(v2070.00) Intercompany Current Assets

(Increase in Intercompany Current Assets (v2070.01))

Carrying accounts that often are maintained between companies within a consolidated group. Depending on funding policies of the parent company, the balance may consistently be in a net asset or net liability position. The position may be represented by using Intercompany Current Assets (v2070.00) or Intercompany Current Liabilities (v2540).