Intercompany balancing rules not replacing the intercompany segment — Cloud Customer Connect
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Intercompany balancing rules not replacing the intercompany segment

in General Ledger & Intercompany 1 comment

Summary:

Hello Team,

We have enabled cross validation rules for Intercompany receivables and Intercompany Payables account. The CVR states that we should have IC segment populated with value other than 0000 when we use IC Receivables or Payables accounts.
Since this CVR is set up, when configuring our Intercompany balancing rules, we have to populate a Default IC Segment value other than 0000 because of the above mentioned CVR rule.

For Eg, below configurations are done in IC Balancing rules:
Company1.IC_Receivable_A/C.IC_Defaule_CompanyZ
Company1.IC_Payable_A/C.IC_Defaule_CompanyZ

We created a sample transaction between Company X and Company y. But the accounting from intercompany module is as below which is not correct. We expected that the intercompany segment will be changed with the Company being transacted for the intercompany balancing line. Please let us know if this is an expected behaviour.

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