Defining Intercompany Relationships

To create intercompany transactions in General Ledger or in any other Lawson application, you must define intercompany relationships. An intercompany relationship identifies the payable and receivable accounts used to post company balancing transactions. This procedure describes the process for defining intercompany relationships.

Before you define intercompany relationships, you must define the companies for which you want to define a relationship.

To define intercompany relationships

  1. Access Intercompany Relationships (GL25.1).
  2. Use the following guidelines to define intercompany relationships:
    From Company and To Company (To Co)

    A reversed relationship between the From and To companies is not automatically created. If both companies in the relationship originate intercompany transactions, you must define two relationships, one for each direction.

    System Code (Sys)

    To define different intercompany accounts for each subsystem, define additional relationships and select a specific system code.

    A relationship with a blank system code must exist before defining relationships with specific system codes. If the System Code field is left blank, any system code not specified will use the blank (default) relationship.

    Company Receivables and Company Payables

    You can define multiple From Company and To Company Payables and Receivables by system code.

Related Reports and Inquiries

To Run
List intercompany relationships Intercompany Relationship Listing (GL225)
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