It is possible to analyse a single division (or class, department, location, region, profit centre, etc.) as a standalone entity. This will allow you to add a budget for this division, and also consolidate this division with other entities.

To do this, you will need to import a division as a separate entity.

Important: You must first import the parent company before you can import  a single tracking category, class or division into Fathom.

Process

Go to 'Add a company', select either Xero, QuickBooks Online, or MYOB*, then select 'import a single division'.  

Select an existing company which you have imported into Fathom, and select one division from that company. Click 'Import' to commence the import of data for this division.

The selected division will now be visible in the 'My Companies' screen in Fathom.

Will this affect billing?

Yes. Please note that each class imported as a standalone company will have access to all of the analysis and reporting tools in Fathom, and is thus treated as a separate entity for billing purposes.

Can I import a budget for a standalone entity? 

Yes. Fathom enables you to add budgets for divisions that are imported as standalone entities. For more detailed information on this process, view the following help article: Adding Budgets for Divisions.

*We do not support the import of standalone entities for Quickbooks Desktop, MYOB Desktop, or Quickbooks Online Advanced.

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