Intercompany Transactions
One row holding both sides, because two rows is how the sides come to disagree. Raising it posts in both companies inside one transaction.
Where to find it
- Module: Accounting
- Group: Group
- Section: Intercompany
- Screen: Intercompany Transactions
Address in the console: /accounting/ic-transactions
List · 9 columns · 12 fields on its form · 5 of them required · 1 action
What the list shows
These are the columns of the list, in the order they are drawn. Any of them can be sorted on, filtered on, hidden, or exported.
| Column | Kind | Field name |
|---|---|---|
| Document | Code | ic_no |
| Date | Date | txn_date |
| From | Code | from_code |
| To | Code | to_code |
| Type | Status | txn_type |
| Description | Text | description |
| Amount | Amount | amount |
| Markup % | Number | actual_markup_pct |
| Status | Status | status |
The form
What is asked for when a record is created here. Required fields are marked; a choice drawn from a configuration list is one an administrator can extend without a release.
| Field | Type | Choices | Notes |
|---|---|---|---|
| Relationship | Choice | Looked up from existing records | |
| Selling company required | Choice | Looked up from existing records | |
| Buying company required | Choice | Looked up from existing records | |
| Date required | Date | ||
| Type required | Choice | Configuration list | |
| Description | Text | ||
| Currency | Choice | Looked up from existing records | |
| Amount required | Number | ||
| Tax | Number | ||
| Cost to the seller | Number | The difference from the amount is unrealised profit, and comes out at group level if the goods are still in stock. | |
| Source module | Text | ||
| Source reference | Text |
What you can do here
Raise both sides primary
Posts the receivable in the seller and the payable in the buyer, in one database transaction.
Asks for confirmation: Post both sides of this intercompany transaction?
The rules that apply here
Everything on this screen obeys the platform rules rather than rules of its own. The ones worth knowing before you use it:
- Narrowing a list — search, conditions, sort, totals, export and saved views.
- What may be changed — the five grounds a record may not be edited on.
- Companies and business units — what the switcher above this list is doing to it.
- Creating a record — required fields, where choices come from, and how the number is allocated.
- Importing a spreadsheet — this screen accepts one, and it runs through the same rules as typing.