Intercompanies and their relationships

Companies with larger, more complex accounting structures may want to consider setting up intercompany relationships in the General Ledger application. When they are used in the Purchase Order application, intercompany relationships can simplify setup and accounting practices. For example, a large company can set up one company to be used as the centralized purchase order company at the PO header level, but use individual purchase order companies at the PO line level. Thus, they can streamline setup at the PO header level and expense at the individual PO company level.

For information on setting up intercompany relationships, see the General Ledger User Guide.