combined two companies information

Question

What is the best way to combined two companies information for month end? One company is just our admin payroll which is separated for security reasons? I am new to sage, so am not sure what is the best way to do this? Do I need to enter all the information in the main company in the general ledger? I do see we have one report that combines both companies, but how do you balance bank statements and such?

Char DeLange · Accepted Answer

But if you need more than admin payroll, then I highly recommend Wright Office Solutions GL Payroll Import-From Sage to Sage Co. 
 https://wrightoffice.com/combine-Company-Payrolls/

Char DeLange · Answer

Sage offers a choice to "combine" data from another company in the menu 2-8 Financial Reports only. 
 
 Or if you need to combine values for W2s at the end of the year. Anything else I think you have to export to excel and combine yourself.

Char DeLange · Answer

Update, I may have missed the point of your question. If the only thing you have in the second company is admin payroll, you can just post a JE to bring those costs into the main company each month since there is no job costing.

Sage Construction & Real Estate

combined two companies information

COMMUNITY

COMPANY

PARTNERS

SUPPORT & TRAINING