According to Gravity, expenses can be entered on one screen and shared with unlimited companies and each entity can have its own or consolidated reports. With shared master files, vendors, customers and charts of accounts can be share among some or all entities. The software, which has a real-time architecture, distributes line items to multiple entities and automatically manages 'Due To' and 'Due From' accounts. Gravity is headed by former reseller, CEO John Silvani.
GRAVITY ADDS MULTI-ENTITY
Gravity Software has added multi-entity capabilities in its cloud-based Gravity 3.0 release. The Southfield, Mich.-based company, whose software is written on the Microsoft CRM platform, says with the new version organizations can set up multiple entities in one database at no additional cost.
Bob Scott has been informing and entertaining the mid-market financial software community with his email newsletters for 10 years. And he has been covering this market through print publications for 18 years, first as technology editor of Accounting Today and then as the Editor of Accounting Technology from 1997 through 2009. He has covered the traditional tax and accounting profession during the same time and continues to address that as executive editor of the Progressive Accountant.