Inter Company postings

[Former Member]

Hi Folks,

I have 2 company codes with me lets say X and Y. I posted a vendor invoice for a vendor X which is in Co.Code X, and i want to do payment for that vendor through Co.Code Y. I had created a GL Account for intercompany postings and assigned in OBAY. Now, i am trying to post a payment to that vendor (Co.Code X) from Co.Code Y in F-53 .

I gave Company Code Y and gave vendor code and click on tab process open items. It is throughing a error vendor does not exist in company code Y. Actually how to do this ? is there any other setting ?

In OBYA I did setting like this:

Company Code 1

Posted in : X

Cleared against : Y

Debit posting key 40 Credit posting key 50

Account debit 35000000 Account credit 35000000

Compoany Code 2

Posted in Y

Cleared against X

Debit posting key 40 Credit posting key 50

Account debit 35000000 Account credit 35000000

Regards,

Rajini.

Edited by: RAJANI KANTH on Jun 19, 2008 11:05 AM

[former_member348872]

In f-53 screen, select other accounts in open item selection. This will give popup where you can enter vendor and respective company code. This will help to select vendor in other company code.

[Former Member]

Do we need to create the vendor in both the company codes.?

[former_member348872]

No need

[Former Member]

Still i am getting the same message Vendor ..... does not define in co.code X.