Setting up parent and subcompanies
In some cases, a customer may be a parent company with multiple subcompanies or divisions. The setup of a parent and its divisions is useful when billing rates for subcompanies are based on the parent. You can run a report showing which companies are divisions of a parent company.
In the Company File Maintenance window, you can designate a company as a parent, or you can select the parent for a sub company. The Parent check box is located in the Switches portion of the window; the Division Of /Parent field is located in the Miscellaneous section of the window.
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Setting up a parent
Generally, you only designate a company as a parent if other companies in your database are divisions of that parent.
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With the company’s profile displayed, select the Parent check box in the Switches section of the window.
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When all other fields are correct, click Save.
Setting up a division
Use the [Misc]EnforceValidParentCmpID
setting in your TTS50 to set up the system to ensure that only valid parent companies are listed in the Division Of/Parent field.
Designating a company as a division of a parent company
Follow these steps to designate a company as a division of a parent company.
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With the subcompany’s profile displayed, select a Parent company from the drop-down list in the Division Of/Parent field.
Notes:
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When the Parent check box is selected, this field is display only.
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Only companies designated as Parents are displayed in the drop-down list if you are using the
EnforceValidParentCmpID=Y
setting.
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When all other fields are correct, click Save.
Searching for parent companies
To search for all companies that have the Parent switch selected in their company profile, do the following:
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In a base application, select Tools > Scroll Companies.
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Select the Parent check box as a search restriction and click Retrieve. The system will display the results of your search.
Searching for divisions of a parent company
To search for all companies that are divisions of a particular company do the following:
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In any base application, select Tools > Scroll Companies.
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In the Division Of field, type the company ID of the parent company, and click Retrieve. The system will display the results of your search.