Thank you for supporting the Cloud Customer Connect Community in 2024. It's a gift to work with you!

Look back
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Does Intercompany need to go to the same movement member to eliminate in the cash flow?

Summary:

Using the system designed cash flow for the first time and looking for some advice for intercompany and the cash flow.


As the cash flow is derived from the movement members, does that mean that both sides of an intercompany transaction i.e. loans to intercompany partner and loans from intercompany partner should go to the same movement member to eliminate in the cashflow?

If the two sides went to separate movement members and those two movement members showed as two separate lines on the cash flow, surely the data in the plug account would show at the two lines of the cashflow and only eliminate at the movement member which is the parent of the two movements?

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!