Entities & Accounts

In Atlar, entities and accounts can be used for:

• Grouping data such as accounts, transactions, payments, forecasted transactions so that that it's possible to filter and aggregate data (e.g. in views) based on entity
• Restricting access for users to certain entity/entities
• Setting up different payment approval chains based on entity

Atlar will create entities automatically based on data fetched from banks, but it is possible to create your entities before-hand. No matter if Atlar created the entity or if it was created manually through the dashboard, the entity structure can be changed at any point in the Dashboard, as such being completely configurable depending on ones needs.

Once an entity exists in the dashboard, accounts can be linked to the entity.

Create or configure an entity

Create a new entity

1. Navigate to Settings → Account and Entities
2. In the top right corner, click Create new → Create new Entity

Configure an existing entity

1. Navigate to Settings → Account and Entities
2. Under Entities, click the three dots next to the entity and choose Edit Entity

Populate the entity information

1. Fill in information
   1. Input the Legal name of the Entity.
   2. Optionally choose a Parent entity. This will link the entity you are creating to the Parent entity.
   3. The Address and National Identifiers are required when initiating certain payment types. Hence, it is recommended to fill in both Address and National Identifiers.
2. Continue by clicking Create
3. The entity is now created.

Link an Account to an Entity

1. Navigate to Settings → Account and Entities → Accounts
2. Link an account to an entity:
   1. In the top right corner click Edit
   2. In the dropdown next to each account you can assign the correct entity to the account.
3. Click Save to keep the changes

Best practice

• Using parent entity is an efficient way to structure entities, ensuring they align with the organizational structure. However, structuring entities using parent entity doesn't have a practical effect apart from visualizing the entity structure in Atlar.
• When changes are made to accounts and entities, the new setup will be used both for new and existing payments not sent to bank.