NOTE: Auto-Accept Transactions from Intercompany Partners function is available in 2022 release wave 1. The configuration is included in Intercompany setup card.
Steps | Description |
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1 | To setup for intercompany transactions 1) Enter Intercompany Setup into search box then select the related link i) Fill up IC Partner Code for the company ii) IC inbox Type = select Database Fill up following fields for specify where to create received intercompany journal transitions from IC partners.
NOTE: The IC Partner Code, IC Inbox Type and Aut. Send Transactions configuration to be auto update to Company Information Card. User can either fill up those fields in Intercompany Setup or fill up in Company Information card. |
2 | To setup Intercompany Partners Setup intercompany partners for each company.
a. Code - provide the IC partner code for identify the intercompany b. Name - provide the IC partner code for identify the intercompany c. Company Name - select from Companies d. Auto. Accept Transaction (if applicable) - choose for accept transaction once the transaction is sent from intercompany (i.e. no need to accept transaction in Intercompany Inbox) e. Sales Transaction - setup for intercompany customer fill up the information if the intercompany partner has sales transaction.
f. Purchase Transaction - fill up the information in purchase transaction tab for setup intercompany vendor. |
3 | To setup intercompany Chart of Account |