![]() ![]() ![]() The status displayed in this field is updated upon validating a journal entry from Intercompany journal creation and Intercompany journal entry. This field displays the automated sequence number from Assignment.Įnter text to provide the purpose of the intercompany transaction. This field can be used to display the company linked to the selected processing code.Įnter the document type for the journal entry that will be generated during Intercompany journal creation.Įach accounting journal entered is linked to a document type. The following fields are present on this tab :Įntry must be a valid site and the user must have security rights to the site. This function is available only if the INTCO activity code is active. When the transaction is posted, separate journals are generated in the source and target companies using the designated debit and credit accounts from Intercompany account mapping. Only the dimension types associated with the displayed/entered ledgers can be entered.Īn error may occur if the dimension types are set to be required for the analytical ledger and the source company does not include that analytical ledger, but the target company does.For the subsequent account columns, an entry is to be made only if the target company has the same ledger defined in the accounting core model.The first account column is based on the COA of the target company’s main general ledger.The COA column headers are based on the source company ledgers.The following occurs if the target company entered on the line is not the same as the source company:.It verifies that the intercompany journal entry is balanced.Only target companies that were defined in Intercompany account mapping can be selected. ![]() A sequence definition/type is attached to the intercompany entry.Source and target journal lines will be used to generate separate journals in the associated companies (source and target). It is not a common approach though.Use this function to enter intercompany journal transactions. If you want to use G/L accounts directly, instead of customer and vendor accounts, for the entry of receivables and payables you can also enter the trading partner into the G/L account master record used for direct posting on the balance sheet. A special template should be filled specifying ID number, address and currency of trading partner. If the company code is not yet implemented in S4HC then the trading partners shall be maintained by SAP Support via ticket (component XX-S4C-SRV-CON). Trading partner can be filled in App Maintain Business Partners under role Customer/Supplier->General Data-> Control tab (in German: Partnergesellschaft Nummer technical field name VBUND). Typically, as legal invoices are required between companies for certain types of transactions (outside of a cross-charge, miscellaneous billing, or allocation), companies choose to perform the majority of their intercompany transactions at the subledger level.Ĭustomer and vendor accounts for trading partners Intercompany transactions can be done at either a general ledger account or a sub-ledger level. A trading partner represents the company code that is in transaction with your company code. In order to perform intercompany transactions in SAP, you must also define a trading partner on every transaction. In SAP, separate entities under the same parent company are defined with different company codes. Last Review: 09th June 2020, release 2005 ![]()
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