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JD Edwards World Canadian Payroll II Guide
Release A9.3.x

E21931-03
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D Intercompany Settlement Examples

This appendix contains these topics:

The following examples show how setting up intercompany settlements in payroll affects document and company totals.

D.1 Example 1: No Intercompany Settlements

In this example, labor is distributed to two companies, and the system does not generate intercompany settlements. All liabilities are posted to the home company.

The employee's home company is 100. He worked in two companies:

  • Business unit 90, company 100

  • Business unit 501, company 50

Review the Pay Period Journal Batch Proof report, and notice that the document and company totals are out of balance. The grand totals are in balance.

Figure D-1 Pay Period Journal Batch Proof report

Description of Figure D-1 follows
Description of "Figure D-1 Pay Period Journal Batch Proof report"

D.2 Example 2: Intercompany Settlements Between Two Companies

In this example, labor is distributed to two companies, and the system generates intercompany settlements.

The employee's home company is 100. He worked in two companies:

  • Business unit 90 in company 100

  • Business unit 501 in company 50

Review the Pay Period Journal Batch Proof report, and notice the intercompany transactions with journal type IC. The document and company totals are in balance.

Figure D-2 Pay Period Journal Batch Proof report

Description of Figure D-2 follows
Description of "Figure D-2 Pay Period Journal Batch Proof report"

D.3 Example 3: Intercompany Settlements Between Three Companies

In this example, labor is distributed to three companies, and the system generates intercompany settlements.

The employee's home company is 100. He worked in three different companies:

  • Business unit 90, company 100

  • Business unit 501, company 50

  • Business unit 701, company 7

All liabilities are posted to the home company, company 100.

Review the Pay Period Journal Batch Proof report, and notice the intercompany transactions with journal type IC. The document and company totals are in balance.

D.4 Example 4: Cash Distributed to Non-Home Company

In this example, labor is distributed to three companies, and the system generates intercompany settlements. All liabilities, except cash, are posted to the home company. The credit to cash is posted to company 7.

The employee's home company is 100. He worked in three different companies:

  • Business unit 90, company 100

  • Business unit 501, company 50

  • Business unit 701, company 7

Review the Pay Period Journal Batch Proof report, and notice the intercompany transactions with journal type IC. The document and company totals are in balance.