Interorganization payables and receivables- same account or different account?
in Costing
Summary:
Hi Team,
Should we suggest the client same natural account for interorg payables and receivables to knock off since there is no contra entries for these. Why are these two entries triggered-Interorganzation receivables, Interorganzation payables as there is no SFO. This is an in transit interorg transfer. What is the significance of having interorg payables and receivables
Similarly, do we suggest same account for trade clearing, trade-in transit valuation for both cost accounting and receipt accounting?
SLA | Account Class |
|---|---|
Cost Accounting | Interorganzation receivables |
| Trade In Transit Valuation |
Cost Accounting | Trade In Transit Valuation |
| Trade Clearing |
Receipt Accounting | Receiving Inspection |
Tagged:
0