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Business units

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Business units

Business units are parts of your organization that are in charge of certain operations, such as Finance, HR, IT, and so on.

Business units typically comprise departments and are associated with a company. By default, the IT chart of accounts includes a segment for business units, departments, and vendors, which are companies with the Vendor option selected. With this chart of accounts setup, you can allocate expenses to specific business units, departments, or vendors, or have expense allocations roll up to them. You can configure both departments and companies as part of user management.