Summary

Completed

Intercompany accounting in Finance can help organizations by providing a single-entry point for transactions that must be recorded to multiple companies. Making transactions from a single company saves data entry time, and helps provide a guarantee that transactions affecting multiple companies are recorded in each company.

Finance also helps trace the intercompany entries through the system. It has the functionality that is required by most companies that process intercompany transactions, including the ability to efficiently record intercompany sales orders, purchase orders, and cash disbursements.