Oracle Fusion Intercompany

[@Cherry_vox]

Thanks you sir, explained the concepts very well...audio sound is very low

[@sachin5338]

Hello Sir, My scenario has intercompany transactions without invoicing between 2 different ledgers (different COA) and different legal entity at subledger levels. So at what level we should define our balancing rule and how. Thanks in advance

[@namratavyas9374]

Thanks Vikas for this video.

[@karthik5374]

Good video vikas. I have one doubt in corporate card transactions. Have you load any feed file in your instance?

[@thirtharajuna7285]

How to delete error journals in dashboard

[@KumR]

Thanks Vikas. One quick Question. When doing intercompany transactions, do we always need to give the same segment value for the first company segment and the last intercompany segment ? What is the significance of having an intercompany segment if the values are same ?

[@vikashandaqviksoftoraclefusion]

No, your intercompany segment should be 0000 unspecified.

[@KumR]

But in your example u used same value in first and last segment. Whats reason

[@gursikh133]

Sometimes we do that. It all depends on how you have designed your elimination rules to eliminate the IC Transactions at the period end. Best Pratcie is to use 01-XXXXX-03--XXX (Dr) 03-XXXXX-01-XXX (Cr).

[@beerich]

Nice Video Vikas.. Do you think we can post a intracompany journal without intercompany segment?

[@vikashandaqviksoftoraclefusion]

Janardhan Pc , yes you can post an intracompany journal or intercompany journal without having a segment in COA. Having a segment helps you in clearly identifying the source of origination. Generally, when there is no intercompany segment then multiple intercompany accounts are created to differentiate the source. With the segment, you can have one account for all companies and differentiate using the segment.

[@vikashandaqviksoftoraclefusion]

Intercompany segment allows you to identify the source of intercompany. Those who do not use intercompany segment in chart of accounts, use multiple account codes in intercompany to identify the source.

[@nikitahemani]

How can we setup those rules in chart of accounts rules?

[@vikashandaqviksoftoraclefusion]

Watch the same video from 3.02 onwards to see how to define the rules

[@ppusp]

good

[@vikashandaqviksoftoraclefusion]

Thanks