Sage X3 is multi-language, multi-company, multi-site, multi-currency, multi-ledger and multi-legislation by design.
Multi-language: Ability to speak the language of users and partners. It includes the user interface and descriptions.
Multi-company: Ability to manage several companies in the same database. It enables an organization to share the same repository while dedicating some data to one or several site/companies.
Multi-site: Ability to manage several structures within a company, due to business, organizational, or geographic needs.
Multi-currency: Ability to manage transaction currency. The amounts in this transaction currency are translated into a ‘ledger’ currency.
Multi-ledger: Ability to define several ledgers for one company. Ledgers can be shared or dedicated.
Multi-legislation: Ability to manage several companies located in different countries. In this case, local rules are applied depending on the context. These rules can be defined using user-designed settings or may include dedicated processes.
1.2.2 Models and ledgers
Each company is linked to an accounting model that defines the ledgers used (up to 10).
A ledger is characterized by one currency, one calendar, one chart of accounts and analytical dimensions
Up to 9 analytical dimensions may be defined for a ledger, up to 20 analytical dimensions for a model
The charts of accounts and dimensions can be shared or specific to several entities
1.2.3 Companies & sites
Group of sites and companies may be defined for an aggregate crossed view (by activity, function, geographical location), in inquiries or reports
Each company is associated with one accounting model and one legislation
Automation of inter-site transactions
Automated inter-company transactions in purchases and sales modules
2.1 Fixed asset management framework
Fixed asset management in accordance with IAS/IFRS
2.1.1 Depreciation context and plans
Depreciation context based on Accounting data model, to manage a Fixed assets data model in a currency, according to a financial year and interim period schedule
Accounting and fiscal depreciation context linked to the Company accounting data model:
Chart of accounts to determine economic depreciation
Fiscal plan to determine accelerated depreciation or clawback
Minimum fiscal plan to determine deferrable depreciation and manage deferred depreciation
IAS/IFRS depreciation context linked to the IAS/IFRS accounting repository (consolidated accounts)
Ability to manage up to 15 depreciation plans per fixed asset
2.1.3 Association of values
Consistency of depreciation methods via an identification system depending on the value: