Intercompany Transactions are the transactions between the parent company and its subsidiaries.
These flows between the various company's entities can be monitored.
Intercompany relationships may be defined from the setup of the following elements:
Companies
To access Companies, click Common Elements, and select Entities.
The setup of entities is performed regardless of the company type (holding or subsidiary).
Banks
To access Banks, click Common Elements, select Entities and Banks.
The setup of Banks is performed through the deactivation of the Interco. option, regardless of the company type (holding or subsidiary).
Branches
To access Branches, click Common Elements, select Entities and Branches.
The setup of Branches is performed through the deactivation of the Interco. option, regardless of the company type (holding or subsidiary).
Accounts
To access Accounts, click Common Elements, select Entities and Accounts.
The setup of Accounts is performed through the deactivation of the Interco. option, regardless of the company type (holding or subsidiary).
Intercompany Banks
To access Intercompany Banks, click Common Elements, select Entities and Banks.
The setup of Intercompany Banks is performed through the activation of the Interco. option, regardless of the company type (holding or subsidiary).
Intercompany Branches
To access Intercompany Branches, click Common Elements, select Entities and Branches.
The setup of Intercompany Branches is performed through the activation of the Interco. option, regardless of the company type (holding or subsidiary).
Intercompany Accounts
To access Intercompany Accounts, click Common Elements, select Entities and Accounts.
The setup of Intercompany Accounts is performed through the activation of the Interco. option, regardless of the company type (holding or subsidiary).
The setup is performed by pair of intercompany accounts (account linked to the holding or to the subsidiary).
The direction (holding to subsidiary or subsidiary to holding) is defined by the company linked to the account.
Intercompany Organization Charts
To access Intercompany Organization Chart, click Common Elements, and select Intercompany Org Chart.
The chart represents the link between two companies. The arrow indicates the subsidiary.
Double-click an arrow to add a pair and create the link between two companies.
When the Default column is selected, the account pair can be used by the Cash Ledger, Manual Cash Pooling and Automatic Cash Pooling functions.
When the Int. Payment option is selected, the account pair is used for intercompany payments.
Info
A tick appears in the Done column when the whole chart has been set up.
