Intercompany Transaction Module Features

An intercompany transaction is a transaction between two entities in an organization. Oracle Hyperion Financial Management enables you to track and reconcile intercompany transaction details across accounts and custom dimensions. Common intercompany transaction types include these types:

• Intercompany Sales/Purchases

• Intercompany Receivables/Payables

• Sales/Transfer of Fixed Assets to related parties

• Intercompany Loans/Bonds

The Intercompany Transactions module provides an efficient way to identify, report, and reconcile intercompany account differences. You can enter, match, post, and verify intercompany transactions. With the ability to view transaction detail at any time, you can reconcile intercompany account differences frequently, and thus minimize their impact on the closing cycle. You can also analyze differences due to real errors in transaction currency or differences due to exchange rates.

With the Intercompany Transactions module, you can perform these business processes:

• Open periods for intercompany transactions

• Create intercompany transaction details at the invoice level.

• Match transactions at the invoice level.

• Match transactions in the transaction currency, and in the reporting or parent currency.

• Post transactions.

• Create intercompany matching reports.

• Drill through an account balance to transactional details from intercompany matching reports, data grids, or data forms.

• View an entity partner’s intercompany transaction details with the entity at any time.

• Enter text comments to help resolve mismatched entries.

• Analyze differences due to real errors in transaction currency or differences due to exchange rates.

• Lock entities and close periods to prevent unauthorized input.

For intercompany administrative tasks, see the Oracle Hyperion Financial Management Administrator's Guide.