Ordway Customers can streamline and operate their finance function across all operating entities within an organization(s). Multi-entity organization structure allows you to provision specific users to manage transactions and accounting activities across all business lines irrespective of geographical location, currency, and/or legal entity.

Example:

Parent Entity: Acme Enterprises

• Child Entity: Acme Industries - Brazil
  • Grandchild Entity: Acme Enterprises Brazil (North)
  • Grandchild Entity: Acme Enterprises Brazil (South)
• Child Entity: Acme Industries - France
• Child Entity: Acme Industries - United Kingdom

Note: Contact support or your customer success manager if you'd like to enable a Multi-entity for your organization. 

Multi-entity Structure

Ordway displays additional features that are only available when Multi-entity is enabled. In addition to the features, Ordway presents specific views to highlight parent and child entity relationships that can be managed within the top-level entity of your organization structure.

The Ordway Menu contains a section within Setup to manage Multi-entity functionality:

• Manage Entities
• Users
• Roles & Permissions

Navigate Entities

Ordway provides a navigation drop-down menu to easily navigate between entities.

Multi-Entity Default GL Accounts

The following default GL Accounts are automatically generated for each multi-entity organization: 

• Income Account, Account Receivable, Deferred Revenue, Contract Deferred Revenue, Electronic Payments, External Payments, Payment Transaction Fees, Credits, Refunds, Taxes, Free Trial, Realized Gain Loss GL, Early Pay Discount GL, and Late Pay Charge GL.