Setting Up a Company

Use this procedure to set up multiple profit centers for private vendors and sub-contractors. Inventory locations tagged with the same company ID report sales revenue together.

If a company is no longer used, assign a new company to all inventory locations that apply, but do not delete that company from SimVen.

1. Click Setup, click Master Files, and then click Company.
2. Enter a unique Company ID, and then enter the Company Name (optional) and contact details (optional).

   The company name and address appear on the credit card receipt header of each inventory location assigned to the company.

3. Select the appropriate Default General Ledger Account Numbers, and then click Save.

   If you are not using the General Ledger Accounting function, enter 0 (zero) for all the fields.