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Intercompany Accounting - Best Practice for a single ledger

in General Ledger & Intercompany 1 comment

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Hi,
Can I please know the best practice for intercompany accounting when there is ONLY one ledger associated with multiple Legal Entities. In other words, if there is only one ledger for multiple LEs, is it recommended to use the intercompany module to create AP and AR invoices or do the individual LEs have to manually create those in the respective subledger(AR/AP)?
Additionally, I would appreciate it if someone could provide us a white paper or document with regard to the above requirement and the respective configs.


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