Transfer GL balance from one company code to another

[former_member565124]

Hello Experts,

I am already aware that GL balance can be transferred via transfer posting with clearing function of F-04. This function will create intercompany postings which will create a payable to the sending company code and create a receivable to the receiving company code. Our clients don't want to create such entries  when transferring GL balance. Are there other ways  that we can transfer GL balance without creating these entries (i.e: direct transfer of GL balance without any postings)?

Thank you!

Jack

[sanilbhandari]

Hi

If do not have intercompany postings, how do you expect your trail balance to be accurate? Ask your Accounting team the expected accounting entries for such a transaction.

regards

Sanil Bhandari