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Legal Entity Setup and Intercompany accounting

edited Jan 30, 2019 4:30PM in General Ledger & Intercompany 4 comments

Summary

Legal Entity Setup and Intercompany/Intracompany accounting

Content

If we had a transaction from company 10010 to company 10001 as well as 10003 (10001 and 10003 are both in the same LE) Oracle will do an intercompany for the full amount between 10010 and 10001, and then will do an intracompany between 10001  and 10003.  So we never see the intercompany accounting directly between 10010 and 10003.  This is a problem for reconciliation and will make the Allocation and intercompany accounting process very complicated.

 

Any options/advices/thoughts?

 

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