Intercompany Accounts
Hi
I'm new to the OF and I'm in the process of creating new accounting setup for a company which with two listed companies in R12.1.3. Snap shot of the set is as follows.
* Two legal entities ("A" and "B")
* They users the same COA as Company.Department.Natural Account.Inter Company
* Two Primary ledgers.
* Company and Inter Company segments users the same value set (000 and 001)
* Flexfield Qualifiers as, Company - Balancing Segment / Department - Cost Center / Natural Account - Account / Inter Company - Inter Company
* Legal entity "A" having 000 as BSV and Legal entity "B" having 001 as BSV.
* Have created intercompany accounts for the two primary ledgers with receivables and payables accounts.
I'm new to the OF and I'm in the process of creating new accounting setup for a company which with two listed companies in R12.1.3. Snap shot of the set is as follows.
* Two legal entities ("A" and "B")
* They users the same COA as Company.Department.Natural Account.Inter Company
* Two Primary ledgers.
* Company and Inter Company segments users the same value set (000 and 001)
* Flexfield Qualifiers as, Company - Balancing Segment / Department - Cost Center / Natural Account - Account / Inter Company - Inter Company
* Legal entity "A" having 000 as BSV and Legal entity "B" having 001 as BSV.
* Have created intercompany accounts for the two primary ledgers with receivables and payables accounts.
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