What is Billing Parent Company?

What is Billing Parent Company?

If you’ve set up a company organisation in MachShip with a parent company and multiple child companies, each child company can create (or have created) consignments under its own company. By default, MachShip generates separate invoices per child company. That means: one invoice per child company, based on the consignments created against that child.

MachShip has provided an option where you can set one invoice across an organisation. To enable this, you can set a Billing Parent Company for a child company.

When a Billing Parent Company is set, MachShip will direct that child company’s invoice charges to the selected billing parent, allowing you to generate a single invoice for the organisation (rather than one per child).

Common Use Case: Broker and Reseller Models
The Billing Parent Company feature is commonly used in broker and reseller scenarios. In these models, a parent company (the broker or reseller) operates multiple child company accounts on behalf of clients. The parent company typically owns the carrier accounts, and child companies access these accounts via Company Carrier Accounts with markup pricing applied. By setting the Billing Parent Company, all invoices from child companies are consolidated into a single invoice for the parent company.

Example
Company A has three child companies: A1, A2, and A3.
If Company A wants one consolidated invoice covering A1, A2, and A3:
- Set the Billing Parent Company on A1, A2, and A3 to Company A.
If the organisation wants separate invoices (one per child company):
- Leave Billing Parent Company blank on A1, A2, and A3.
- MachShip will apply the default behaviour (invoices generated per child company).

Where to set the Billing Parent Company
1.Go to the relevant Company.
2.Click Edit Company.
3.Find the Billing Parent Company field.
4.Type the company name and select the correct company from the typeahead dropdown.
- The company must be chosen from the suggestions (not typed as free text).
5.Save your changes.