Intercompany Settlements
Summary
How to perform Intercompany SettlementsContent
Hello,
We are generating a number of Intercompany AP/AR Invoices across different Business units/Ledgers. I don't believe there is any functionality to net the AP/AR transactions within the Intercompany module. Curious- how do you handle the netting for such transactions so as to pay only the net amount.
For example
AUS Business Unit
Due to US(AP) 100, Due from US(AR)- 40...so should make a payment of 60 to US only
US Business Unit
Due to AUS(AP)- 40, Due from US(AR) 100...so should receive 60 from AUS only
Thanks!
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