Cyrious Control allows the free transfer of vendor credits between different divisions. The presumption is that to the Vendor, you are one establishment. As such, Control will automatically make transfer entries between different divisions when vendor credit is applied or given.

Notes

Default Division

When divisions are enabled, each Vendor in Control has a default division. The credit for a given client is always retained in the Vendor's default division. This means that Control must transfer the credit to the default division if it comes in to or out of another division. To accomplish the transfer, Control uses the InterDivision Vendor Credit asset account.

Deleting or Moving Companies

When you change a Vendor's division or reassign a Vendor's records to a new Vendor in a different division, Control will reassign any outstanding Vendor credit from the old division to the new division.

InterDivision Vendor Credit

This GL asset Account is used to record the vendor_credits owed to this division by other divisions or owed to other divisions by this division. The total of this account for the entire business (over all divisions) should always equal zero. If divisions are not used, this account can be set inactive.

Example #1

A Vendor (with default Division A) applies $590 of its Vendor credit on file towards Bill #9876 (in Division B). The way the GL activity looks is:

~ Account~ Debit~ Credit~ Division~ Bill
Accounts Payable$590.00 Div. B9876
InterDivision Vendor Credit $590.00Div. B
InterDivision Vendor Credit$590.00 Div. A
Vendor Credit $590.00Div. A

Example #2
A Vendor with default Division A is edited and the default Division is changed to B. The Vendor has a $1,200 Vendor credit . The way the GL activity looks is:

AccountDebit CreditDivisionBill
Vendor Credit $1200.00Div. A
InterDivision Vendor Credit$1200.00 Div. A
InterDivision Vendor Credit $1200.00Div. B
Vendor Credit$1200.00 Div. B


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