General Ledger multi-entity guidelines

Some Sage Intacct applications work differently in a multi-entity shared company. It can be helpful to prepare for these differences to ensure you work efficiently in the application.

Entity-private accounts

You can restrict the use of a General Ledger account to only one entity. To do so, create an entity level GL account. This can also be useful for complying with statutory reporting.

Entity-private account labels

General Ledger accounts in multi-entity shared companies can use entity-private account labels.

For example, an account whose default label is "Inactive Account" can be set to appear as "Compte Inactif" for the French entity.

  1. Go to General Ledger > Setup > More > Account title by entity.
  2. Select Create.
  3. Enter the Entity ID.
  4. Select the Account Number with the label that you want to change.
  5. In the Account label for entity field, enter the entity-specific label.
  6. Select Save.
  1. Go to General Ledger > Setup > More > Account title by entity.
  2. Select Add.
  3. Enter the Entity ID.
  4. Select the Account Number with the label that you want to change.
  5. In the Account label for entity field, enter the entity-specific label.
  6. Select Save.

The label appears in the entity using the entity-specific label that you gave it.

Other attributes are available on the Account label page.

Approvals

Entity level journal entries can only be approved at the entity level.

Multi-base currency guidelines

Learn about multi-base currency guidelines.

For subscription information

Contact your Sage Intacct account representative.