| Intercompany (I/C) | |||||||||||||||||||||||||
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| Definitions | |||||||||||||||||||||||||
| Intercompany Accounting: | |||||||||||||||||||||||||
| 1. The Transaction between two companies or balancing segments | |||||||||||||||||||||||||
| 2. This can be a transaction between balancing segments within same or different ledger | |||||||||||||||||||||||||
| Intracompany Accounting: | |||||||||||||||||||||||||
| 1. Transaction between two different companies or balancing segments within a Legal Entity (LE) | |||||||||||||||||||||||||
| 2. Transaction between two different companies or balancing segments assigned to a ledger | |||||||||||||||||||||||||
| Note: Transaction between a company code assigned at ledger level and legal entity level | |||||||||||||||||||||||||
| *When you are providing something we have to receive money | |||||||||||||||||||||||||
| *When you are provider we will create AR Invoice and when you are a receiver we will create payable invoice | |||||||||||||||||||||||||
| Setups | |||||||||||||||||||||||||
| 1. Intercompany System Options | Task | Manage Intercompany System Options | |||||||||||||||||||||||
| 2. Intercompany Transaction Types | Task | Manage Intercompany Transaction Types | |||||||||||||||||||||||
| 3. Intercompany Organisations | Task | Manage Intercompany Organisations | |||||||||||||||||||||||
| 4. Access for Users | Task | Manage Intercompany Organisation Data Access for Users | |||||||||||||||||||||||
| 5. Define Approval Rules (Optional) | Task | Manage Approval Groups | |||||||||||||||||||||||
| 6. Intercompany Period Status | Task | Manage Intercompany Period Status | |||||||||||||||||||||||
| 7. Intercompany Customer Supplier Association | Task | Manage Intercompany Customer Supplier Association | |||||||||||||||||||||||
| 8. Intercompany Receivables Assignment (Optional) | Task | Manage Intercompany Receivables Assignment | |||||||||||||||||||||||
| 9. Intercompany Balancing Rules | Task | Manage Intercompany Balancing Rules | |||||||||||||||||||||||
| Transactions | |||||||||||||||||||||||||
| 1. Create Transaction | |||||||||||||||||||||||||
| 2. Create Transactions in Spreadsheet | |||||||||||||||||||||||||
| 3. Intercompany Outbound Transactions | |||||||||||||||||||||||||
| 4. Intercompany Inbound Transactions | |||||||||||||||||||||||||
| 5. Transfer to Receivables | |||||||||||||||||||||||||
| 6. Transfer to Payables | |||||||||||||||||||||||||
| 7. Transfer to General Ledger | |||||||||||||||||||||||||
| 8. Transaction between two Balancing Segment Values (BSV) | |||||||||||||||||||||||||
| 9. Transaction within Legal Entity (LE) |
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