Single Logistics/Multi Finance
We are set up single logistic / multi finance. This is because we wanted to keep our customer/supplier masters and the GL structure, etc..., centralized at HQ. So, we have a centralized logical company that provides the master data for the subsidiary companies, and also handles all AP/ AR,and GL. There are several subsidiary companies that operate all over the world. These companies report their expenses in their own currency ( USD being the second currency), in their own GL. Then, we use a third party software ( Hyperion..) to show all companies, and to consolidate all financials for reporting purposes.
I heard that the best set up is multi / multi. I had this information from a Baan Education Trainer. He said that if offered the most flexibility and that you still could specify only one logical company if you wanted AND you could add another if/when it became necessary. The other single/ multi set up would make adding another logical company very complicated! I dont' know the details on that but, figured that his advice was worth remembering. Unfortunately, for my company, the single / multi set up had already been established. OH, we are running on Baan IV c3 mcr.
Last edited by Baanboozeled : 19th September 2001 at 17:14.