Companies

The Company page enables you to manage company details such as address, currency, facility defaults, and other important information. In addition, you can run MRP from this page, and configure scheduled batch jobs.

Companies create logical separations for all accounting, products, pricebooks, suppliers, and customers. No data nor objects are shared across companies with a few exceptions like units of measure.

Your company is "the" company, the Top Parent Company, though your Salesforce organization can have other parent companies if your organization is like a holding company or shell corporation with separate business units. Top Parent Company, Parent Company, and Company exist to allow for hierarchical organization of multiple independent business units.

Note: You can have multiple companies but every time you create a sales order, purchase order, or some other Kenandy defined object, you set the company and the accounting and their values are not shared across companies. In fact, when you create an order and select a company to begin, that selection can't be changed once the record is saved either manually or automatically by making other settings on the page. If you need to change the company on an order, Kenandy recommends that you create a new record with the desired company.

Note: In Kenandy, each supplier and each customer are records that belong to one company. You must create duplicate entries for the same supplier if that supplier provides items to both company A and company B, as companies are separate accounting entities. Likewise, a customer record is for one company.

This picture shows the way you structure a company in Kenandy using facilities, locations, and bins.

Create a New Company

Typically, Kenandy’s implementation team or your system administrator creates the Company record during the Kenandy implementation process.

Go to the Companies page, and click New.
Enter information in the required fields, such as the company name and address, currency, and accounting standard.
Enter information in the following sections as needed.
- Information: General information about the company, such as parent company, TIN, and IRS control number.
- Address Information: The name and address of the company.
- Currency: For global organizations, you can define different currencies (company, consolidation, statutory, subsidiary), as well as a default transaction currency. On work orders and inventory change objects, the transaction currency is automatically populated from the company record.
- Facility Default Information: Indicates the default purchasing deliver to, sales order ship from, and work order facilities for your company. This expedites data entry when you create purchase orders, sales orders, and work orders.
- Serialization Parameters: The Serial Control setting indicates whether or not you’re tracking serial numbers for your inventory. If set to None, this indicates your company isn’t using serialization. At receipt and all processes indicates that you apply serial numbers when you receive goods into stock and throughout the subsequent manufacturing and shipping processes. At shipment only indicates that you apply serial numbers only when you ship products.
- Manufacturing Information: Select a manufacturing calendar to specify the days and hours that your company or facility is available for production. If different facilities have different hours of operation, you can create additional calendars and assign them to a specific facility within your company.
- Cost Accounting Parameters: You use this section to specify the default assembly cost rollup basis and whether to include items types in the cost rollup. You can also control retroactive changes to the standard cost.
- System Information: If you cycle count inventory items using the A, B, C method, you can schedule the interval between counts. For example, you can set the A items to be counted every 7 days, the B items every 30 days, and the C items every 90 days.
- MRP Information and MRP Parameters: MRP settings and parameters for running MRP (Material Requirements Planning) at the company. You can also do this at the facility level.
Click Save.

Actions and Custom Links

In addition to company information, you can perform a number of other functions from the Company page, as listed in the following table.

Action Buttons
Action	Description
Edit	Opens the page in edit mode so that you can edit the information.
Generate Customer Invoices	Opens the Generate Invoice page so that you can generate all invoices for the company.
Generate MRP	Opens the Planning Functions page where you can specify the MRP criteria and run MRP. To learn more, see MRP.
Overview	Opens the Company Hierarchy page.
Scheduled Jobs	Opens the list of scheduled jobs.

Depending on your user profile, you might have access to some or all of the following custom links.

Custom Links
Link	Function
Configure OTC	Opens the Configure OTC page where you can manage the weekly, monthly, and quarterly fuel surcharges and distance rate for freight allowances.
Credit Profile Edit	Opens the Edit Credit Rules page where you can create credit rules for a given customer.
Fixed Asset Depreciation Rollback	Opens the Rollback Depreciation page where you can roll back the fixed asset depreciation for a selected company and book.
Manage Bracket Pricing	Opens the Manage Bracket Pricing page where you can create price brackets to manage weight-based charges.
Setup Custom Data	Opens the Configuration and Setup page where you can load custom data into the selected company.
Setup and Configuration	Opens the Configuration and Setup page where you can: Create Default Scheduled jobs for the selected company Create sample data for the selected company
Supplier 1099 Batch	Opens the Supplier 1099 Batch page, where you can launch a batch job to create supplier 1099s for annual tax reporting.
Supplier 1099 Rollback	Opens the Supplier 1099 Rollback page, where you can launch a batch job to delete all supplier 1099s not marked as filed.
TIN Match Download for 1099	Generates a text file to use for the IRS Bulk TIN Matching e-service.
Update Pricebook Lines	Opens the Modify Pricebook Lines page where you can make mass updates to product pricing.

Company Field Descriptions

The following table lists the fields that Kenandy provides. Your system administrator selects the fields that are displayed on your user interface.

Company Page
Field	Description
Accounting Standard	Indicates the accounting policy that applies to the company, such as GAAP (Generally Accepted Accounting Principles).
A Days B Days C Days	The number of days between cycle counts for A, B or C items. Use this setting when you cycle count at the company level. You can also set the ABC interval at the facility level. Before you cycle count, specify the ABC interval here, and then assign an ABC code to each item.
Address	The company address (required). You can't create an address from the Company record; instead, you use the Accounts tab to create an account for the company, which includes its address, then you select the address using the Lookup icon.
Aliases	Other names for the company. This field is automatically populated with another name for the company when you match an intercompany payment (with another name for this company) to a bank transaction. You can change or delete the names in this field.
Allow Retroactive Standard Cost	Controls retroactive changes to the standard cost: Selected: you can change the start date to a date that is on or after the start date of the previously approved standard cost, as long as all dates are within the same accounting period. Not selected: you can change the start date to a date that is on or after the date of the last successfully processed inventory transaction. See Post Start Date Activation.
Avalara Company Code	If Kenandy integrates with Avalara for tax calculation purposes, this is the code (which you set up at Avalara) that enables Avalara to identify your company for tax purposes.
Auto-Create Build to Order Work Orders	Select this option if you want sales orders for build to order items to automatically generate one work order per sales order line.
City	This field is part of the company address information, which you set from the company's record on the Accounts tab.
Company	The name of the company.
Company Currency	Also called the functional currency. This is used as the base currency for each subsidiary of your company. In addition to the company currency, Kenandy provides you with the ability to specify a transaction currency, which you can use to process documents, such as a sales order, in a different currency.
Company Identifier	Unique identifier that specifies this company for data integrations.
Company Unique	This field ensures the company name is unique.
Consolidation Currency	The currency declared by the corporation as a whole. It is the base currency used for consolidations, and by corporate headquarters in the home country.
Country	This field is part of the company address information, which you set from the company's record on the Accounts tab.
Credit Card Bank Account	Displays your company's default credit card bank account. When a credit card payment is processed, Kenandy populates the Bank Account field on the customer receipt record; this field displays the credit card bank account selected on the Company page by default.
Default Amount Tolerance	The allowable difference between the amount specified on the purchase order and the amount specified on the related invoice. Anything over this amount might generate an exception, initiate an approval process, and generate a task for an assigned user, such as a buyer. If specified at the Company level, the tolerance applies to all suppliers and vendors associated with the selected company.
Default Quantity Tolerance Over %	Set this value to prevent orders from being received if they are over the quantity ordered. Anything over this quantity might generate an exception, initiate an approval process, and generate a task for an assigned user, such as a buyer. If specified at the Company level, the tolerance applies to all suppliers and vendors associated with the selected company.
Default Work Order Facility	The default facility to which work orders are sent.
Default Work Order WIP Facility	The default facility in which work orders are executed.
Deposit Bank Account	The default bank account used to receive customer payments. Enter an account to save yourself data entry on the Manage Cash Application > Customer Receipt page. Especially useful if you usually deposit payments from customers into the same bank account.
Disbursement Bank Account	The default bank account used to pay suppliers. Enter an account to save yourself data entry on the Create Supplier Payments page. Especially useful if you usually pay suppliers from the same bank account.
Do Not Release Partial Sales Orders	This checkbox enables you to prevent an open sales order from being released if one or more lines have an exception: If selected, and there are any lines with exceptions, Kenandy does not release the order. If not selected, Kenandy enables you to release part of the sales order.
Freight Forwarder	The freight forwarder contact for the company. This field value is automatically populated on the shipment record.
Frequency of Rate Feed	The frequency with which exchange rates from a third-party provider are fed into Kenandy. Options include Daily and Monthly.
Frequency of Revaluation for Unrealized FX Rate	The frequency with which the unrealized gain or loss applicable to exchange rate changes is revalued. Options include Daily and Monthly.
Manufacturing Calendar	Specifies the days and hours that your company or facility is available for production. The selected calendar becomes the default calendar for all facilities within the selected company. To override the default for a facility, go to the Facilities page.
MRP Backward Horizon in Days	Specifies the number of days in the past that MRP looks to for supply and demand.
MRP Demand Time Fence in Days	MRP uses forecast demand outside of this time fence and sales order demand inside the time fence.
MRP Forward Horizon in Days	Specifies the number of days in the future that MRP looks to for supply and demand.
MRP Planning Time Fence in Days	MRP does not change existing planned orders within the specified period.
Level Zero QOH as Supply	If the checkbox is selected, MRP only includes Level 0 (raw materials) as quantity on hand. You can select this checkbox or the Use Quantity on Hand as Supply in MRP checkbox, but not both. Kenandy validates the setting.
Order Forecast as Demand	If the checkbox is cleared, MRP ignores order forecasts as demand.
Parent Company	The parent company.
Planning Calendar	Displays the list of business hours. The planning calendar is used for items that are manufactured. It defines the business hours for the selected company or facility.
Purchasing Deliver-To Facility	The default facility to which purchases are delivered.
Purchase Orders as Supply	If the checkbox is cleared, MRP ignores purchase orders as supply.
Quantity on Hand as Supply	If the checkbox is cleared, MRP ignores Safety Stock and Negative Quantity on Hand.
Receiving Calendar	Displays the list of business hours. The receiving calendar is used for items that are sourced. It defines the business hours for the selected company or facility.
Sales Orders as Demand	If the checkbox is cleared, MRP ignores sales orders as supply.
Sales Order Ship-From Facility	The default facility from which orders are shipped.
Serial Control	Enables you to set control serial number tracking within your company. The default setting is None (not enabled). To turn on serial tracking, select one of the following two options (you cannot change your selection): Apply serial numbers when you receive goods into stock (and throughout the following processes) Apply serial numbers when you ship product
State	This field is part of the company address information, which you set from the company's record on the Accounts tab.
Statutory Currency	The currency used for local or regional statutory reporting. Sometimes referred to as the reporting currency.
Street	This field is part of the company address information, which you set from the company's record on the Accounts tab.
Subsidiary Currency	When the company manages local country consolidations, it must establish a single currency. Subsidiary Currency is usually the highest level of ownership subsidiary at the country consolidation level.
TIN	The Taxpayer Information Number for the company.
Top Parent Company	The ultimate parent company for all companies related to this company. Not required and not shown by default.
Unrealized FX Revaluation Method	The method used to revalue the unrealized gain or loss applicable to exchange rate changes. Options include Reversing and Delta.
Use Item Types for Costing	If the checkbox is clear: the cost rollup report rolls all costs up to the parent. If the checkbox is selected: the assembly cost rollup is calculated based on the item type, and the report includes the component costs. See also Item Types.
VAT ID	The VAT identification number for the company.
Work Orders as Demand	If the checkbox is cleared, MRP ignores work orders as demand.
Work Orders as Supply	If the checkbox is cleared, MRP ignores work orders as supply.
Zip Code	This field is part of the company address information, which you set from the company's record on the Accounts tab.

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Version: Spring 2017