Because of the financial ramifications of this setup, it is important that all aspects of this setup be reviewed with your Personify Business Consultant to ensure proper outcomes.Each organization owns its own consolidated multi-company general ledger, which is commonly referred to as the “GL.” The GL allows revenue to be shared between companies within the same organization unit. When creating an organizational structure, the following general characteristics of the Personify360 organizational hierarchy are important:
· Multiple organizations can operate against the same customer table.
· Organizations own a consolidated multi-company general ledger. Separate organization units can be defined within an organization.
· Each organization unit owns its own products and orders and one or more financial companies within the overall organization.
· Each organization, organization unit, and company will maintain specific defaults, parameters, and system accounts that must be defined prior to using the application.
· Each organization unit owns its own e-Business site.
From the Organization Maintenance screen, creating an organization is a 4-step process:
1. Enter basic organization and GL setup information.
2. Define the organization units.
3. Define the segment structure.
4. Define financial companies within the organization unit.
Because of the financial ramifications of this setup, it is important that all aspects of this setup be reviewed with your Personify Business Consultant to ensure proper outcomes.
When creating a new organization unit, make sure to copy the TRS setups, copy the notification setups, and import the ABS review process.