Dear Gurus,
I need little detailed explanation regarding intercompany journals. As per my knowledge we can raise 3 types of intercompany journals.
1. Standard Intercompany journals 2. Qualifier type Intercompany Journals 3. clearing type intercompany journals.
I need clarification/explanation regarding statuses of each type of journal on posting. (I mean howmany lines will be created on posting and explain.).
Please clarify me.
Jayaprakash.
Intercompany Journals
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- Location: India
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hi
let me give an example on a simple intercompany transaction.if you have specified intercompany accounts for category other/other.
say the entry is like this
01-000-1560-0000-000
To 02-000-1560-0000-000
--------------------------
when you post
additionally you wil get two lines generated for intercompany receivables and intercompany payables
regards
rao
let me give an example on a simple intercompany transaction.if you have specified intercompany accounts for category other/other.
say the entry is like this
01-000-1560-0000-000
To 02-000-1560-0000-000
--------------------------
when you post
additionally you wil get two lines generated for intercompany receivables and intercompany payables
regards
rao
-
- Posts: 21
- Joined: Tue Oct 30, 2007 8:06 am
- Location: India
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