Inter entity journal entry prerequisites

This setup is required for Inter Entity journal entries:

• A relationship must exist between the From accounting entity and the To accounting entity involved in an Inter Entity transaction.
• One of these accounts must be set up to store the balancing transactions for each accounting entity:
  • Inter Entity Payables and Inter Entity Receivables
  • Inter Entity Payables and Receivables
• You can also set up Sub accounts for Entity relations.
• The Inter Entity Netting action is available if inter entity payables and inter entity receivables are separate system accounts.

See the Financials Setup and Administration Guide.

DrillAround exists between the Inter Entity journal entries. When you are on the From Inter Entity journal entry you can drill to the To Inter Entity journal entry and see all of the related information and vice versa.