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Conga Support

Marking a Company as a Legal Entity

In the Novatus system, companies are divided into two categories: internal and external. Internal companies are all of your "legal entities," which include your primary company and any subsidiaries or other entities that have the legal capacity to enter into a contract. An external company refers to the "other party" that has entered into a contract with your company. The other parties to your contracts can be customers, suppliers, or vendors. Both categories, external (companies) and internal (legal entities), should have a full Company Profile in Novatus.

The Mark As Entity option is used to identify the companies stored in Novatus that can legally be named as a party to a contract.

  If you erroneously mark as company as a legal entity, you can easily "unmark" it as a legal entity.

A company is marked as a legal entity from its Company Profile.

A

Admin Tools button

Click to display a menu, and select Mark as Entity.

Note: If the Admin Tools button is not in your Action Bar, you do not have permission to use company wizards.

B

Request Complete prompt

Click the OK button in the prompt to confirm you want to mark the company as an internal legal entity.