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Former Member

Intercompany

HI Gurus,

Please help me ..In Inter Company How Accounts are updated in ordering and supplying company?

Thanks in advance,

Regards,

Vamsi P

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2 Answers

  • Best Answer
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    Former Member
    Sep 17, 2007 at 08:18 AM

    Hi Vamsi,

    Following accounting documents will be affected.

    1) Shipment to customer (COGS DR, INVENTORY CR)

    2) Invoice to customer ( External receivables DR, Revenues -CR)

    3) Raising of Intercompany invoice ( Dues from other company--DR, Internal revenues --CR)

    4) Giving money for intercompany invoice ( Internal COGS--DR, Dues ---CR)

    Reward points if it helps.

    Regards

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    Former Member
    Sep 17, 2007 at 08:29 AM

    hi,

    supplying company :

    when the supplying company does the PGI cogs is updated and inventory too,

    the intercompany condition type maintained by the supplying comapny IV01

    hits the respective g/l accounts.

    receiving company:

    by the condition type Pi01 , i pricing procedure which specifies the cost at which we hav ereceived the goods.

    reward points if helpful

    sriram.

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