Create Company

23-Jun-2022 ยท Ivan Wong

Workflow

  1. Create Company
  2. Create Department
  3. Create Job Order

1. Create Company

  1. Master Data --> Organization
  2. Add New
  3. Fill in the necessary information
  4. Save

Points to note

  1. No need to select Parent Organization when creating company
  2. Organization Code refers to your short code for the company
  3. Organization Name is the company name here
  4. MPF Trustee, if the trustee is not on the list, go to Payroll --> MPF Trustee to create one
  5. Tax Name is the guy who signs the IR56 forms
  6. Tax Designation is the title of that guy
  7. Default Currency is needed to change if you are handling company outside Hong Kong

2. Create Department

  1. Master Data --> Organization
  2. Add New
  3. Fill in the necessary information
  4. Save

Points to note

  1. You need to select the parent organization here, it will be the level right above it. E.g. if you are creating departments, then the Parent Organization will be the company. If you are crating teams, then the Parent Organization will be the department that the team belongs to.
  2. Only 4 things are needed to fill in
    1. Parent Organization
    2. Organization Code, which will be the department code here
    3. Organization Name, which will be the department name here.
    4. Sequence Number, which will be the level the department belongs to. E.g. 1 for Company, 2 for Department, 3 for Team, etc.

3. Create Job Order

  1. Staff --> Job Order
  2. Add New
  3. Fill in the necessary information
  4. Save

Points to note

  1. Make sure Client and Employer are the same, if you are not in HR Agency industry
  2. Fill in Position, usually "Staff" will be enough
  3. Remember to change Currency if you are handling company outside Hong Kong

Congratulations! You have finished setting up the Company Structure.