Branch Accounting in SAP B1

[Former Member]

Hi Experts,

How I handle branch accounting in SAP B1. My company has four branches. They transfer inventory from one another and also transfer funds and pay amount for each other.  So please guide me how to handle all this. if anyone have experience please share with me.

Thanks

Regards

Jitender .

[former_member186095]

Hi,

Do they only transfer inventory and fund among the branches ? If it is only transfer fund and inventory, you just need to define project code and create account codes reflecting each branches. E.g. :

Project

1. branch A

2. branch B

3. branch C

etc.

the same way you can define the account code.

When the user create any documents, the user must select correct project and accout code.

Rgds,

[jitin_chawla]

Hi,

You can check this thread for a start

http://scn.sap.com/thread/1891690

Kind Regards,

Jitin

SAP Business One Forum Team

[Former Member]

Thanks Jitin for reply.

I am not concerned only with accounts. I want to know what documents are made when one branch make payment of another branch's creditors or expenses is paid for first branch by second branch.

Thanks

Regards

JItender 

[jitin_chawla]

Hi,

It needs to be tested. If the BP Codes are same for both the branches, then defining different segmeted bank account codes can be helpful. The Documents will be created in similar way but then account taken for payments will be different and hence posting would be to the relevant branch.

Cannot confirm but needs to be tested.

You can also check the option provided by Jimmy and see if that is a feasible solution for your requirement.

This requires testing in the DEMO for the expected results.

You can also wait for reply from some consultant who has actually implemented the solution for your issue to give a solution.

Kind Regards,

Jitin

SAP Business One Forum Team

[Former Member]

Hi Jitender Garhwal,

The best and recommended solution for maintaining Branch Accounts is through Segmentation Accounting.

Dimensions are again limited to only 5 in numbers. So if u have more than 5 branches then it is not possible to use Dimensions also.

If u do not want to use Segmentation Accounting then the other option i can find is use Projects as Branches. In all your transactions select the project option to represent your branches. Then you will be able to get reports based on this.

But I again recommend  for maintaining Branch Accounts is through Segmentation Accounting cause you will generate Balance Sheet | Profit & Loss and Trial Balance accordingly.

For transfer Funds and Inventory you can create G/L Code Segment wise.

Thanks,

Srujal Patel