How to record and manage intercompany transactions in COUNT
Once two workspaces are linked, you record money moving between them once and COUNT writes both sides together. This article covers recording transfers and settlements, recoding expenses, voiding entries, and keeping both sides in agreement. You'll need an active link first. See How to set up Intercompany workspaces in COUNT. At a glance Where to find it | Settings >Few readersHow to set up Intercompany workspaces in COUNT
Link two COUNT workspaces so that money moving between your companies is recorded in both sets of books at once. This article covers choosing a mode, creating and accepting a link, the accounts COUNT adds, and pausing or ending a link. At a glance Where to find it Settings > Workspace Settings > Intercompany What you need Two COUNT workspaces that use the same currency, and membership in both Who can link, accept, pause and end links | Owners and admiFew readersHow intercompany notifications work in COUNT
COUNT keeps both companies informed about what happens on an intercompany link. Everyone in a workspace sees in-app notifications, and the workspace owner gets email alerts by default. At a glance In-app notifications Email alerts Who gets them Everyone in the workspace The workspace owner, by default. You can add addresses or switch them off. Nightly drift summaries Included Never emailed What triggers a notification Area | You'reFew readersHow intercompany balances appear in COUNT consolidated reports
When you run the balance sheet across several workspaces in multi-entity reporting, balances between linked companies in your selection cancel each other out. The group doesn't owe itself money, so those balances don't appear in the consolidated totals. This applies to the Due From and Due To balances that Intercompany creates on Loan links. To set up a link, see How to set up Intercompany workspaces in COUNT. Example Northwind Holdings has lent Northwind Coffee money, and $1,500.00Few readers