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Merging companies

Last post 06-26-2009 10:41 AM by RonaldS. 3 replies.
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  • 06-04-2009 11:34 AM

    Merging companies

    We currently have (13) companies set up in our FAS Asset System.   These (13) companies represent our various centers.  We are thinking it would be practical to have these set up as (1) company in FAS which would require us to perform a merge.  Has anyone ever merged companies?  I welcome any suggestions / thoughts or precautions I should take into consideration.

     

    Thank you! 

  • 06-11-2009 4:49 PM In reply to

    • bbalser
    • Top 25 Contributor
    • Joined on 12-09-2008
    • Marietta, GA
    • Posts 2

    Re: Merging companies

    I had a client who exported all their assets from the multiple companies, put them all into a single spreadsheet, and then reimported them into one company.  If you do go this route it remember to use a field to represent your center to you can run reconciliation reports.

  • 06-24-2009 7:36 PM In reply to

    Re: Merging companies

     You can do a transfer of assets. Lets assume that Co 1 is the main company. Transfer all the assets of Co 2 to Co 1. Then Co 3 to Co 1, etc.

  • 06-26-2009 10:41 AM In reply to

    Re: Merging companies

     You may not need this, but since it's on one-time report you'll be able to run only during the merge (if you use Company Utilities), you might want to run an Asset Map Report. This will match old system numbers by original company to your new system numbers.

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