An intercompany transaction is a transaction between two entities in an organization. Financial Management enables you to track and reconcile intercompany transaction details across accounts and custom dimensions. Common intercompany transaction types include these types:
The Intercompany Transactions module provides an efficient way to identify, report, and reconcile intercompany account differences. With the ability to view detail transaction at any time, you can reconcile intercompany account differences frequently and thus minimize their impact on the closing cycle.
The Intercompany Transaction module provides these capabilities:
Create intercompany transaction details at the invoice level.
Match transactions in the transaction currency and the reporting or parent currency.
Drill down from an Intercompany Matching Report to the transaction details.
Drill down from an account balance to transactional details through a Web data grid or data form.
View an entity partner’s intercompany transaction details with the entity at any time.
Analyze differences due to real errors in transaction currency or differences due to exchange rates.
For intercompany administrative tasks, see the Oracle Hyperion Financial Management Administrator’s Guide.