Configure intercompany project invoicing

This article shows how to set up project invoicing between two companies in your organization. This task uses the USSI data set.

1. In the navigation pane, go to Modules > Accounts payable > Vendors > All vendors.
2. In the All vendors list, find and select the desired record.
3. On the Action Pane, select General.
4. Select Intercompany.
5. Set Active to Yes to enable intercompany trading.
6. In the Customer company field, enter or select a value.
7. In the My account field, enter or select a value.
8. Select Save.
9. Close the pages to return to the home page.
10. In the navigation pane, go to Modules > Project management and accounting > Setup > Project management and accounting parameters.
11. Select the Intercompany tab.
12. Move the slider to Yes to enable intercompany resource scheduling and timesheets.
13. In the list, mark the selected row.
14. Select New.
15. In the Borrowing legal entity field, enter or select a value.
16. Select the Accrue revenue check box.
17. In the Default timesheet category field, enter or select a value.
18. In the Default expense category field, enter or select a value.
19. Select Save.
20. Close the page.
21. In the navigation pane, go to Modules > Project management and accounting > Setup > Posting > Ledger posting setup.
22. In the Ledger account types field, select an option.
23. Select New.
24. In the Main account field of the new row, specify the desired values.
25. Select Save.
26. Close the page.
27. In the navigation pane, go to Modules > Project management and accounting > Setup > Prices > Transfer price.
28. Select New.
29. In the Effective date field, enter a date.
30. In the Borrowing legal entity field, enter or select a value.
31. In the Transfer price model field, select an option.
32. In the Pricing field, enter a number.
33. Select Save.