We would like the capability to post subsidiary expenses for a parent company generated AP Bill. How do we get access to Subsidiary book and expenses from Parent company bill?
Options we are aware of:
1. We do know how to achieve this with an intercompany journal entry using the naming vendor which we can then pay from the Journal entry. However there are two negatives to this process. First it provides little invoice information for the vendor thus making their AR process complicated and our tracking process for statements very difficult. Second the aging is based off of the Journal entry date and does not apply the Due date making cash management difficult.