Company

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Overview

Company — Business Overview

The Company document represents a legal entity or subsidiary within your organization in Dafater. Each Company operates as an independent business unit with its own financial identity, compliance requirements, and operational structure. It is the foundation on which all accounting, HR, sales, purchasing, and operational activities are organized.

In simple terms, if your organization runs one or more legal entities, each legal entity must be set up as a separate Company.


What the Company is Used for in Business Operations

The Company document is used to:

Every transaction in Dafater—whether financial, HR-related, or operational—must belong to a Company.


Prerequisites and Setup Requirements

Before using the Company document, the following should be clear at a business level:

Typically, the Company is created early during system setup, before day-to-day business transactions begin.


Typical Workflow and Business Fit

  1. Create the Company

    • Define the legal identity and basic details.
    • Set the base currency and country of operation.
  2. Configure Financial Structure

    • Assign or define the Chart of Accounts.
    • Set defaults for taxes, cost centers, and accounting periods.
  3. Link Business Functions

    • Connect employees, customers, suppliers, banks, and assets to the Company.
    • Define company-specific policies for payroll, expenses, and approvals.
  4. Run Daily Operations

    • All transactions (sales, purchases, payments, payroll) are recorded against the Company.
    • Financial statements and reports are generated per Company.
  5. Monitor and Report

    • Review profit and loss, balance sheet, cash flow, and compliance reports.
    • Compare performance across multiple Companies if applicable.

Key Business Scenarios Where Company is Essential

The Company document is critical in scenarios such as:

Without properly defined Companies, accurate financial reporting and compliance become impossible.


Important Considerations for Users


In Summary

The Company document is the cornerstone of business operations in Dafater. It defines who you are as a legal entity, how your finances are structured, and how all business activities are recorded and reported. A well-planned Company setup ensures clarity, compliance, and scalability as your organization grows.

Legal Entity / Subsidiary with a separate Chart of Accounts belonging to the Organization.

Basic Information

Fields

Field Name Label Type Required Options Description
company_name Company Data - Legal registered name of the company in Dafater
abbr Abbr Data - Short unique abbreviation for company identification
default_currency Default Currency Link Currency Primary currency used for accounting and transactions
country Country Link Country Country where the company is legally registered
is_group Is Group Check - Indicates whether this company is a group entity
nontaxablecompany Non Taxable Company? Check - Marks company as exempt from applicable taxes
defaultholidaylist Default Holiday List Link Holiday List Default holiday calendar applicable to employees
defaultletterhead Default Letter Head Link Letter Head Standard letterhead for official documents
tax_id Tax ID Data - Government-issued tax identification number
domain Domain Link Domain Business domain defining enabled Dafater features
dateofestablishment Date of Establishment Date - Date when the business was initially established
parent_company Parent Company Link Company Parent entity under which this company operates
id_type ID Type Select Tax Identification Number, National ID, Iqama N... Type of legal identification used for company registration
company_id Company ID Data - Official company identification number
company_logo Company Logo Attach Image - Company logo used in reports and documents
dateofincorporation Date of Incorporation Date - Legal incorporation date of the company
phone_no Phone No Data Phone Primary contact phone number
email Email Data Email Official company email address
company_description Company Description Text Editor - Brief overview of company business activities
dateofcommencement Date of Commencement Date - Date when business operations commenced
fax Fax Data Phone Official fax number of the company
website Website Data - Official company website URL
address_html address_html HTML - Formatted display of company address
registration_details Registration Details Code - Additional legal and registration information
lft Lft Int - System field for company hierarchy management
rgt Rgt Int - System field for company hierarchy management
old_parent old_parent Data - Previous parent company reference
customcompanylegal_documents Company Legal Documents Table Legal Document List of uploaded company legal documents
createchartofaccountsbased_on Create Chart Of Accounts Based On Select , Standard Template, Existing Company Basis for creating the chart of accounts
existing_company Existing Company Link Company Reference company to copy chart of accounts
chartofaccounts Chart Of Accounts Template Select - Selected chart of accounts template
createanautomaticaccountforthecustomer Create an Automatic Account for the Customer Check - Automatically create ledger accounts for customers
customcustomersparent_account Customers Parent Account Link Account Parent account for all customer ledgers
defaultbankaccount Default Bank Account Link Account Default bank account for transactions
defaultcashaccount Default Cash Account Link Account Default cash account for payments
defaultreceivableaccount Default Receivable Account Link Account Default account for customer receivables
roundoffaccount Round Off Account Link Account Account used for rounding differences
roundoffcost_center Round Off Cost Center Link Cost Center Cost center for rounding adjustments
roundofffor_opening Round Off for Opening Link Account Account for opening balance round off
writeoffaccount Write Off Account Link Account Account used for bad debt write offs
exchangegainloss_account Exchange Gain / Loss Account Link Account Account for realized foreign exchange differences
unrealizedexchangegainlossaccount Unrealized Exchange Gain/Loss Account Link Account Account for unrealized exchange differences
unrealizedprofitloss_account Unrealized Profit / Loss Account Link Account Account for unrealized profit or loss
createanautomaticaccountforthesupplier Create an Automatic Account for the Supplier Check - Automatically create ledger accounts for suppliers
customsuppliersparent_account Suppliers Parent Account Link Account Parent account for all supplier ledgers
allowaccountcreationagainstchild_company Allow Account Creation Against Child Company Check - Allow account creation under child companies
defaultpayableaccount Default Payable Account Link Account Default account for supplier payables
defaultexpenseaccount Default Cost of Goods Sold Account Link Account Default cost of goods sold account
defaultincomeaccount Default Income Account Link Account Default account for recording income
defaultdeferredrevenue_account Default Deferred Revenue Account Link Account Account for deferred revenue recognition
defaultdeferredexpense_account Default Deferred Expense Account Link Account Account for deferred expense recognition
defaultdiscountaccount Default Payment Discount Account Link Account Account for payment discount adjustments
payment_terms Default Payment Terms Template Link Payment Terms Template Default payment terms for transactions
cost_center Default Cost Center Link Cost Center Default cost center for accounting entries
defaultfinancebook Default Finance Book Link Finance Book Default finance book for postings
bookadvancepaymentsinseparatepartyaccount Book Advance Payments in Separate Party Account Check - Track advances in separate party accounts
reconcileonadvancepaymentdate Reconcile on Advance Payment Date Check - Reconcile advances based on payment date
reconciliationtakeseffect_on Reconciliation Takes Effect On Select Advance Payment Date, Oldest Of Invoice Or Adva... Defines effective date for reconciliation
defaultadvancereceived_account Default Advance Received Account Link Account Account for customer advances received
defaultadvancepaid_account Default Advance Paid Account Link Account Account for supplier advances paid
autoexchangerate_revaluation Auto Create Exchange Rate Revaluation Check - Automatically create exchange rate revaluation entries
autoerrfrequency Frequency Select Daily, Weekly, Monthly Frequency for exchange rate revaluation
submiterrjv Submit ERR Journals? Check - Automatically submit exchange revaluation journals
exceptionbudgetapprover_role Exception Budget Approver Role Link Role Role allowed to approve budget exceptions
accumulateddepreciationaccount Accumulated Depreciation Account Link Account Account holding accumulated asset depreciation
depreciationexpenseaccount Depreciation Expense Account Link Account Account for periodic depreciation expenses
seriesfordepreciation_entry Series for Asset Depreciation Entry (Journal Entry) Data - Naming series for depreciation journal entries
expensesincludedinassetvaluation Expenses Included In Asset Valuation Link Account Expenses capitalized into asset value
disposal_account Gain/Loss Account on Asset Disposal Link Account Account for asset disposal gains or losses
depreciationcostcenter Asset Depreciation Cost Center Link Cost Center Cost center for depreciation expenses
capitalworkinprogressaccount Capital Work In Progress Account Link Account Account for capital work in progress
assetreceivedbutnotbilled Asset Received But Not Billed Link Account Account for received but unbilled assets
defaultbuyingterms Default Buying Terms Link Terms and Conditions Default terms for purchase transactions
salesmonthlyhistory Sales Monthly History Small Text - Historical monthly sales summary
monthlysalestarget Monthly Sales Target Currency default_currency Defined monthly sales target amount
totalmonthlysales Total Monthly Sales Currency default_currency Total sales achieved during the month
defaultsellingterms Default Selling Terms Link Terms and Conditions Default terms for sales transactions
defaultwarehouseforsalesreturn Default Warehouse for Sales Return Link Warehouse Warehouse used for sales return items
credit_limit Credit Limit Currency default_currency Maximum allowed credit limit
defaultexpenseclaimpayableaccount Default Expense Claim Payable Account Link Account Account for employee expense claim payables
defaultemployeeadvance_account Default Employee Advance Account Link Account Account for employee advances
defaultpayrollpayable_account Default Payroll Payable Account Link Account Account for payroll liabilities
transactionsannualhistory Transactions Annual History Code - Yearly summary of transaction activity
createanautomaticaccountfortheemployee Create an Automatic Account for the Employee Check - Automatically create ledger accounts for employees
enableperpetualinventory Enable Perpetual Inventory Check - Enable real-time inventory accounting
enableprovisionalaccountingfornonstockitems Enable Provisional Accounting For Non Stock Items Check - Enable provisional entries for non-stock items
defaultinventoryaccount Default Inventory Account Link Account Default inventory valuation account
stockadjustmentaccount Stock Adjustment Account Link Account Account for inventory adjustment entries
stockreceivedbutnotbilled Stock Received But Not Billed Link Account Account for stock received but not invoiced
defaultprovisionalaccount Default Provisional Account Link Account Default account for provisional postings
expensesincludedin_valuation Expenses Included In Valuation Link Account Expenses added to inventory valuation
defaultoperatingcost_account Default Operating Cost Account Link Account Account for operating cost postings
defaultintransit_warehouse Default In-Transit Warehouse Link Warehouse Warehouse for goods in transit
loanrestructurelimit Restructure Limit % (Overall) Percent - Maximum allowed loan restructure percentage
watchperiodpostloanrestructureindays Watch Period Post Loan Restructure (In Days) Int - Monitoring period after loan restructuring
interestdaycount_convention Interest Day-Count Convention Select Actual/365, Actual/Actual, 30/365, 30/360, Actu... Method for calculating loan interest days
mindaysbwdisbursementfirst_repayment Minimum days between Disbursement date and first Repayment date Int - Minimum days before first loan repayment
loanaccrualfrequency Loan Accrual Frequency Select Daily, Weekly, Monthly Frequency of loan interest accrual
collectionoffsetlogicbasedon Collection Offset Logic Based On Select NPA Flag, Days Past Due Basis for collection offset logic
dayspastdue_threshold Days Past Due Threshold Int - Days overdue before classification change
dayspastduethresholdforautowrite_off Days Past Due Threshold For Auto Write Off Int - Overdue days triggering automatic write off
collectionoffsetsequenceforsubstandardasset Collection Offset Sequence for Sub Standard Asset Select IP...IP...IP...CCC, PPP...III...CCC Collection priority for sub-standard loans
collectionoffsetsequenceforstandard_asset Collection Offset Sequence for Standard Asset Select IP...IP...IP...CCC, PPP...III...CCC Collection priority for standard loans
collectionoffsetsequenceforwrittenoffasset Collection Offset Sequence for Written Off Asset Select IP...IP...IP...CCC, PPP...III...CCC Collection priority for written-off loans
collectionoffsetsequenceforsettlement_collection Collection Offset Sequence for Settlement Collection Select IP...IP...IP...CCC, PPP...III...CCC Collection priority during loan settlement
loanclassificationranges Loan Classification Ranges Table Loan Classification Range Defines loan status based on overdue ranges
iracprovisioningconfiguration IRAC Provisioning Configuration Table Loan IRAC Provisioning Configuration Provisioning rules as per IRAC norms

Child Tables

Field Name Label Type Required Options Description
legaldocumenttype Legal Document Type Link Legal Document Type Categorizes the legal document type used within Dafater records
issue_date Issue Date Date - Date the legal document was officially issued in Dafater
expiration_date Expiration Date Date - Date the legal document expires or becomes invalid in Dafater

Loan Classification Ranges (Loan Classification Range)

Field Name Label Type Required Options Description
classification_code Classification Code Link Loan Classification Linked loan classification code defined in Dafater.
classification_name Classification Name Data - Readable name for loan delinquency classification range.
mindpdrange Min DPD Range Int - Minimum days past due for this classification.
maxdpdrange Max DPD Range Int - Maximum days past due for this classification.
iswrittenoff Is Written Off Check - Indicates whether loans in this range are written off.

IRAC Provisioning Configuration (Loan IRAC Provisioning Configuration)

Field Name Label Type Required Options Description
classification_code Classification Code Link Loan Classification Link to loan classification used for IRAC provisioning.
classification_name Classification Name Data - Readable name of the loan classification for reporting.
security_type Security Type Select Secured, Unsecured, Semi-Secured Defines collateral coverage type impacting provisioning requirements.
provision_rate Provision Rate Percent - Percentage rate applied to calculate loan loss provisions.

Permissions

Role Read Write Create Delete Submit Cancel
Accounts Manager
Stock User
Auditor
Employee
System Manager
Sales User
Accounts User
Projects User
Purchase User
DocType Relationship Module
Account Linked from Accounts
Account Closing Balance Linked from Accounts
Accounting Dimension Filter Linked from Accounts
Accounting Period Linked from Accounts
Additional Salary Linked from Payroll
Advance Payment Ledger Entry Linked from Accounts
Appointment Letter Linked from HR
Appraisal Linked from HR
Appraisal Cycle Linked from HR
Asset Linked from Assets
Asset Capitalization Linked from Assets
Asset Depreciation Schedule Linked from Assets
Asset Maintenance Linked from Assets
Asset Maintenance Team Linked from Assets
Asset Movement Linked from Assets
Asset Repair Linked from Assets
Asset Value Adjustment Linked from Assets
Attendance Linked from HR
Attendance Request Linked from HR
Authorization Rule Linked from Setup
BOM Linked from Manufacturing
BOM Creator Linked from Manufacturing
Bank Account Linked from Accounts
Bank Reconciliation Tool Linked from Accounts
Bank Statement Import Linked from Accounts
Bank Transaction Linked from Accounts
Bisect Accounting Statements Linked from Accounts
Blanket Order Linked from Manufacturing
Branch Linked from Setup
Budget Linked from Accounts
Bulk Salary Structure Assignment Linked from Payroll
Chart of Accounts Importer Linked from Accounts
Closing Stock Balance Linked from Stock
Cost Center Linked from Accounts
Cost Center Allocation Linked from Accounts
Customer Linked from Selling
Delivery Note Linked from Stock
Delivery Trip Linked from Stock
Department Linked from Setup
Dunning Linked from Accounts
Dunning Type Linked from Accounts
Email Digest Linked from Setup
Employee Linked from Setup
Employee Advance Linked from HR
Employee Attendance Tool Linked from HR
Employee Benefit Application Linked from Payroll
Employee Benefit Claim Linked from Payroll
Employee Incentive Linked from Payroll
Employee Onboarding Linked from HR
Employee Onboarding Template Linked from HR
Employee Other Income Linked from Payroll
Employee Performance Feedback Linked from HR
Employee Promotion Linked from HR
Employee Separation Linked from HR
Employee Separation Template Linked from HR
Employee Tax Exemption Declaration Linked from Payroll
Employee Tax Exemption Proof Submission Linked from Payroll
Employee Transfer Linked from HR
Exchange Rate Revaluation Linked from Accounts
Exit Interview Linked from HR
Expense Claim Linked from HR
Foodics Integration Linked from Dafater Integrations
Full and Final Statement Linked from HR
GL Entry Linked from Accounts
Global Defaults Linked from Setup
Goal Linked from HR
Gratuity Linked from Payroll
Homepage Linked from Portal
Import Supplier Invoice Linked from Regional
Income Tax Slab Linked from Payroll
Installation Note Linked from Selling
Invoice Discounting Linked from Accounts
Issue Linked from Support
Item Tax Template Linked from Accounts
Job Card Linked from Manufacturing
Job Offer Linked from HR
Job Opening Linked from HR
Job Requisition Linked from HR
Journal Entry Linked from Accounts
Journal Entry Template Linked from Accounts
Landed Cost Voucher Linked from Stock
Lead Linked from CRM
Leave Allocation Linked from HR
Leave Application Linked from HR
Leave Block List Linked from HR
Leave Control Panel Linked from HR
Leave Encashment Linked from HR
Leave Ledger Entry Linked from HR
Leave Period Linked from HR
Leave Policy Assignment Linked from HR
Ledger Merge Linked from Accounts
Loan Linked from Loan Management
Loan Application Linked from Loan Management
Loan Balance Adjustment Linked from Loan Management
Loan Demand Linked from Loan Management
Loan Disbursement Linked from Loan Management
Loan Interest Accrual Linked from Loan Management
Loan Product Linked from Loan Management
Loan Refund Linked from Loan Management
Loan Repayment Linked from Loan Management
Loan Repayment Schedule Linked from Loan Management
Loan Restructure Linked from Loan Management
Loan Restructure Limit Log Linked from Loan Management
Loan Security Assignment Linked from Loan Management
Loan Security Release Linked from Loan Management
Loan Transfer Linked from Loan Management
Loan Write Off Linked from Loan Management
Lower Deduction Certificate Linked from Regional
Loyalty Point Entry Linked from Accounts
Loyalty Program Linked from Accounts
Maintenance Schedule Linked from Maintenance
Maintenance Visit Linked from Maintenance
Material Request Linked from Stock
Opening Invoice Creation Tool Linked from Accounts
Opportunity Linked from CRM
POS Closing Entry Linked from Accounts
POS Invoice Linked from Accounts
POS Invoice Merge Log Linked from Accounts
POS Opening Entry Linked from Accounts
POS Profile Linked from Accounts
Passport Update Information Linked from Dafater HR
Payment Entry Linked from Accounts
Payment Gateway Account Linked from Accounts
Payment Ledger Entry Linked from Accounts
Payment Order Linked from Accounts
Payment Reconciliation Linked from Accounts
Payment Request Linked from Accounts
Payroll Entry Linked from Payroll
Payroll Period Linked from Payroll
Period Closing Voucher Linked from Accounts
Pick List Linked from Stock
Plant Floor Linked from Manufacturing
Pricing Rule Linked from Accounts
Process Deferred Accounting Linked from Accounts
Process Loan Interest Accrual Linked from Loan Management
Process Payment Reconciliation Linked from Accounts
Process Statement Of Accounts Linked from Accounts
Production Plan Linked from Manufacturing
Project Linked from Projects
Promotional Scheme Linked from Accounts
Prospect Linked from CRM
Purchase Invoice Linked from Accounts
Purchase Order Linked from Buying
Purchase Receipt Linked from Stock
Purchase Taxes and Charges Template Linked from Accounts
Putaway Rule Linked from Stock
Quality Inspection Linked from Stock
Quotation Linked from Selling
Repost Accounting Ledger Linked from Accounts
Repost Item Valuation Linked from Stock
Repost Payment Ledger Linked from Accounts
Request for Quotation Linked from Buying
Retention Bonus Linked from Payroll
Salary Slip Linked from Payroll
Salary Structure Linked from Payroll
Salary Structure Assignment Linked from Payroll
Salary Withholding Linked from Payroll
Sales Invoice Linked from Accounts
Sales Order Linked from Selling
Sales Taxes and Charges Template Linked from Accounts
Salla Integration Linked from Dafater Integrations
Sanctioned Loan Amount Linked from Loan Management
Serial No Linked from Stock
Serial and Batch Bundle Linked from Stock
Share Transfer Linked from Accounts
Shareholder Linked from Accounts
Shift Assignment Linked from HR
Shift Assignment Tool Linked from HR
Shift Request Linked from HR
Shift Schedule Assignment Linked from HR
Shipment Linked from Stock
Shipping Rule Linked from Accounts
South Africa VAT Settings Linked from Regional
Staffing Plan Linked from HR
Stock Entry Linked from Stock
Stock Ledger Entry Linked from Stock
Stock Reconciliation Linked from Stock
Stock Reservation Entry Linked from Stock
Subcontracting Order Linked from Subcontracting
Subcontracting Receipt Linked from Subcontracting
Subscription Linked from Accounts
Supplier Linked from Buying
Supplier Quotation Linked from Buying
Task Linked from Projects
Tax Rule Linked from Accounts
Timesheet Linked from Projects
Training Event Linked from HR
Training Program Linked from HR
Transaction Deletion Record Linked from Setup
Travel Request Linked from HR
UAE VAT Settings Linked from Regional
Unreconcile Payment Linked from Accounts
Vendor Application Linked from Dafater Tenders
Warehouse Linked from Stock
Warranty Claim Linked from Support
Webshop Settings Linked from Webshop
Work Order Linked from Manufacturing
Zatca Linked from Dafater Integrations
Zid Integration Linked from Dafater Integrations
Account Links to Accounts
Company Links to Setup
Cost Center Links to Accounts
Country Links to Geo
Currency Links to Geo
Domain Links to Core
Finance Book Links to Accounts
Holiday List Links to Setup
Letter Head Links to Printing
Payment Terms Template Links to Accounts
Role Links to Core
Terms and Conditions Links to Setup
Warehouse Links to Stock