Division screen

Use the Division screen to add or modify a division. A division is a business unit within a parent company that operates with its own balance sheet. While the parent company consolidates all divisional activity for tax reporting purposes, divisional accounting requires that all entries be balanced within the parent company level and also within each division.

Note: To open the Division screen, click Administration > Company & Division > Division in the All Tasks pane.

When you add a company in ProContractor, you must select the company's GL structure: either Company Only or Company with Divisions. If you select a GL structure of Company Only, ProContractor creates a single corporate division with the division code 0000. The corporate division is entered automatically in all Division fields throughout ProContractor and all fields on this screen are disabled. If you select a GL structure of Company with Divisions, ProContractor creates a corporate division with the division code 0000.

Note: The Division screen is a step in the initial setup process. The Project Settings screen is the next step.