Partners
Each company in the group is a partner with its own code. Choose how entries travel — inside DeepERP, or by file for a company that is not on DeepERP yet — and whether to accept a partner's entries automatically.
Several companies
Two companies or ten — one group that adds up
Each company keeps its own books. Entries between them travel inside DeepERP — sent by one side, accepted and posted by the other — so the balances between companies agree, and the group's combined results are ready when the month closes.
How a group works in DeepERP
Four pieces, each kept simple.
One HQ chart of accounts
The group's common list of accounts. Each company maps every posting account to one of its own, so an entry sent on an HQ account lands on the right account in the other company — in their currency, at the posting-date rate.
Entries between companies
Charge a sister company for shared rent, staff or stock. You create and send; they accept, return it for correction or reject it with a reason; then each side posts with a code. Every step is on record.
Combined results
Revenue, profit and assets for the whole group in one currency — by company or combined — with what was removed between companies shown on its own line, and any balance that does not match flagged.
From a month-end to a group that balances
What happens at the end of each month.
Each company closes
Every company closes its own books on its own schedule. The group view shows who is closed and who is not.
Balances are checked
Every balance between two companies is compared from both sides. Matches are ticked; differences are listed with the entry that explains them.
Removals are proposed
The Group agent proposes what to remove between companies — sales to each other, balances owed to each other — and explains every difference. Nothing changes until you approve.
Results are ready
Results at average rates, balances at closing rates, in the group currency. The same screen shows each company alone or the group together.
Built for how groups really run
Different countries, different currencies, different levels of ownership.
Owned in part or in full
Record what each company owns of the others. Companies you own more than half of are combined in full; for the others only your share of profit is counted.
Several currencies
Each company keeps its books in its own currency. The group reads in one, with the rates used shown next to every converted figure.
Walled off by company
People see only the companies they are given. A manager in one company never sees another company's books; group finance sees them all.
Bring your company structure
Two trading companies and a holding company? A branch in another country? Tell us how your group is set up and we will show it running in a demo.