The function you describe would be nice indeed, but at first I think the > party relationship data are mainly to be used throughout the ERP to > support clever processes, for example invoice the right entity, deliver > to the right address, consolidate accounting situations... and get more > information on a party as you mean. > Nevertheless I don't think party relationship will replace contact > means, will it ? > regards >
Thanks for your quick reply. With regard to the system's usage of this information, I also see four main points within a single regular business process regarding products, it's less with services: 1. Invoice address 2. Delivery address 3. Consignee 4. External handler/service as third party I explicitly do not see accounting! Accounting cannot group or consolidate any invoiced sums belonging to one group if the legal entities have different names or addresses or locations (VAT!!!). This is the case in IFRS, all European accounting systems, all North Americans, and Latin Americans. I do not know about the others. Grouping or consolidating accounting situations cannot be done in bookkeeping! This is a task for controlling! Please do not confuse the two! In accounting you have very strict rules what you can do and this will usually be checked/inspected by fiscal authorities and financial auditors. In controlling you can basically do whatever you like, it is only internal. Cheers, Denis
