We don't have consolidation module. I would like to know how to clear off the inter company payable and receivable GLs at the end of the month.
The intercompany accounts are hit for example when I post entry like below:
Debit Expense Company code 1000
Credit Bank Company code 2000
Auto entries generated:
Credit Intercompany Co Code 1000
Debit Intercompany Co Code 2000
So how do I clear off these transactions please help ? I don't have consolidation modules so I don't use F.2E.
Thanks in advance !