Setting up companies

A company is a business entity that uses 1C:Drive for managing its business activities.

1C:Drive supports the following options:

Single company management.
Multi-company management.

By default, single company management is enabled. This means the Company menu includes the Company details link. You can click it and specify the details of the company whose data you plan to maintain in 1C:Drive.

In 1C:Drive, each company requires the accounting policy. It defines rules that a company follows while preparing and presenting financial statements. Specify the accounting policy before you start recording a company's business data.

If you plan to record bank payments, register company's bank accounts in the Company bank accounts catalog.

If you want to switch to multi-company management or configure other company-wide settings, go to Settings > Company and do the following:

To manage records for multiple companies, set up multi-company management.
After you do this, in the Company menu, the Company details link will be replaced with the Companies link to the catalog where you can register multiple companies.
To configure accounting module usage, set up accounting.
To approve accounting entries and control reposting, set up accounting approval.
To track income and expenses by company department, set up departments.
To track income and expenses by line of business, set up lines of business.
To register multiple VAT numbers and check them through the VAT Information Exchange System (VIES), set up VAT.
To control data consistency when posting documents, set up data consistency protection.
To configure a rule for shifting the period-end closing date, set up data edit closing date automatic shifting.
To archive document print forms automatically, set up print forms archiving.
To plan company income, expenses, or cash flows for a future period, set up budgeting.
To manage projects, project phases, and project tasks, and use project-related
accounting, set up project management.
To configure how contracts with counterparties are created and selected in
documents, workplaces, and reports, set up contract management method.
To configure additional company-wide options, set up other options.