Acct entries for interco selling-shipping
Posted: Mon Mar 10, 2008 7:38 pm
Hi
Can anyone share the accounting transactions at various stages of the intercompany shipping (selling org A and shipping org B).
Inventory & multiorg userguide says when interco-AP invoice is created the following entries happends
db COGS
cr intercompany payables
Buy in our system it
db inv ap accrual
cr interco payables
It would be great if someone share the a/c entries in ithe context of a OM/INV/AR/AP standpoint.
Thanks
Can anyone share the accounting transactions at various stages of the intercompany shipping (selling org A and shipping org B).
Inventory & multiorg userguide says when interco-AP invoice is created the following entries happends
db COGS
cr intercompany payables
Buy in our system it
db inv ap accrual
cr interco payables
It would be great if someone share the a/c entries in ithe context of a OM/INV/AR/AP standpoint.
Thanks