Company Number

Identify the company that owns or is assigned to an asset or group of assets. You set up companies in the system to represent a reporting level that has a complete balance sheet and any intercompany transactions with other companies. You can define a specific organization, entity, partnership, and so on, as a company. You use company numbers and names to define the companies in the system.

Use Company 00000 only for default values, such as dates and automatic accounting instructions (AAIs). You cannot use Company 00000 when entering transactions.