Intercompany posting

Intercompany Posting allows you to post journals across business units and business unit groups.

You can create intercompany entries in Ledger Entry or Transfer desk by using an intercompany journal type. The Intercompany Posting option within the Intercompany Awaiting Posting Inquiry enables you to post the transactions from the source business unit to the target business unit.

Some example Intercompany Posting scenarios are as follows:

  • Transferring inventory from one company to another
  • Recharging expenses
  • Selling goods or services
  • Cash payments
  • Intercompany loans
  • Automatic cash receipt and matching in a shared service centre type operation.