Intercompany field in Data in Local Currency and Data in Transaction Currency tables

From the business perspective, an intercompany is a mirror of an entity.

The Intercompany field in the Data in Local Currency table contains an entity ID of an internal trading partner for internal, intercompany transactions.

If the Intercompany field is left blank, then the entity is considered as an external trading partner.

Consider the use of the Intercompany field from the Data in Local Currency table and the Accounts business object for validation purposes during financial data import. To use this field for validation, ensure that intercompany financial transactions match intercompany entities.

To ensure that data is loaded correctly into Financial Consolidation, you must specify required information in the Intercompany field in the Data in Transaction Currency table.