We have some differences to register subsidiries on PZM.

• Tax Subsidiary – a subsidiary will be the parent company previously registered.

• Accounting Subsidiary – the subsidiary where the reconciliation will be done and also will be connected to a Company chart of accounts previously registered.

Access Registration > Subsidiary

Filling

Organization: search through the magnifying glass the organization created and select it.
Company: Click on the magnifying glass, click on search to select the company previously registered.
Code: registered code on ERP or sequential.
ERP Code: Registered code on ERP.
Name: always put [Accounting] or [Tax] before the name.
Description: Repeat the name.
Registered Number:
City: select on filter
Account: if not applicable, keep spirit option selected
Consolidated: by default inform NO. (In case of a subsidiary “yes” consolidated, it will bring in your balances the corresponding amount to the subsidiaries that belongs to it)
Master: by default inform NO. (It will be only yes if the company – If its as yes it will bring to the marked subsidiary, all other subsidiaries)
Reference Consolidated Subsidiary: It’s not a mandatory field when the subsidiary is not consolidated. (Reference to reconciliation by Subsidiary Group. In case of consolidated subsidiaries inform on this field which subsidiary that is being registered must be grouped)
Accounting Close Day: Inform business day to accounting closing of subsidiary. Ex.: 4th business day – this field, is added to
field “day” of registration of chart of accounts. EX.: Account 100.1 shows Day 2 and in Subsidiary shows 4, therefore the expiring of this account will be on 6th business day.
Approver Approval day: Inform number of days after release date of the Analys to Approver approval.
Customer Approval day: Inform number of days after release date of the approver to customer’s approval (Final Approval)
Status: Active or Inactive.