Tencia Multi-Company

Running Multiple Companies? Try Tencia

Take a look at Tencia’s system to manage each company’s reporting along with its multi-company operation reporting. You can also process regular consolidations as well as inter-company journals.

For organisations that have more than one company operating, the Multi-Company feature in Tencia has been developed to assist and streamline the creation and optional consolidation of these companies.

Your enterprise can consist of separate business entities, divisions, branches etc. They can be in different currencies, allowing for inter-company journals.

Either Full or Percentage Consolidation is available.

Tencia’s generous licensing allows you to work on all your entities from one single login without consuming more than one license.

 

Tencia Multi-Company features:

  • When creating new companies it is possible to copy the Chart of Accounts and Financial Reports from an existing company.
  • This Multi-Company option allows you to optionally consolidate general ledger balances from nominated companies. This can be done for all companies created or by selecting specific companies for the consolidation process.