Intercompany Transactions

Process intercompany General Ledger journal entries and intercompany Accounts Payable invoices, debit notes, and credit notes. Create an unlimited number of routes to define relationships between companies, including multilevel routes.  Automatically make loan account entries for intercompany transactions and distribute invoices to as many General Ledger accounts as required by defining distribution sets.  Fully integrate with Tax Services to handle tax computations for expensed, allocated, or recoverable taxes.  Enter transaction references and descriptions to provide a detailed audit trail for reconciliation purposes.

Print an intercompany loan account reconciliation report to identify loan accounts that do not agree. 
Process multicurrency transactions in Intercompany Transactions, General Ledger, and Accounts Payable*.
Distribute transactions to companies with differing functional currencies*.
Create routes with originating companies, intermediate companies, and destination companies having different functional currencies*.
Process multicurrency transactions for multicurrency or single-currency intermediate and destination companies*.

Standard Reports
Some of the reports included are:

Invoice Batch Listing
Invoice Batch Status
Loan Account Reconciliation
Route Listing Report
Unposted Invoice Batches

*Available with the add-on Multicurrency module.