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 ).
We have requirement for triggering intercompany journals at the subledger level.
Intercompany transaction takes place between two legal entities which are with two different ledgers
Example :
Ledger 1 for US and Ledger 2 for UK
US legal entity is linked to ledger1 and UK legal entity is linked to Ledger2
A internal requisition will be raised from UK legal entity on US legal entity in turn there will be a ISO raised in US operating unit which is under US legal entity and Good are shipped from US to UK. Shipped goods are received in UK Operating unit which is under UK legal entity.
For this transaction we need the intercompany Journals to be triggered at subledger level itself.
R12 Intercompany Journal entries will be generate at GL, AR and AP only. if you need any journal entry other than these 3 applications, customization required.
Please review carefully AGIS white paper and let me if you have any doubts in AGIS.