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Managing Departments

Departments allow you to segregate financial transactions and reporting into separate areas. This can help in situations where there may be subsidiaries or divisions within the company. By utilizing departments, it's possible to avoid the need to create a separate company.

Departments are accessible in these areas as transactional line items. Once departments have been created for the company, they will be available for selection in the line item dropdowns:

• All expense transactions (e.g. checks, cash, cards)
• Payables
• Invoicing
• ATM transactions
• Journal Entries
• Deposits
• Bank Adjsutments

For these areas, please click the link for more details

• Payroll
• Timesheets
• Budgeting
• Reporting

To create departments, from the Company menu option, select Manage Departments and enter the names of the departments you wish to use in your processing.