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Microsoft Dynamics GP 2013 Cookbook by Mark Polino, Ian Grieve

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Splitting AP across departments automatically with Control Account Management

Often companies say that they want to see each division reported as if it was a standalone business. Even though all divisions may be part of a single legal entity, companies frequently need to make decisions based on who is under or over performing. Treating each division as a separate business can provide measurements to consistently compare divisions. 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.

However, providing an infrastructure to actually allow each division to function as a business is both expensive and inefficient. Most companies find that using a ...

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