Creating intercompany billing recharge items

Recharge items are the goods or services definition for invoicing. Recharge items comprise the invoice line detail. The record contains default tax and general ledger accounting attributes.

  1. Select Financials > Intercompany Billing > Setup > Recharge Items.
  2. Click Create.
  3. Specify a code and description.
  4. Specify this information:
    Type
    Select whether the recharge item is goods or services.
    Default Unit of Measure
    Specify a default unit of measure.
    Taxable
    Select this check box if item is taxable.
    Tax Category
    Select a tax category.
    Usage
    Receivables Revenue Account
    Payables Expense Account
  5. Click Save.
  6. Use the Accrual Codes tab to relate a recharge item to company-specific receivable and payable accrual codes.
  7. Use the Withholding tab to relate a recharge item to a receivable country and a payable country, specify withholding general ledger accounts, and indicate cash basis processing.