Let’s see how we handle our intercompany journal and the intercompany journal lines that are created from a purchase invoice from our sales company.
This is what happens in the video
Right now, I’m in my supply company. So I’ll find my intercompany journal. It’s here, and here I got two lines, and these lines are created from a purchase invoice posted in my sales company. So when I posted this, these two lines were created. The account number here is chosen on the purchase invoice in my sales company.
In the intercompany chart of account, you can map how you would like your G/L accounts to be handled when working with intercompany, but I can just check the lines here, see if everything is okay, and then post it.
So if I know that I will always just post this intercompany journal every time, I’ll never do any corrections.
You can on your intercompany partner card, you can set up the posting to be done automatically.