Discussions
Advanced Revenue Management and Intercompany Income Account Field
Hello
on the item record, under the accounting tab, there is a field called INTERCOMPANY INCOME ACCOUNT.
The field is set up and we are using ARM. However, when this item is on the revenue element and the customer is an IC customer, upon recognition of the revenue, the revenue credits the regular income account while it should post to the Intercompany Income Account.
I am thinking that:
Sale to a regular customer that generates a revenue arrangement > upon recognition of the deferred revenue the regular income account will be credited.
Sale to a IC customer that generates a revenue arrangement > upon recognition of the deferred revenue the IC income account will be credited.