Clear unaccoutned payments in R12

[pvnbanga]

Hi, can any one tell me how to get accounted payment in r-12 once it is paid form another entity bank(Intercompany payment) and not it is showing unprocessed in payment window (not accounted)
for ex. payment $1000 of MD entity paid by SH entity these are differnt entities.

Thanks in Advance.[:)]

[tgs100]

The accounting entries would be

Invoice
=======
Expense - MD Entity - 1000 USD - Dr
To Liability - MD Entity - 1000 USD

Payment
=======
Liability - MD Entity - 1000 USD - Dr
To Cash - SH Entity - 1000 USD

Intercompany Payable to SH Entity - 1000 USD - Dr
To Intercompany Receivable from MD Entity - 1000 USD

The intercompany accounting entries will get created during 'Create Accounting'. You should have created intercompany balancing accounts in the ledger setup.

Cheers,
Saravanan TG

[niletra]

Hi,
In R12 There Is Two Tems

1.Intra Company Balancing Rules.

2.Inter Company Balancing Rules.


If you want to Transfer data Between 2 diffrent Legal Entity then you need to Create Inter Company Balancing Rules.

But,

If you Want to Create Transfer data betwen 2 diffrent Operating Unit Which belongs to Same Legal Entity

then you need to create Intra Company Balncing Rules.

So Ihis Case Yo need to Create Inter Company Balancing Rules then do the Accounting