ERPstuff - Oracle EBS Community

Hi Gurus,

I am setting up Intracompany Balancing Rules.

Different parameters selected are:

Source = Other
Category= Other
Debit Balancing Segment Value=All Other
Credit Balancing Segment Value=All Other

Now I am confused about what should I choose in Debit and Credit Account.

Company is our balancing segment.

Should I create a separate Company code for Intracompany Transaction like 999 ?

What Natural account should I choose for Debit and Credit account? Should I go for INTERCOMPANY PAYABLES in Debit account and INTERCOMPANY RECEIVABLES for Credit Account?

If I am wrong or something else I need to do, Please suggest as soon as possible.

I will be really really thankful for any response.

Thanks and Regards,

Satya

Hi All,

No one here has idea about my query?

Please suggest me some solution if any one here know.

Thanks and Regards,

Satya

Hi,

You do not need to create any company code for inter company balancing as system takes inter company balancing value dynamically from.

And for natural account, you may take two separate accounts for each account like inter company payable and Inter company receivables or you may take only one account for instead of both.It should be depends on requirement.

Regards,
Srinivas

Thanks for update Srinivas!

Well as you said to not create any specific company code, then what should I choose for company code in debit and credit account, because system is not letting me go ahead without selecting Debit and Credit account and there I have to choose one company code.

Waiting for your response.

Please reply as soon as possible.

Thanks and Regards,

Satya

Thanks for update Srinivas!

Well as you said to not create any specific company code, then what should I choose for company code in debit and credit account, because system is not letting me go ahead without selecting Debit and Credit account and there I have to choose one company code.

Waiting for your response.

Please reply as soon as possible.

Thanks and Regards,

Satya

[quote]Hi,

You do not need to create any company code for inter company balancing as system takes inter company balancing value dynamically from.

And for natural account, you may take two separate accounts for each account like inter company payable and Inter company receivables or you may take only one account for instead of both.It should be depends on requirement.

Regards,
Srinivas


<i><div align="right">Originally posted by erpsrinivas