Intercompany trade transaction lines - procedure

Step 1. Post to Financials

For each transaction line, cost and revenue transactions are posted to Financials. If internal invoicing is specified, the invoice lines are posted to Invoicing.

In the Intercompany Trade Order Transaction Lines (tcitr3110m000) session, the status of the invoicing and posting process is displayed in the Status (Selling) field for the financial company of the buy-from enterprise unit and in the Status (Buying) field for the financial company of the sold-to enterprise unit.

Transaction lines without invoicing are automatically posted to Financials, if the Post Transaction Lines (without Invoicing) during Generation check box is selected in the Intercompany Trade Agreements (tcitr1100m000) session for the applicable scenario. If cleared, posting is performed manually in the Post Transactions (tcitr3210m100) session.

Alternatively, you can use the Post Transactions option in the appropriate menu of the:

  • Intercompany Trade Order Transaction Lines (tcitr3110m000) session to post an individual transaction line.
  • Intercompany Trade Orders (tcitr3100m000) session to post the transaction lines of an intercompany trade order.

Posted transaction lines obtain the Posted status.

Step 2. Release to Invoicing

If the Internal Invoice and the Release Transaction Lines to Invoicing during Generation check box is selected for the intercompany trade agreement on which the intercompany trade order is based, transaction lines are automatically released to Invoicing when the transaction lines are created. If the Release Transaction Lines to Invoicing during Generation check box is cleared, you must release the transaction lines in the Release to Invoicing (tcitr3210m000) session.

Alternatively, you can use the Release to Invoicing command in the appropriate menu of the:

  • Intercompany Trade Order Transaction Lines (tcitr3110m000) session to release an individual transaction line.
  • Intercompany Trade Orders (tcitr3100m000) session to release the transaction lines of an intercompany trade order.

The status of the transaction lines changes to Released for the sales and the purchase invoice.

Step 3. Generate sales and purchase invoice
  • Internal sales invoice
    When the billable lines of the internal sales invoice are composed in the Billable Lines (cisli8110m000) session, the transaction line receives the Invoicing in Process status. After the internal sales invoice is posted, the selling part of the transaction line obtains the Invoiced status.
  • Internal purchase invoice
    When the internal sales invoice is posted, the internal purchase invoice can be generated in the Generate Intercompany Trade Purchase Invoices (tfacp2295m000) session. When the purchase invoice is generated, the buying part of the transaction line obtains the Invoiced status.

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