Multi-Company Accounting

Inherent in PENTA Construction Accounting Software are sophisticated multi-company management capabilities, designed improve performance by automating the most common multi-company construction accounting challenges:

• Maximize Resource Utilization across companies and locations.
• Manage Profit & Loss by Business Unit, whether by geographic location, line of business or manager.
• Track Asset, Liability, Equity Values by legal entity; establish Balance Sheets by entity.
• Meet Reporting Requirements for legal entities, including W2, 1099, income tax and more.

Organizational Units

PENTA's user-defined, hierarchical organizational unit structure enables your enterprise construction accounting system to mirror your business and legal entities. From handling inter-company transactions and automatic reporting of profit by profit center, to keeping the system in balance and analyzing financial performance across complex organizational structures, PENTA Construction Accounting Software will simplify your financial and construction accounting processes.

Inter-Company and Intra-Company Accounting

PENTA simplifies inter and intra-company transactions between business units by either recognizing the existence of multiple companies on transactions and automatically creating the necessary balancing inter-company AP and AR entries.

Customer Invoicing / Billing

When using multiple Job Ids to manage a project internally, PENTA gives you the ability to easily roll jobs into a single customer invoice.