Sage Intacct’s multi-entity feature is a robust solution designed for organizations managing multiple subsidiaries, entities, or locations. It enables seamless consolidation and reporting across diverse entities while maintaining granular control over individual financial operations. This feature supports automated inter-entity transactions, streamlined compliance, and real-time visibility into entity-specific and consolidated financial data. By leveraging this capability, organizations can enhance efficiency, improve decision-making, and ensure accurate financial management across their entire structure.
Summary Sync by Synder allows you to map various payment gateways, e.g., your Online Sales, POS Sales, Manual Sales for Shopify; your Online Sales, Cash Sales, Check Sales for Square, etc., to different entities in your Sage Intacct company and facilitates seamless and flexible tracking across your entities.
Basic requirements for correct mapping
You can map several payment gateways to one and the same Sage entity. In this case, Synder will merge those mapping lines and post one Journal Entry containing all of them and mapped to the Sage entity that you specify.
You can also map one payment gateways to one Sage entity. In this case, Synder will post as many Journal Entries as many different entities you have mapped in the list.
You can even not specify some or all entities, in which case Synder will fall back to the top level in your Sage Intacct and pick up the first available location in the list.
However, you should not map accounts that relate to one and the same payment gateway in Synder to several entities in your Sage company. In this case, Synder will attempt to post a Journal Entry for that transaction group and fail because that Journal Entry will contain references to several entities, in which case the source entity is mandatory.