assign for different account numbers?
For example, in SWEETLIFE there is GL account 10200 - CASHASSET, and I want to use a sub-account code to assign to “Company Checking Account” and use the same GL account 10200 - CASHASSET for TOADGREEN BUT I want the cash to flow to different sub-accounts which are two different bank accounts.  I know that Acumatica does not allow duplicate GL accounts in the same tenant.  (see screen shot below)
 

 

2 replies

Userlevel 7
Badge +10

Yes, but you have to do this on the Cash Accounts screen and they will need to have unique IDs (so mine are 10002-CSS and 10002-CTS for the two different companies.  In hindsight, I wish I would have just given them two different GL accounts though as it makes it clearer on the financial reports.  I set this up when I was just learning Acumatica.
 

We have 2 companies in our environment that share one “cash clearing” account
Company 1:

Company 1 - Account 10002

Company 2:

Company 2 - Account 10002

 

Userlevel 4
Badge

Thank you @meganfriesen37 for the quick response

Reply