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Microsoft Dynamics GP 2016 Cookbook by Mark Polino, Ian Grieve

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Splitting AP across departments automatically with Control Account Management

Control Account Management in Dynamics GP provides a mechanism to report consolidated payables to divisional expenses for divisional reporting.

Often companies say that they want to see each division reported as if it was a standalone business. Though all divisions may be part of a single legal entity, companies frequently need to evaluate divisional performance by treating each division as a separate business. Frequently, balance sheet accounts such as fixed assets and accounts payable are included to provide a measure of the capital required to run each division.

Control Account Management is designed to deliver the cost and management efficiency of centralized payables, ...

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