Intercompany in Business Central
About Intercompany functionality
The Intercompany functionality lets you do business with your subsidiary and internal partner organizations in the same way as you engage with your external vendors and customers.
You enter intercompany transaction information only once in the appropriate documents, mapping facilities for the chart of accounts and dimensions help ensure that information appears in the right places.
Benefits to the Intercompany functionality:
Purchase & Sales Documents
After you set up business partners as customers and vendors in the system, and assign them intercompany partner codes, it is possible to exchange intercompany purchase and sales documents, including items and item charges. The Intercompany functionality allows intercompany transactions between multiple databases (for example, in different countries/regions, as well as multiple currencies, different charts of accounts, different dimensions, and different item numbering).
Journal Lines for Balancing
The Intercompany functionality creates general journal lines that result in the balancing of the books of both companies involved in a transaction. In receivables and payables, you assign an intercompany partner code to any customer or vendor. From that moment on, all orders and invoices generated pertaining to transactions with these companies will produce corresponding documents in the partner company, resulting in correct balancing of the accounts.
Full control for documents Transaction
You are in full control of all transaction documents. For example, you can reject a document sent to you and, in this way, Reverse Journal Postings and Undo Receipts/Shipments that were incorrect. Alternatively, when making a purchase from a partner or subsidiary company, you can update the purchase order as long as the selling company has not shipped any goods.
DEMO – SOME SCREENS
IC MENU’ IN BUSINESS CENTRAL
Company Information – IC Partner Code, Sending Transactions Mode
Customer Card (IC Partners Code)
IC Transfer Data Types
IC Charts of Accounts
IC Intercompany Dimensions
Sales Order > “Send to Intercompany Order”
IC Inbox\Outbox Transactions
IC General Journal
IC Transactions Report
IC Handles Transactions (Inbox\Outbox)
Consolidating financial data may especially be relevant in connection with intercompany processes.
L'articolo Intercompany in Business Central proviene da Roberto Stefanetti Blog - Microsoft Dynamics 365 Business Central.