What is inter company Transaction and set ups?
Answers were Sorted based on User's Feedback
Answer / sekhar
Inter company transaction is transactions involved in
moving the material from one organisatoin to other
organisation either by direct tranfer, Inter transfer
document no. or Through internal sales order.
Set ups involves establishing the linkages between
organisations each other, selecting the transfer charges as
percentage of value from goods or fixed , and setting up
the profit accout to which the profit is posted thourgh the
inter organisation tranfers.
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / nikhil rayasam
In breif
Intercompany transaction happens in two flows in oracle
apps
Shipping Flow and Procurement flow ,
In case of shipping flow , If the sale order is booked from
OU and shippied from another OU , than the transaction is
called intercompany transaction.
In case of procurement flow , if the Purchase order is
raised from One OU and recuived in another OU than , the
transction is called Intercomapny transaction.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / 12341234
To capture Intercompany transaction accounting following
steps should be preformed.
Org B - Create Internal Requisition for Org A
Org A - Create internal Sales order for Org B
Org B - Revieve inventory in Org B (from Org A)
| Is This Answer Correct ? | 0 Yes | 4 No |
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