Create/Update Company

In this process you can create or update companies.

The Create part of this process contains the following major steps:

• Create a new company from a company template or from an existing company.
• Check the Company Log if errors have occurred and use the application to correct basic data for the component.
• Add company basic data for all relevant company related components.
• Modify basic company data to get the required setup.

If an upgrade is performed or if additional components are installed, then existing companies should be updated. This means that all components that handle the Create/Update Company process will be processed and each component will try to add data from the source that was initially used when creating the company, i.e., from an existing company or from a template. Any company template can also be selected as the source. The purpose here is to add basic data to empty Logical Units that are a part of the Create Company concept and that may need basic data to facilitate setting up and using the existing company.

Once a company is created and available, some of the things that can be done are the following:

• If a company is entered with an association number, you can automatically get information if there are any other party types entered for the same company.
• You can define one or more addresses for an specified company and enter what type of address it is. For example an address for delivery, document, visit, or pay.  
• After you have entered company addresses, you can enter different communication methods to the addresses. For example phone, mobile, fax, pager, e-mail, and intercom.

The Company window has several dynamic tabs that only are visible if a certain component are installed.

• If the Periodical Cost Allocation component is installed, a Periodical Cost Allocation tab is also visible. Here you can enter information about modes for rollback and execution. You can also select a user group that can be used by the Periodical Cost Allocation component and enter a voucher type that will be used for the vouchers created by this component.
• If the Invoice component is installed, an Address/Tax Code/Taxes sub tab is also visible. In the Taxes tab window, you can enter valid tax rates for suppliers, used when they send goods to one of your company's delivery addresses.
• If the Payment component is installed, a Payment tab is also visible. Here you can enter  prerequisite data elements required by IFS/Payment. Note that IFS/Payment is dependent on IFS/Invoice.