IntercompanyTransactions

This video explains step-by-step how to configure intercompany transactions.

[@08117079]

Vikas you made my morning. Thanks for knowledge sharing...one more addition to my knowledge videos. will wait for next video of AP and AR.

[@qviksoft7427]

You made my morning as well by letting me know that the video was useful for you. Keep enjoying my videos and encouraging me and I will make sure you understand Oracle Fusion to the best of my knowledge. God bless you.

[@ashokchowdary3831]

Excellent session...Thank you for sharing knowledge

[@pratimarm8733]

Thank you Vikas for such beautiful session. I enjoyed practicing!

[@vikashandaqviksoftoraclefusion]

Thanks for your kind feedback. Happy learning :)

[@khanalimuzammil]

Thank you Vikas for such good covering the topic, will wait for next video AP and AR. Thanks

[@77mardi]

Thank you for making this video. It is extremely helpful.

[@srikanthgo3915]

Super....thank you for your patience to record this video

[@ayatelnabawy6696]

Can we use AGIS to create intra-company transactions; ie. between 2 business units of the same legal entity ?

[@khanalimuzammil]

Hi Vikas, I would like to understand in the second approach you explained, I assumed (as per 1st approach) that the expense belongs to HQ and Subsidiaries separately. but in 2nd approach, I did not see the recording of expense entry at the HQ level. Kindy brief. Thanks

[@sunderraj6197]

Hi Vikas I am one of your hundreds of happy subscribers. I learn a lot from your videos. I have a doubt. When we create an inter-co transaction across ledger, what if other entity COA structure is different, how can we enter Receiver code combination? Your clarification will be highly helpful for all

[@vikashandaqviksoftoraclefusion]

Hi Sunder, Receiving paty's account is not mandatory. It is mandatory if you do not require approval for the intercompany transactions. If you leave it blank then receiving party would have to fill the details. You have shared an interesting scenario. Generally, a standardized COA structure is used across the organization which facilitates the reconciliation and reporting.

[@sunderraj6197]

@@vikashandaqviksoftoraclefusion I am really enthralled by your knowledge. God bless you with all fortunes.

[@bilalmd3105]

Thanks for the video, it was very helpful While creating transaction cannot see Provider org under LOV but able to see Receiver org Any suggestions?

[@vikashandaqviksoftoraclefusion]

Bilal Md, have you given access to yourself for both the organisations in data access set

[@bilalmd3105]

@@vikashandaqviksoftoraclefusion Yes Vikas I did thru General accounting manager role Actually I'm able see both of my orgs under receiver lov but none under Provider Thanks for the quick response:)

[@khushboovarshney319]

Does oracle cloud supports the functionality of Intercompany where inter-company (I/C) journal entries (JEs) are recorded between business segments without recording the I/C account and then automated process ensures all business unit inter-company balances at month-end

[@vikashandaqviksoftoraclefusion]

If your company segment is not changing then it is as good as posting a journal directly in GL. Why do you need to go through I/C module?

[@narasimhanramanujam1402]

Many thanks or this video. Can you please send document or video link for the intercompany transaction across ledger. I am urgently looking for it and your help is hihgly appreciated

[@harsh19sag]

Hi Vikas. can we achieve intracompany invoicing in similar way? where we have one ledger one legal entity and same legal entity has two different company codes?

[@qviksoft7427]

Intercompany means transaction between two company codes irrespective of whether they are in same legal entity or different legal entities.

[@qviksoft7427]

For journals, it is fine. But within the same legal entity, you shouldn’t be raising AR/AP invoices.

[@srikanthgo3915]

Can i have Intercompany Transaction entry and AP/AR Creation video please

[@kanikeranganath9170]

hi sir i am getting batch status error can u tell me the reason how to solve this

[@vikashandaqviksoftoraclefusion]

Can you inquire the batch and see the error details at transaction level?

[@kanikeranganath9170]

i search in outbound transation i see only error not found error details can u sugest how to view details

[@kanikeranganath9170]

hi sir i define intercompany segment but it is not updated in code combinations can u suggest what is the reason

[@vikashandaqviksoftoraclefusion]

@@kanikeranganath9170 Have you enabled approval for your transaction? If yes then have you defined approval rules in BPM?

[@vikashandaqviksoftoraclefusion]

@@kanikeranganath9170 Have you defined intercompany rules?