Understanding Company Option Setup
You set up company options to define default information that applies to all of the companies within your organization, and to define additional information that is specific to individual companies within your organization.
Typically, you first set up options for the default company, company zero. You can also set up company options for each company within your organization. If you do not set up company options for a company within your organization, the system uses the default company options when processing information for that company.
If you set up company options for each company within your organization, you can override some of the default company options. For example, you can enter standard hours per year for a particular company that vary from the standard hours per year that you entered for the default company.
Some of the default company options apply to all of the companies within your organization, and cannot be overridden at the individual company level. For example, if you signify that you are not using accounts payable integration or step progression processing at the default company level, none of the companies within your organization can use these options. However, if the default company options are set to activate these options, it is not necessary for all companies in your organization to use them. For example, if you have only one company within your organization that processes step progression information, you must set the default company options to allow step progression processing and then override that setting for all companies except the one company that processes step progression information.
You also set up company options to control payroll processing for the employees of each company. For example, you define this information at the default company level:
How the system retrieves the payroll deduction, benefit, and accrual (PDBA) history.
Whether the system overrides home company information on timecards.
Whether each company and business unit use the same debit account for automatic deposit processing.
How the system determines payment dates during payroll processing.
You must set up company options for the default company before you can process payroll or account for labor.