Difference between Inter Company and GlobalInter C

This forum is to discuss different features/issues of Oracle Financials modules ( GL - General Ledger, AP - Accounts Payable, AR - Accounts Receivable, FA - Fixed Assets & CM - Cash Management ).
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guhanadh
Posts: 35
Joined: Thu Nov 29, 2007 7:49 am
Location: India

Difference between Inter Company and GlobalInter C

Post by guhanadh »

Dear All,

Can any one tell me what is the difference between Inter Company and Global Inter Company.

Regards
Guhanadh
guhanadh@rediffmail.com
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cnubandi
Posts: 101
Joined: Thu Jan 04, 2007 2:06 am
Location: India
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Post by cnubandi »

Hi,

<b>Inter Company</b> Means ,The Transactions between two legal entities which shares the same SOB.
<b>Global Inter Company (GIC)</b> means The transactions between two legal entities which shares different SOB's

Thanks,
Cnubandi
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