Intercompany

Report Module Guide: Intercompany Transactions

Module Location

Inventory > Receipt List > Intercompany

Module Objective

The Intercompany module is a special inquiry report that is used to track and reconcile transactions between companies that are in the same group (intercompany transactions). This report provides a comprehensive, end-to-end view by linking the Purchase Order from the buying company with the Sales Order and Delivery Order from the selling company.

1. Main View (Intercompany Transaction List)

The main page of this module displays a list of all intercompany transactions that have been recorded, allowing you to track their status.

View Explanation & Filters

• View: This page is the monitoring center for all intercompany transactions. You can see the interlinked documents in a single row.

• Filters: Use filters like Purchase Order Number or a Date range to search for specific transactions.

Key Column Explanation

• Purchase Order Number: The purchase order from the internal company that is buying the goods.

• Sales Order Number: The related sales order created by the internal company that is selling the goods.

• Delivery Order Number: The goods shipment document related to the transaction.

• Status: Shows the current status of the overall transaction process (e.g., 'Awaiting Shipment', 'Received').

2. How to Use the Report

• Use this report to verify that every intercompany Purchase Order has been correctly processed into a Sales Order and has been shipped with the corresponding Delivery Order.

• This report is crucial during the month-end closing process to reconcile the "Intercompany Receivable" and "Intercompany Payable" account balances so they can be properly eliminated in the consolidated financial statements.

Tips & Important Notes

• This module is a read-only report for tracing and audit purposes.

• The accuracy of this report depends on the correct transaction process in the Purchasing and Sales modules in each respective company entity.

• This is a crucial report for the Intercompany Accounting team or the Controller.