Understanding Intercompany Transfer Tracking
Whenever you need to track intercompany transfers (shukkou), whether as a home company or a host company, you enter a new job record with standard actions such as transfer, termination, and hire, but with specific action reasons that are related to intercompany transfers. You can use the Pay Group field on the Job Data - Payroll page to indicate which company is the compensation owner.
This topic discusses home and host data for intercompany transfers and lists prerequisites.
The tables in the two topics that follow provide summarized data entry obligations and requirements for different intercompany transfer scenarios. The first table addresses only the hosting of intercompany transfers; the second table addresses both temporary and permanent intercompany transfers.
A later topic provides details of data entry for a series of scenarios.
See Entering and Maintaining Home and Host Data for Intercompany Transfers.
This table explains the abbreviations that are used in the two subsequent tables:
Code |
Description |
Action |
---|---|---|
ICT |
Intercompany Transfer |
Shukkou |
TICT |
Temporary Intercompany Transfer |
Zaiseki-Shukkou |
PICT |
Permanent Intercompany Transfer |
Tenseki-Shukkou |
HICT |
Hosting Intercompany Transfer |
Shukkou-Ukeire |
HTICT |
Hosting Temporary Intercompany Transfer |
Zaisekki-Shukkou no Ukeire |
HPICT |
Hosting Permanent Intercompany Transfer |
Tenseki-Shukkou no Ukeire |
SL |
Supervisor Level |
Yakushoku |
AA |
Additional Appointment |
Kenmu |
PA |
Primary Appointment |
Shumu |
Hosting Temporary and Permanent Intercompany Transfers
The following table summarizes the information and security requirements for hosting temporary intercompany transfers from companies within a group that uses PeopleSoft HCM and from other companies that don't use PeopleSoft HCM:
ICT Type |
PA Location |
Information and Security Required Within Affiliated Companies that Use PeopleSoft HCM |
Information and Security Required for Affiliated Companies that Do Not Use PeopleSoft HCM |
---|---|---|---|
1 HTICT |
Host (Own Company) |
|
|
2 HPICT |
Host (Own Company) |
Employee information is maintained at host (own) company only. |
Host company information, using Intercompany Transfer Company/Department and Intercompany Transfer Supervisor Level codes. |
Temporary and Permanent Intercompany Transfers
This table summarizes the information and security requirements for temporary intercompany transfers to companies within a group that uses PeopleSoft HCM and to other companies that don't use PeopleSoft HCM:
ICT Type |
PA Location |
AA at Home Company? |
Information and Security Required Within Affiliated Companies that Use PeopleSoft HCM |
Information and Security Required for Affiliated Companies that Do Not Use PeopleSoft HCM |
---|---|---|---|---|
TICT |
Host |
No |
|
|
PICT |
N/A (Completely terminated from home company) |
N/A |
Employee information will be maintained at host company only. |
N/A |
Before you enter intercompany transfers for an employee, complete these steps:
Set up a dummy pay group to use as the compensation indicator if you track intercompany transfers in which the host company (that is, not your company) is responsible for paying the employee.
Note: This setup is reversed if your company is the hosting company; that is, you set up a dummy pay group to track hosted intercompany transfers where the home company pays the employee.
Set up company and department codes to use for tracking intercompany transfers to and from companies that are not registered in the Company table.
Set up supervisor level and IC Trans External supervisor level codes to use for tracking intercompany transfers to and from companies that are not registered in the Company table.
Note: You can track intercompany transfers (shukkou) as additional appointments (kenmu) if you set up and use the additional appointment functionality.