Intercompany Transaction settlement across Legal Entities
SummaryHow to settle intercompany transaction that are created in AP and AR across LEs
We have a requirement to create intercompany transactions across legal entities
Example, US Legal Entity will provide services to UK legal entity
Creating Intercompany Batch with Provider US Entity and Receiver is UK Legal Entity
AR Invoice is created in US BU with US Entity as customer and AP Invoice is created in UK BU.
Like that we have around 10 LEs in the Intercompany scope, now how to settle the Intercompany AP and Intercompany AR Invoices.
How Netting works in Fusion to settle all the AP and AR invoices.