How to: Set Up Intercompany Postings
The Intercompany Postings functionality lets you save time and errors on data entry, by electronically transferring transactions between your company and your partner companies.
To set up intercompany postings
In the Search box, enter Company Information, and then choose the related link.
In the Company Information window, on the Communication FastTab, fill in the IC Partner Code, IC Inbox Type and IC Inbox Details fields. For Help about a specific field, choose the field and press F1.
Open the IC Partner List to create and fill in a card for each of your partners.
If you have set up your intercompany partners as customers and vendors, fill in the IC Partner Code field on the relevant customer and vendor cards.
Set up the intercompany chart of accounts.
If you want to use dimensions on intercompany transactions, set up intercompany dimensions.
If you create or receive intercompany lines with items, you can either use your own item numbers, or set up your partner's item numbers for each relevant item. You can do this either in the Vendor Item No. field or the Common Item No. field on the item card, or use the Item Cross Reference Entries window that is linked to the item card.
If you will make intercompany transactions that include resources, you must fill in the IC Partner Purch. G/L Acc. No. field on the resource card for each relevant resource.
Now you can create intercompany transactions using the intercompany general journal or sales or purchase documents.
See Also
Tasks
How to: Fill In and Post Intercompany Journals
How to: Fill In and Send Intercompany Sales Documents and Purchase Documents
How to: Handle Incoming Intercompany Transactions
How to: Handle Outgoing Intercompany Transactions
Concepts
About Intercompany Postings
Setup of the Intercompany Chart of Accounts
Setup of the Intercompany Dimensions