To set up intergroup transactions

To set up intergroup transactions

To set up intergroup transactions, take the following steps:

1. Create a transaction type for intergroup transactions. The transaction type must be Journal Voucher.
2. Set up the intercompany ledger accounts in the Chart of Accounts (tfgld0508m000) session. The ledger account types must be Intercompany. As dimensions are not used during intergroup transactions, the Dimension Options of the Intercompany accounts must be Not Used. If the companies of the multicompany structure do not share the Chart of Accounts (tfgld008) table, you must define the ledger accounts and dimensions in each company.
3. Decide which of the group companies is the base company. In each group company, enter the base company in the Base Company field of the Group Company Parameters (tfgld0101s000) session. The posting data is stored in the base company unti you run the Post Intergroup Transactions (tfgld2201m000) session in the destination company.
4. In the Intergroup Relations (tfgld2501m000) session, specify for each source company and destination company the ledger accounts to which the intergroup transactions must be posted. The source companies and destination companies must belong to different group companies and must use the same base company. The ledger account types must be Intercompany.

To process intergroup transactions

To process the intergroup transactions, take the following steps:

1. Finalize the original transaction in the source company. The transactions in the source company are posted. The posting data of the transactions in the destination company is temporarily stored in the base company.
2. To import the intergroup transactions into the destination company, run the Post Intergroup Transactions (tfgld2201m000) session in the destination company. LN uses the data stored in the base company to create the postings in the destination company.
3. In any of the financial companies for which you setup intergroup transactions, you can use the Print Intergroup Interim Transactions (tfgld2402m000) session to print various selections of the intergroup transaction posting data that is stored temporarily in the base company.
4. Finalize the transaction batch. You must do this both in the source company and in the destination company.
5. In the destination company, use the Delete Intergroup Transactions (tfgld2202m000) session to remove the posting data of the intergroup transactions that have been finalized and completed.