Inter Company Billing in Projects
Our client is in 12.2.4 and as part of new enhancements they are adding new LE & operating units. They are also using Projects Billing and have a question on achieving the below requirements as part of Cross Charge functionality and raise Inter Company invoices.
- Allocation of indirect expenses / common costs to other entities based on a %
- Employee of one entity working for another entity.
- Purchases and expenses from other entities.
At the end of the month the balances to be net and interco invoices raised. The current chart of accounts does not have Intercompany (ICO) segment. Please provide your inputs on achieving these requirements using cross charge and if the absence of ICO segment has any impact?
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